Sixth Post-Mid-Autumn Increase: Nine Dragons Paper to Raise Base Paper Prices by 100-150 Yuan/Tonne at Six Mills from November 1

Published:2026-10-03 · Industry News

On October 26, industry leader Nine Dragons Paper (Holdings) Limited released six consecutive price increase notices. According to the notices, the full range of kraft linerboard, corrugated paper and white-top/coated kraft linerboard from its six major production bases will rise by 100-150 yuan/tonne above current prices. The Taicang base will see the largest adjustment, with a uniform increase of 150 yuan/tonne, while all other bases will raise prices by 100 yuan/tonne. The new prices take effect on November 1.

This is the sixth round of price hikes by Nine Dragons since the Mid-Autumn Festival. Taking Dongguan Nine Dragons as an example, carton base paper prices have accumulated a rise of 750-900 yuan/tonne between September 24 and November 1. At this pace, paperboard and carton prices are still facing upward pressure.

Longzhong Information analysis noted that on October 25, corrugated paper and containerboard prices were mostly stable. Large-scale paper mills mainly held prices and waited, while some small and medium-sized mills quietly offered discounts of 50-100 yuan/tonne. Power rationing in Zhejiang eased slightly, and local paper mill operating rates edged up; paper enterprises in Jiangsu, Guangdong, Fujian and other regions remained at low operating levels. In the short term, supply-side conditions are unlikely to improve significantly. Downstream paperboard and carton plants hold mid-to-high inventories and are purchasing rationally. The waste yellow board market shifted from strength to weakness, reducing cost-side support. Longzhong Information said the finished paper market on October 26 continued an overall stable pattern with minor fluctuations, and market trading activity should be closely monitored going forward.

Source: China Packaging Network (pack.cn), original link: http://news.pack.cn/show-378524.html

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