The Domestic Paper Market Has Suddenly Shifted Direction, With Leading Paper Manufacturers Significantly Reducing Their Prices

As April arrived, the trend of the domestic paper market suddenly changed. The price increase that had persisted for several weeks came to an abrupt end. Leading paper companies such as Jiu Long, Shan Ying, and Liven were the first to lower the factory prices of raw paper and the purchase prices of waste paper. Paper prices in Guangdong, Fujian, Shandong, Jiangsu, Guizhou and other regions fell in response, and the bearish sentiment in the market spread rapidly.
This round of price correction is essentially due to the lack of support from the demand side. The first half of the year is usually the traditional off-season for the industry, with insufficient terminal consumer demand. The order volume of downstream packaging and printing enterprises is not satisfactory. The previously artificially inflated prices set by the paper mills lacked market foundation, making it difficult to maintain the price increase. As a result, the market quickly shifted from being dominated by sellers to being dominated by buyers.
It is worth noting that some of Jinqiong Paper's production bases have implemented a short-term "price protection" policy while reducing prices. This is more of a tentative market move aimed at stabilizing existing customers. However, the "price protection" itself also reveals the uncertainty of the paper companies regarding the short-term price trend in the future.
Jiulong Paper's latest price reduction plan
Dongguan Juelong Paper Industry: ① Roofing tiles price reduced by 100 yuan/ton; ② Jiangcai and Dicai prices reduced by 50 yuan/ton; ③ Di Niu and Di YouV prices reduced by 50 yuan/ton.
Taicang Jiulong Paper Industry: ① Corrugated paper price reduced by 50 yuan per ton; ② Premium and standard grades reduced by 50 yuan per ton; ③ Recycled cardstock reduced by 50 yuan per ton.
Quanzhou Jiulong Paper Industry: ① For products weighing 90 grams or less, the price will be reduced by 50 yuan per ton; for products weighing 110 grams or more, the price will be reduced by 40 yuan per ton. ② For products weighing 80/95 grams, the price will be reduced by 50 yuan per ton; for products weighing 140 grams or more, the price will be reduced by 40 yuan per ton. ③ The price for regular products will be reduced by 50 yuan per ton.
Tianjin/Hebei Jielong Paper Industry: ① The price of corrugated/recycled paper has been reduced by 50 yuan per ton; ② The price protection for corrugated/recycled paper will be implemented from April 1st to 7th. The bull card will not participate in the price protection.
Hubei Jiulong Paper Industry: The price of Grade 100 has been reduced by 100 yuan per ton. There are rebates available. The price is guaranteed until April 7th.
Beihai Jiulong Paper Industry: The price of Grade V has been lowered by 50 yuan per ton. Other paper types remain unchanged and are not subject to price guarantee.
Shenyang Jiulong Paper Industry: Return on corrugated board price is 50 yuan per ton.