The most popular focus on capacity release the pap

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Pay attention to the release of production capacity in the second half of the year. The high energy density of the paper industry or the battery exceeded the expectation caused an explosion in the use process. Due to the high growth rate of the paper industry's fixed asset investment in 2007 and 2008, the industry's supply-demand relationship deteriorated after the second half of 2008. We estimate that the industry's production capacity utilization rate in 2009 was basically the same as that in 2008, and may decline in 2010

due to economic fluctuations, the paper industry has been in a shock of demand for a certain period of time, and the industry's profitability has declined significantly. In the second half of the year, with the steady economy and the gradual recovery of confidence, the profitability will return to a state matching the industry's supply and demand. At present, the industry is gradually recovering. We believe that the paper industry will be better than our expectation in the second half of 2009

in the second half of the year, there were band investment opportunities brought about by the self adjustment of the industry's profits. However, we are not very optimistic about the recovery of profits due to the suppression of the industry's supply and demand in 2010, but there is no need to be pessimistic. The profitability of tons of paper will be better than this year. What we need to care about is the release time of the new capacity of each subsidiary industry

our ranking of various paper types: the ranking of paper types in the second half of 2009 is white card paper, coated paper, cultural paper, paper and box board paper; In the first half of 2010, the paper categories were coated paper, cultural paper, paper, white card paper and box board paper. It is suggested to buy enterprises with capacity release in 2010, which will bring growth

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