The hottest Sino US trade war and reconciliation,

2022-08-08
  • Detail

China US trade war and reconciliation, where will domestic paper prices go

release date: Source: Carton micro vision editor: Jin browse times: 5362 copyright and disclaimer

core tip: May 2018, but no matter which way, its standard configuration and adopted standards are generally no different. On the 19th, China and the United States issued a joint statement on bilateral economic and trade negotiations in Washington. The biggest outcome of this Sino US economic and trade consultation is that the two sides reached a consensus not to fight a trade war and stop imposing tariffs on each other. Then, after the Sino US reconciliation and the cessation of the trade war, what impact will it have on the domestic high price of waste paper base paper

[China Packaging News] on May 19, 2018, China and the United States issued a joint statement on bilateral economic and trade consultations in Washington. The biggest outcome of this Sino US economic and trade consultation is that the two sides reached a consensus not to fight a trade war and stop imposing tariffs on each other. Then, after the Sino US reconciliation and the cessation of the trade war, what impact will it have on the domestic high price of waste paper base paper

China and the United States reconciled and the trade war stopped.

China and the United States issued a joint statement on bilateral economic and trade consultations in Washington on the 19th. p> Both sides agreed to take effective measures to substantially reduce the US trade deficit in goods with China. In order to meet the growing consumer demand of the Chinese people and promote high-quality economic development, China will significantly increase its purchases of goods and services from the United States. This is also conducive to the economic growth of the United States and designers often focus on the accuracy, function, reliability and other indicators of the experimental machine

both sides agreed to increase U.S. agricultural products and energy exports in a meaningful way, and the United States will send a delegation to China to discuss specific matters

the two sides discussed the expansion of trade in manufacturing products and services, and reached a consensus on creating favorable conditions to increase trade in the above areas

both sides attach great importance to intellectual property protection and agree to strengthen cooperation. China will promote the revision of relevant laws and regulations, including the patent law

both parties agree to encourage two-way investment to hold the sample, and will strive to create a fair competition and business environment

both sides agreed to continue to maintain high-level communication in this regard and actively seek to solve their respective economic and trade issues of concern

what will be the impact on the domestic paper packaging market after the Sino US reconciliation and the cessation of the trade war

"lifting the ban on American waste" will become a key point in the trend of paper prices

since April, the price of waste paper base paper has shown signs of rising against the trend in the off-season, and after entering may, the momentum of rising paper prices has been irresistible. On May 2, the General Administration of Customs of China suddenly issued the notice of the General Administration of Customs on implementing risk early warning and supervision measures for the import of waste raw materials from the United States without warning. Subsequently, the North American branch of China Inspection and Certification Group (CCIC) officially announced that it would suspend the issuance of waste export certificates for one month. Finally, it triggered a "madness" in the whole industry.. Since this time, the price of national waste and finished packaging paper has soared. In half a month, the price of tons of paper has increased by 1000 yuan. The rate of increase is unprecedented in the history of Chinese papermaking

whether this temporary policy adopted by China will be cancelled because of the reconciliation of the trade war has become a key point in the future direction of paper prices. Restricting the import of American waste is only one of the measures taken by China in the trade war during this period, and it is not the main means, but the impact on China's domestic packaging paper market is indeed huge

compared with the competition of agricultural products and high-tech products, the proportion of imported waste materials in the trade volume of the two countries is very small, and the importance has not affected the lifeline of the country. At the same time, restricting the import of waste itself is a long-term strategy formulated by China after the 19th national congress, which will be gradually implemented in the next few years. The current temporary measures only accelerate the progress of this pace

moreover, the control of foreign waste is not only for the United States, so it will only be the temporary policies adopted by the trade war and reconciliation. In the long run, the fact that national waste has become the most important raw material for papermaking will not change, and its status can only be higher and higher. The dependence on foreign waste will be lower and lower. As for the price trend, the relationship between supply and demand is always fundamental

from last week, the price of waste paper showed a trend of rising and falling. Although the price began to fall back at the beginning of the week, it showed an upward trend on May 18. The price of corrugated base paper continues to rise. However, the settlement between the two sides did not clearly point out the abolition policy of the United States. It is not clear whether the temporary policy will be lifted and when. At the same time, since the implementation time of the strict inspection policy on imported American waste is from May 4 to June 3, the supervision on imported waste paper is still strict during this period, and the amount of waste paper that can be imported is not large. Before the temporary policy changes, the waste paper price may still maintain a volatile upward trend in the short term

Copyright © 2011 JIN SHI