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Shanghai Printing Association Holds "Paper Price Volatility" Seminar

March 04, 2021

        On the morning of February 5, 2021, the Shanghai Printing Industry Association, Shanghai Packaging Technology Association, Shanghai Newspaper Association, Shanghai Publishing House Management Association, Jiangsu Printing Association, and Zhejiang Printing Association jointly initiated the "Paper Prices Volatility and how relevant parties respond" seminars were held online and offline simultaneously. More than forty representatives from relevant government departments, industry chains, media and other related parties participated in the meeting.


        The meeting was presided over by Lu Youhai, executive vice president of Shanghai Printing Industry Association. The main topics of the meeting were: industry chain enterprise representatives reporting and analyzing the status quo and trends of the industry; how upstream and downstream faced them and what effective hedging tools were available; legitimate rights and interests and remedies And legal and policy basis. Shanghai, Jiangsu, Zhejiang Printing Association, Shanghai Packaging Association, Shanghai Publishing House Management Association, printing enterprise representatives, paper industry representatives, industry legal consultants, etc. successively made exchange speeches. Participants said that this seminar was very timely and necessary. It fully reflects the regional cooperation of industry associations and adheres to the purpose of serving members, enterprises and the industry wholeheartedly.

       This round of paper prices have continued to soar. There are market factors such as rising raw material costs, paper industry capacity adjustments, paper mills’ production and price control, and post-epidemic price repair needs. However, from the perspective of price increases, methods, and centralized releases, there are also supply The strong demand for profit from the paper side and the subjective factors and actual performance of the group price increase.

      After more than half a year of continuous rise, it has brought unprecedented impact to the normal production and operation of printing and packaging enterprises. If it cannot be effectively controlled, it will have a serious and large-scale impact on the entire printing industry. In the publishing industry, the printing and distribution of books and teaching materials have a direct impact. These problems may cause social problems. 

The two provinces and one city industry associations suggest: the printing industry should explore and establish a cross-regional, shared paper procurement and supply system that conforms to the laws of the market economy as soon as possible, and actively, actively and jointly respond to the changes in the paper market, and change the current passive response situation . The majority of printing companies should take active and effective measures in this special period. Adjust business strategies, dynamically adjust inventory in a timely manner, enhance internal management capabilities, improve processes, improve technology, reduce costs and increase efficiency, and increase revenue and reduce expenditure.

       The next steps of the major associations in the two provinces and one city are: on the one hand, the upstream and downstream industry associations in the industrial chain should strengthen communication, form an effective dialogue platform, and jointly maintain the healthy development of the industrial chain in accordance with market rules and legal norms. On the other hand, the printing industry association should reflect the voice of industry enterprises to the relevant government departments in a pragmatic manner, request the relevant government departments to pay attention to the severe situation of the industry, and regulate upstream enterprises to enhance self-discipline awareness and operate in compliance with laws and regulations.

       It is reported that after the Spring Festival, the upstream and downstream of the two provinces and one city will hold a second seminar, inviting more paper-making companies to participate, hoping to form a better new solution to jointly maintain the healthy development of the industrial chain. 

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Ms. Lily Yu

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