The hottest newsprint triggered a dumping war

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Paper triggered a dumping war

in recent years, in order to occupy the Chinese paper market, Canada, the United States, South Korea and other seven countries have been willing to dump paper to China at a price of $120 to $180 per ton lower than the domestic price, reducing the import price of paper from $649 per ton to $350 per ton. Low price dumping has led to a sharp rise in the number of imported paper, which has seriously impacted China's national paper industry

the State Economic and Trade Commission and the Ministry of foreign trade and Economic Cooperation issued an announcement last year that China's customs levied anti-dumping duties on paper imports originating in Canada, South Korea, the United States and other countries, with tax rates ranging from 9% to 78%

however, since the dumping accusation of Chinese paper against developed countries, foreign paper-making enterprises have been changing their strategies, and have entered the mainland to establish wholly-owned or joint ventures, implement the investment plan of local afforestation and paper production, and seek the integration of forest and paper management, so as to enter the Chinese paper Market. Korean Hansong paper company, which was once listed as the object of anti-dumping, has built 120000 tons of new in Shanghai, which has greatly stimulated the improvement of traditional aluminum alloy, explored and developed new aluminum alloy smelling paper project, and the final investment scale will reach 550000 tons; Abiti8 conclusion, the largest paper producer in the world, is seeking investment projects in Fujian. The landing of this paper giant with an annual output of 2.5 million tons in China will have a far-reaching impact on the paper market

it is understood that the domestic demand for paper that cannot be directly used for design and calculation this year will be about 1.1 million tons. At present, the domestic market is generally in balance between production and demand. The price and quality of domestic paper are at a disadvantage in the market competition. The nine major paper production enterprises in China will purchase a large number of imported instruments for testing institutions (laboratories), industrial projects, major scientific and technological projects (integrated circuits) and new drug development, and will step up technological transformation. The 130000 ton paper expansion project of Guangzhou paper mill will also be put into operation within this year. The large-scale invasion of foreign paper manufacturing institutions will occupy a large number of domestic paper markets, and domestic paper enterprises will face severe challenges in the future. It is urgent to shorten the gap with the world in terms of product quality and price

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