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Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPY – Get Rating) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a decline of 25.0% from the February 28th total of 800 shares. Based on an average daily trading volume, of […]
Nine Dragons Paper (Holdings) Limited (OTCMKTS:NDGPF – Get Rating) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 8,503,900 shares, an increase of 111.9% from the February 28th total of 4,013,500 shares. Based on an average daily volume of 12,700 […]
If the law sets a criminal to catch other criminals what do you think those criminals will think? My colleagues have discovered that new legislation threatens to do just that.A new draft revision of the Environmental Protection Law is now online for public comment. The draft names the All-China Environmental Federation (ACEF) and its provincial-level branches as the only
Paper Prices Continue to Rise in China Due to Higher Cost of Raw Materials Paper prices have taken a sharp rise in China recently, with some companies upping prices five times in a month. The soaring price has become a most searched topic on China’s Internet. Major printing paper companies and traders issued a number of notices of price adjustments in May after the price of printing paper increased by approximately $31.34 per ton. The increase for white cardboard was even higher. Nine Dragons Paper, a leader in the packaging paper industry, raised prices five times in May. The price adjustm...
Valmet to deliver key pulp technology to Nine Dragons in China HELSINKI, March 9, 2021 /PRNewswire/ -- Valmet has received several pulp technology orders from Nine Dragons to its pulp mills in China. The deliveries include fiberlines and core components for recovery boilers and lime kilns. The deliveries will be done in phases and the start-ups are scheduled for 2022 and 2023. The value of the order will not be disclosed. However, a project of this size and scope is typically valued at around EUR 100 million. The order was included in Valmet's orders received of the fourth quarter 2020. "We a...