纸浆供应端持续震荡,外盘延续上涨。海外供应端检修、罢工持续发酵,国外浆厂自1月起连发涨价函,阔叶/针叶外盘报价较本轮周期底部已分别提涨40/30美元/吨至590/815美元/吨,内盘价格分别底部上涨533/493元/吨至4950/6587元/吨,我们预计3月海外浆厂报价延续上涨。当前海外浆厂提涨意愿强烈,且国内浆厂已提价或存提价计划,考虑到25年全球商品浆新增产能有限、国内自制浆增量主要为化机浆,...
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