Chinese paper manufacturers, including Nine Dragons Paper, have introduced a new round of price increases across multiple grades of packaging paper, with most adjustments set at 50 yuan (€6.20) per ton. The coordinated moves come as producers attempt to stabilise prices in a subdued market through tighter supply-side controls.
Nine Dragons Paper issued notices across its Quanzhou, Dongguan, Beihai, and Taicang production bases, with increases taking effect between April 18 and April 21. The adjustments cover a range of products including corrugated paper, kraft paper, and recycled containerboard grades.
Other manufacturers have followed suit. Jiangsu Jintian Paper Industry Co., Ltd. announced a 50 yuan per ton increase effective April 23 for its Jinbo-brand kraft and high-strength corrugated papers. Similarly, Shanxi Qiangwei Paper Industry will raise prices by the same amount from April 24, including on outstanding orders.
Additional mills, including Dongguan Jintian, Liansheng Paper (Longhai), Jiangsu Jiusen Paper, and producers in Qinhuangdao, have also implemented increases ranging from 30 to 50 yuan per ton across various grades, with effective dates spanning April 20 to April 25.
