Zhongtai Securities: cultural paper prices generally increased after the festival, short-term supply and demand situation improved

Zhongtai Securities research report indicates that after the cultural paper festival, a series of price increase letters were issued: on February 10th, Sun Paper, Five Dragons Special Paper, Nine Dragons Paper, Gold Huatai Group, Huajin Group, etc., all issued cultural paper price increase letters, with a price increase of 200 yuan/ton. It is expected that paper prices will continue to rise during the bidding season for publishing in March-April; the average cost of pulp is decreasing.