The packaging industry overall growth rate has rebounded bottom trend
The slowdown in output growth across the packaging category. In 2015 1-7 month, Chinese corrugated carton production of about 24 million 514 thousand tons, an increase of 5.89%, with plastic film packaging production of about 7 million 236 thousand tons, an increase of 2.16%.
Packing paper / plastic packaging material price zhangdiehuxian. 2015 1-7 months, paper packaging industry upstream raw material prices have appeared tense a significant rise. Stop at the end of July, the average price of cardboard over the same period last year and by the end of the old rose rose 4.42%/4.65% 0.86%/1.5%; corrugated; at the same time, with the domestic crude oil price trend lower, tight raw materials of polypropylene and polyethylene plastic packaging will cut prices. Stop at the end of July, the average price of LDPE low density polyethylene, linear low density polyethylene LLDPE high density polyethylene HDPE and polypropylene PP respectively over the same period last year and the end of the old -13.9%/8.78%, -20.64%/0.96%, -14.48%/-1.92% change and -28.40%/-9.17%. Because of their extraordinary water packaging industry gross margin is not high, so this round of fluctuations in raw material prices, largely determines the final changes in the profitability of the relevant industry group.
Financial overview paper packaging industry: revenue, net profit growth rebounded bottom, profitability has stabilized. In 2015 1-7 month, the paper packaging industry to achieve the business to pay 188 billion 200 million yuan, an increase of 1.8%; the total cost of 10 billion 810 million yuan, an increase of 7.4%; the level of gross margin was 12.76%, while the cost rate of 6.69%, net interest rate level is 5.75%.