China Papermaking Industry Report, 2012 - Latest Report
Influenced by the economic environment, a number of worldwide paper pulp projects planned to start construction in 2009 and 2010 have been postponed to 2011 and 2012, resulting in rising costs of global wood pulp, waste paper and other raw materials because of supply shortage, thus narrowing profit margins of papermaking enterprises. The average gross margin of Chinese papermaking enterprises (with annual sales of over RMB20 million) was 13% in 2011, down 0.5 percentage point compared with the previous year,...
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