Five consecutive price increase letters have been sent in half a month, and the paper factory has a clear willingness to raise prices

Since the National Day holiday, the overall market situation in the paper industry has remained mainly upward. Both leading paper mills and small and medium-sized paper mills have undergone one or more rounds of price increases, and various paperboard markets have also followed suit. A wave of price increases involving various links in the industrial chain has become a scale. As of late October, this wave of price increases continues, and the paper mill's attitude towards raising prices is very clear.

On October 24th, the paper industry giant in Dongguan, Jintian Paper, issued another price increase letter: starting from October 27th, Jinbo brand recycled kraft paper and Jinbo brand high-strength corrugated paper will all increase by 30 yuan/ton. This is the fifth price adjustment letter issued by the paper company in nearly half a month.

Previously, Dongguan Jintian Paper Industry issued four price adjustment letters on October 7th, October 14th, and October 16th, involving paper types such as gray cardboard, high-strength corrugated paper, recycled kraft paper, and yarn tube paper. The specific details are as follows:

Starting from October 22nd, the prices of composite core paper, Golden Shield brand grey cardboard (Golden Shield composite products), and Golden Bo brand grey cardboard (including single ash, double ash, one-time molding grey cardboard, and Golden Bo brand composite products) will be uniformly increased by 50 yuan/ton on the basis of the original prices.

Starting from October 20th, the price of Jinbo brand yarn tube raw paper will be uniformly increased by 50 yuan/ton on the basis of the original price.

Starting from October 16th, the price of Jinbo brand recycled kraft paper and Jinbo brand high-strength corrugated paper has increased by 30 yuan/ton on the basis of the original price.

Starting from October 10th, the prices of Jinwa brand gray cardboard, Jinwa brand glossy gray cardboard, Jinwa Huang brand gray cardboard, Jinwa brand blue core cardboard, and Jinbo brand single and double-sided glossy gray cardboard products will be uniformly increased by 50 yuan/ton on the basis of the original price.

Within a month, five consecutive price increase letters were sent, covering almost all of Dongguan Jintian Paper's raw paper products. And this is precisely the epitome of the price increase trend in October: paper mills may not see a significant increase in a single price, but the frequency of price increases is high, involving multiple types of raw paper. Although the overall price increase is far smaller than the same period in previous years, it is still enough to cause widespread discussion in the industry.

At present, October is gradually coming to an end, and the "upward trend" in the paper industry market still exists. Leading paper company Nine Dragons Paper has also released a new price adjustment plan, involving multiple production bases in Dongguan, Quanzhou, Chongqing, Beihai and other areas. It is not difficult to foresee that before November, the paper industry market is likely to continue to rise, and after November, it depends on the acceptance of downstream enterprises.