Nine Dragons paper Zhang Yin: inflation-induced unit costs have risen by hundreds

Source: Internet
Author: User
Keywords Cost Unit hundred paper inflation
April 14 Afternoon news, Boao Forum for Asia 2011 Annual Meeting April 14 to 16th in China's Hainan province, Bo ' ao.  Zhang Yin, chairman of nine Dragons paper, said today in a dialogue with Sina Financial Secretary, the inflation-affected, nine Dragons paper cost per ton of finished products has generally risen by more than hundred yuan this year. According to Ms Zhang, compared with the same period last year, the cost of nine Dragons paper per ton of finished goods generally rose about 100 yuan, accounting for about 3-5% of the total cost.  She said positively, "the raw material rises, the downstream certainly must also raise the price", but did not specify to how far can transfer the pressure, only indicated must see the market to accept the ability. In addition, Zhang said there is no special investment plan this year, because after last year's investment in Shenyang, Fujian and the acquisition of Hebei capacity, nine Dragons paper layout has been basically formed. "We will not expand our business at least in the short term, while digesting these projects."  She said. Compared to nine Dragons paper using waste paper as raw material, Huang Zhiyuan, chairman of the Indonesian giant Golden Group, which has upstream resources, said to Sina finance that there was no pressure for raw materials to rise, because its paper industry was integrated and covered up and down. (Jessie from Boao, Hainan)
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