Shanying Paper Hikes Another 200 Yuan/Ton as Board Plants Rush to Push Fifth Round

First Nine Dragons had "two increases under one notice," announcing a new round of price increases from October 16; then Shanying announced another increase of 100-200 yuan/tonne, setting off the fifth round of price increases since the Mid-Autumn Festival. It seems the paper market will see blood and thunder again in the second half of October, and the blockbuster of price increases has already been passionately staged...

On October 16, Shanying will raise prices again by 100-200 yuan/tonne

On October 13, Shanying International issued another notice announcing an increase in packaging paper prices. The notice said:

As prices of various bulk materials have soared, coal has soared to more than 2,000 yuan/tonne and there is a risk of production stoppage at any time due to coal shortage; added to this, domestic waste paper and chemical auxiliaries are still rising, which has caused production costs to rise substantially. Although our company has worked hard to tap potential and improve production efficiency, we still cannot absorb the pressure of rising costs. From October 16, Zishan, Yinshan, Hongshan, T paper and high-strength corrugated paper will rise by 200 yuan, and Jingui and Sijigui will rise by 100 yuan.

Upstream raw materials are soaring, and paperboard has set off a fifth round of price increase storms

Suzhou Dirsen Packaging Materials Co., Ltd.:

Due to recent power rationing and soaring upstream raw material prices and other factors, our production costs have come under too much pressure; from October 12, prices of all products will rise by 30%.

Fuyang Tianliren New Material Packaging Technology Co., Ltd.:

Because domestic base paper prices have continued to soar, our costs have risen rapidly; from October 8, paperboard prices will rise by 6%.

Bozhou Xinxinghua Packaging Co., Ltd.:

Because base paper prices have continued to rise recently, our production costs have increased severely; from October 9, all newly accepted orders will be executed at the latest prices.

Anhui Guangyihui Intelligent Packaging Co., Ltd.:

Because base paper prices have kept rising, costs have increased severely; from October 12, product prices will rise.

Jiangsu Hongkai Packaging Co., Ltd.:

Because base paper prices have kept rising recently and supply is tight, from October 12 paperboard prices will rise.

Xuzhou Xinhang Packaging Products Co., Ltd.:

Because base paper prices have continued to rise madly recently, our procurement costs keep increasing; from October 12, prices of accepted orders will rise.

Xuzhou Jinniu Packaging Products Co., Ltd.:

Because prices of various raw and auxiliary materials have continued to rise recently, production costs keep climbing; from October 12, all paperboard prices will rise again.

Hebi Xinpu Paper Co., Ltd.:

Because base paper prices keep rising, our production and procurement costs can no longer bear the burden; from October 12, paperboard prices will rise by 0.03-0.06 yuan/square metre.

Zhejiang Daqun Packaging Co., Ltd.:

Because paper mills have been raising prices madly every day recently and the increases continue, and having no choice about the base paper increases, from October 12 paperboard prices will rise by 0.03-0.1 yuan/square metre.

Taizhou Guangming Packaging Technology Co., Ltd.:

From October 12, paperboard prices will rise.

Nanning Jinmei Printing and Packaging Co., Ltd.:

From October 12, paperboard prices will rise.

Zhangzhou Dinglongtai Paper Products Co., Ltd.:

Because base paper raw material prices have continued to rise recently, our company can no longer absorb the resulting operating pressure; from October 12, paperboard prices will rise by 5%.

Wuhan Longfa Packaging Co., Ltd.:

Because base paper prices have continued to rise sharply, our cost pressure has become unbearable; from October 12, paperboard prices will rise by 5%.

Linyi Jinghua Packaging Co., Ltd.:

From October 13, 2021, paperboard prices will rise; for specific details, please contact our company's business managers and back-office staff.

Ruibaoyuan Paperboard Co., Ltd.:

From October 13, 2021, paperboard prices will rise, with different magnitudes of adjustment; for details please consult the office or sales staff.

Shaoyang Jinmei Printing and Packaging Co., Ltd.:

From October 14, 2021, all products will rise by 5% on top of the original unit prices; details are subject to the updated quotation sheet.

——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378444.html