DCRD - demand for decor paper is HIGH - up 10cents on 6,500 shares...$1.75
A survey conducted by the China Paper Association in 2005 showed that the annual demand for decor paper products from China’s furniture industry amounted to approximately 1.7 million tonnes. 900,000 tonnes are high-class decor paper products 800,000 tonnes are regular decor paper products
However, the annual production of high-class decor paper by domestic manufacturers in 2005 was only 300,000 tonnes. The remaining 600,000 tonnes of demand were satisfied by imports, primarily from Europe. As the economy of China continues to grow, the demand for furniture will continue to grow. This growth, in turn, will result in higher demand for decor paper in the domestic market.
