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May 23, 2025

The Wave Of Price Hikes For Base Paper Continues To Spread, And The Scope Of Price Increases For Cardboard May Continue To Expand

The price fluctuations triggered by the paper market have now been passed on to the corrugated cardboard industry. Recently, several well-known cardboard manufacturing enterprises in Fujian, Guangdong and other places have issued price increase letters, announcing that they will raise the prices by about 2% on the original basis. As the price increase of base paper continues to spread, the range of price hikes for cardboard may continue to expand, and the increase rate may also rise accordingly.

Dongguan Xinfengyuan Paper Products Co., LTD. : As of 20:00 on May 19, 2025, the score for the third layer will be increased by 3 points, and for the fourth and fifth layers, it will be increased by 5 points.

Fujian Xinlong Packaging Products Co., LTD. : Starting from 8:00 on May 20th (based on the order acceptance time), the price of cardboard will be increased by 2% on the original basis.

Zhangzhou Tianchen Paper Products Packaging Co., LTD. / Xinlida (Zhangzhou) Packaging Paper Products Co., LTD. : Starting from 8:00 on May 20th, the price of cardboard will be increased by 2% on the basis of the original price.

Fujian Hexin Packaging Co., LTD. : Starting from 8:00 on May 20th, the price of cardboard will be increased by 2% on the basis of the original price.

Fujian Huafa Packaging Co., LTD. : Starting from May 20th, the price of cardboard will be increased by 2% on the basis of the original price.

Xiamen Shikaiwei Packaging Industry Co., LTD. : Starting from 8:00 on May 20th, the price of cardboard will be increased by 2% on the basis of the original price.

Zhangzhou Dinglongtai Paper Products Co., LTD. : Starting from 8:00 on May 20th, the price of cardboard will be increased by 2% on the basis of the original price.

The cardboard manufacturing enterprises announced price hikes, and the direct factor was the increase in paper prices. Since May 12th, leading paper mills and small and medium-sized paper enterprises in various regions have completed one or more rounds of price hikes. The main characteristics of the current wave of base paper price increases are high frequency, a wide variety of paper types, and a firm attitude towards price support. And this has directly raised the production costs of cardboard enterprises.

It is learned that Shanying Paper Industry raised the prices of corrugated paper, boxboard paper and other types of paper on May 15th and May 19th. At the same time, it announced that it would raise prices again on May 26th, with a single increase of 50 yuan per ton. On May 19th, Jiangxi Liwen Paper, a subsidiary of Liwen Paper, raised the prices of B paper, E paper and core paper by 50 yuan per ton. Starting from May 24th, it will increase the prices of paper, E paper, core paper, Q paper and K paper by another 50 yuan per ton.

From the perspective of market demand, with the adjustment of tariffs between China and the United States, the market has significantly recovered. Many terminal consumer enterprises have directly or indirectly received calls or emails from multiple US purchasers urging them to place orders, which has led to a substantial increase in the demand for paper packaging. It is not difficult to imagine that in the coming period of time, price hikes will remain the main theme of the paper packaging and paper industry market.

However, compared with the current price hikes, what enterprises in the industry should consider more is the market trend after the 90-day buffer period and make corresponding preparations in advance.

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