China Grows In Paper Capacity, Scrap Fiber Use

摘要

China's paper and board market, which has grown rapidly in terms of capacity gains recent years, will dominate global growth to 2020, according to research presented by David Walker, President of Jaakko Poeyry Consulting's Asia-Pacific Operations. This growth will have a major impact on the structure of the global industry, Walker told a telephone conference hosted by Deutsche Bank last week. Walker made several other key points: 1. The [Chinese] market will increasingly be served by domestic producers, slowly closing the door on imports. 2. The domestic markets will be intensely competitive, and prices will be constantly under pressure. 3. Exports from China will grow despite generally unattractive margins, in part to even out sales volumes.