What do you think is the development trend of newspapers?

Output declined year by year

Newsprint is the main paper used for newspapers and books.In recent years, the prevalence of electronic media has reduced the amount of paper used by newspapers, and newsprint output is not what it used to be. According to the data disclosed by the China Paper Association, from 2010 to 2019, China's newsprint production declined year by year. in 2019, China's newsprint production was only 1.5 million tons, down 21.05% from 2018.

Demand for paper media recession shrinks

Influenced by the downstream market atrophy, China's newsprint consumption declined year by year, but the rate of decline is slower than the rate of decline in production, and the overall consumption is higher than the production, and the domestic market for newsprint is in a state of slight oversupply.In 2019, China's consumption of newsprint reached 1.95 million tons, a 17.72% decline from 2018 slipped 17.72%, but 30% more than the 2019 production.

Serious price decline during the epidemic

From the point of view of price level changes, from 2010-2019, China's newsprint price level fluctuates between 4,000 yuan/tonne and 6,500 yuan/tonne, and since the price of the bottom of the price in 2015 relies on the price of newsprint continues to climb, reaching a high point in late 2018 , followed by a gradual decline. in May 2020, the price of newsprint in China fell to 5,268 yuan/ton.

--The above data comes from China Paper Industry Development Outlook and Investment Strategy Planning Analysis Report by Prospect Industry Research Institute.