August Packaging Paper Market Probes Higher: Some Mills Announce 30-100 yuan/tonne Price Hikes

August packaging paper market tests higher in places: some mills issue price-increase notices, with hikes of 30-100 yuan/tonne.

As August began, the packaging paper market, which had been sliding, showed fresh volatility, with paper prices in certain regions attempting to move up. It is understood that some mills issued price-increase notices days ago, raising prices by 30-100 yuan/tonne.

From the weekend to now, the corrugated and containerboard market has been broadly steady, with only isolated quotations raised. As some downstream packaging plants replenished inventory moderately and order volumes at certain regional mills increased from earlier levels, a few mills tentatively lifted prices by 30-50 yuan/tonne. Most industry participants remain cautious about the outlook and continue to buy only for immediate needs.

MCC Paper Yinhe Co., Ltd.: To ease production and operating pressure from current raw material cost increases and ongoing environmental-protection and safety investments, from August 5, 2022, all corrugated paper products under the company will be uniformly raised by 50 yuan/tonne on top of current prices.

Shahe Jinxin Paper Co., Ltd.: Due to raw material impacts, after study the company has decided that from August 5, 2022, all high-strength corrugated paper products will be raised by 30 yuan/tonne.

Tangshan Fengnan Shengda Paper Co., Ltd.: Because raw material prices have continued to rise recently and environmental factors have increased production costs, prices will be raised by 30-50 yuan/tonne on the basis of current sales prices.

Dongguan Jintian Paper Co., Ltd.: Due to rising operating costs, after company study it has been decided that from August 1, all grey board paper series products made by the Dongguan company will be uniformly increased by 100 yuan/tonne on top of the original price.

Jiangsu Jintian Paper Co., Ltd.: Due to rising operating costs, after company study it has been decided that from August 1, all grey board paper series products made by the Jiangsu company will be uniformly increased by 100 yuan/tonne on top of the original price.

Sichuan Jintian Paper Co., Ltd.: Due to rising operating costs, after company study it has been decided that from August 1, all grey board paper series products made by the Sichuan company will be uniformly increased by 100 yuan/tonne on top of the original price.

The 30-100 yuan/tonne increase clearly signals a test of the market: continuous price declines have left many small and medium-sized mills at the break-even edge or even in loss.

At the same time, the market has recently rebounded across the board, pushing up mills' raw material costs. These two factors have strengthened mills' willingness to raise prices, but given weak market conditions and other constraints, they can only make small increases to gauge downstream packaging enterprises' response.

Looking at market changes, the waste paper market has fully recovered this week; including leading paper mills, most domestic mills have raised waste paper purchase prices by 20-50 yuan/tonne. In the short term, waste paper prices are expected to remain mainly upward.

Guangdong Dongguan Jintian Paper: from August 9, Dongguan Jintian Paper up 30-130 yuan; paper skin and hollow board up 30 yuan/tonne, white waste paper up 130 yuan.

Shandong Zaozhuang Haixiang Paper: from August 9, Zaozhuang Haixiang Paper up 50-70 yuan.

Guangdong Dongguan Jinzhou Paper: from August 9 (second price adjustment), Dongguan Jinzhou Paper up another 30 yuan, for a cumulative increase of 60 yuan.

Hebei Baoding Zeyu Paper: from August 9, Baoding Zeyu Paper up 60 yuan.

Jiangsu Taicang Nine Dragons Paper: from August 9, Taicang Nine Dragons Paper up 50 yuan.

Zhejiang Jiaxing Jingxing Paper: from August 9, Jiaxing Jingxing Paper up 50 yuan.

Anhui Ma'anshan Shanying Paper: from August 9, Ma'anshan Shanying Paper up 50 yuan for some grades.

Yunnan Yiliang Hongxing Paper: from August 9, Yiliang Hongxing Paper up 50 yuan.

Liaoning Xingdong Technology Co., Ltd.: from August 9, Liaoning Xingdong Technology up 50 yuan.

Jiangxi Shangrao Sanhe Paper: from August 9, Jiangxi Shangrao Sanhe Paper up 30 yuan.

This article is reprinted from China Packaging Network (pack.cn), original link: http://news.pack.cn/show-379064.html