研报掘金丨信达证券：预计太阳纸业Q4进入新增产能释放周期浆纸见底、成长性延续

格隆汇2025-06-19

信达证券研报指出，浆纸价格底部企稳，6-7月预计震荡为主。Q3末-Q4初太阳纸业南宁基地项目有望逐步落地，15万吨生活用纸+40万吨特种纸+100万吨箱板纸+50万吨浆分批投产，底层利润年化抬升约5亿+元。此外，老挝木片砍伐节奏26-27年起有望加速，且我们预计26-27年木片价格提升，26年太阳底层利润有望达35亿元。该行预计4、5月太阳纸业经营环比稳健改善，6月盈利略有走弱，Q2利润预计环比...

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研报掘金丨信达证券：预计太阳纸业Q4进入新增产能释放周期 浆纸见底、成长性延续

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研报掘金丨信达证券：预计太阳纸业Q4进入新增产能释放周期浆纸见底、成长性延续