2023 China pulp and paper industry is full of challenges and opportunities

According to the forecast, China's pulp imports are likely to recover in 2023. In addition, the import structure is likely to be further optimized and the proportion of bleached sulphate broadleaf pulp will increase. The production of bleached kraft softwood pulp generally lacks cost advantages compared to bleached kraft broadleaf pulp. As the capacity of bleached sulphate broadleaf pulp expands, the price gap between the two products will continue to exist. As a result, producers in China may need to increase the proportion of bleached sulphate broadleaf pulp in the feedstock mix.

The Chinese government advocates green development and advocates the whole society to use more materials that conform to the concept of sustainable development and environmental protection. Packaging materials based on natural wood fibers are undoubtedly the best choice, which provides a market opportunity for pulp as a renewable and sustainable raw material. The commissioning of the new pulp plant in Uruguay will take UPM's pulp supply capacity to a whole new level and contribute to the thriving paper industry. As the world's largest pulp market, China is very important for UPM pulp. UPM has accumulated a wealth of experience and knowledge in the Chinese market, and the Asia Pacific sales and service team has been established and operated for 11 years. Currently, the Asia Pacific team has 18 professionals.