In November 2025, the domestic white board paper market showed an upward trend with fluctuations. This month, the average price of white board paper in South China rose by 5.91% month-on-month, indicating a relatively clear upward trend in prices.
This price increase is mainly driven by dual factors of cost and supply. On the one hand, the continuous strengthening of upstream waste paper raw material prices has provided a solid cost support for the price of white board paper. On the other hand, the tightening of the regional supply pattern has become a key driver: this month, a large-scale paper production facility in South China entered a shutdown and maintenance period. At the same time, some paper mills have cross-allocated their production capacity to products such as kraft paper and grey board paper, which has squeezed the overall output of white board paper and significantly reduced the inventory levels of paper mills.
Despite the upward trend in prices, the current market as a whole is in a relatively balanced state of supply and demand. Downstream customers have relatively sufficient inventory. Their purchasing behavior is mainly rigid procurement to meet actual production needs, and there has been no large-scale stockpiling phenomenon. This market performance reflects that in the current economic environment, all links in the industrial chain adopt a cautious attitude towards inventory management.
