8月5日，港股纸业股走高，截至发稿，晨鸣纸业涨近9%，理文造纸涨超7%，玖龙纸业涨超6%，建发新胜涨超4%。
消息面上，据证券时报，进入8月，造纸行业便迎来一轮涨价潮。玖龙纸业、理文造纸、山鹰国际等龙头企业近日相继发布涨价函，宣布自8月1日起上调多款产品价格。这已是7月以来包装纸行业发起的第四轮涨价，显示出行业调价频率明显加快。今年以来，造纸企业已在1月—3月和5月进行过两轮提价，而本轮主要是包装纸价格上涨。原材料、能源及物流等成本上升成为此轮涨价的主要推动因素。
此前，广东省造纸行业协会发布《关于推动广东省造纸行业“反内卷”促进行业高质量发展的倡议书》。浙商证券认为，造纸行业作为产能供需失衡、盈利底部区间的周期行业，有望受益于“反内卷”。从行业当前经营状态看，造纸行业底部较为夯实，一方面经历多年扩产后，行业25-26年新增产能较为有限，另一方面当前各细分纸种纸价、开工率多处于周期底部区间、库存合理，本轮“反内卷”若能拉动纸价回归合理水平，龙头企业盈利估值弹性较大。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
