In June, a number of packaging paper factories announced downtime repair news in the market caused great concern.

    Nine dragons, dongguan: PM1 is shut down for 6 days, PM11 is shut down for 6 days, and PM19 is shut down for 6 days

    Liwen, guangdong: PM3 is shut down for 15 days, PM9 is shut down for 10 days, PM12 and PM17 are shut down for 7 days each.

    Dongguan jianhui: PM1 and PM4 are shut down for 10 days each
 
    Dongguan jinzhou: H paper machine stop for 10 days

    Henry, henan: the first/second production line is shut down for 7 days each

    Henan huaneng technology: the whole line is shut down for 10-15 days

    Recently, the domestic corrugated box board market showed signs of high decline, so there is a market view that the paper plant announced in June shutdown is to reduce production and

protect prices. Of course, this possibility exists, but we believe that the shortage of waste paper materials is indeed the more important reason for the shutdown.