Chinese Paper Giants Collectively Raise Base Paper Prices by 200 Yuan/Ton
Multiple Chinese paper giants have collectively increased the prices of various paper products by 200 yuan/ton due to rising raw material costs and market competition.
Shandong Huatai Paper Industry: Due to the impact of market factors such as rising raw material costs, our production costs have been continuously increasing. To ensure the company’s continued and stable provision of high-quality products, the company has decided to increase the price of all cultural paper series products by 200 yuan/ton starting from September 1st.
Shandong Sun Paper Industry: Affected by various uncertainties, including rising raw material costs, and in order to avoid “involutive” disorderly competition and maintain sustainable and healthy development, we have adjusted the sales prices of relevant products to meet normal market demand:
Starting from September 1st, all non-coated paper products will be increased by 200 yuan/ton based on the existing price.
Henan Jianghe Paper Industry: Due to the increase in production and operation costs, and to ensure that customers are provided with continuous and stable high-quality products and services, the company has carefully decided:
Starting from September 1st, 2024, the price of newly received orders for special printing papers will be uniformly increased by 200 yuan/ton based on the existing price.
Shandong Jianghe Paper Industry: Due to the increase in production and operation costs, and to ensure that customers are provided with continuous and stable high-quality products and services, the company has carefully decided:
Starting from September 1st, 2024, the price of newly received orders for Shandong Jianghe’s offset paper series (including double-coated paper, lightly coated double-coated paper, lightweight paper, and composite paper) will be uniformly increased by 200 yuan/ton based on the existing price.
APP Jin Guang Creative Office Paper Products (Shanghai) Co., Ltd: According to market conditions, due to the recent rise in raw material prices, operating costs have increased. Combined with our current production and sales situation, and in order to continue to provide high-quality products to our customers in a stable manner, our company has decided to increase the price of our copy paper products (including outsourced products) by 200 yuan/ton starting from September 1st, 2024.
Yueyang Linzhi: Recently, the company’s operating costs have continued to rise. To ensure that we can provide high-quality and stable products to our customers, we hereby announce the following:
The prices of all cultural paper series products sold by our company will be adjusted as follows:
Effective immediately, the order price will be increased by 200 yuan/ton based on the current price.
Asia Pulp & Paper (Guangdong) and Asia Pulp & Paper (Shandong): According to the Central Committee of the Communist Party of China’s deployment of economic work in the second half of the year, which emphasizes strengthening industry self-discipline and preventing “involutive” vicious competition, and due to the impact of market factors such as rising raw material costs, resulting in a continuous increase in operating costs, in order to alleviate cost pressure and ensure that customers are provided with stable high-quality products, our company has decided to increase the prices of our double-coated paper and electrostatic copier base paper products by 200 yuan/ton (including tax), effective from September 1st, 2024.
Summary: Chinese Paper Giants Collectively Raise Prices Multiple Chinese paper giants have announced that, starting from September 1st, 2024, the prices of various paper products will be increased by 200 yuan/ton.
The main reasons for this price increase are:
- Rising raw material costs: The continuous increase in the prices of raw materials such as pulp and energy has significantly increased production costs for enterprises.
- Changes in the competitive market environment: To avoid vicious competition, companies hope to maintain stable profit levels through price increases.
Affected paper products include:
- Cultural paper series products (copy paper, offset paper, special printing paper, etc.)
- Non-coated paper
- Electrostatic copier base paper
The impact of price increases on the market:
- Increased costs for downstream enterprises: The increase in paper product prices will be directly transmitted to downstream industries such as printing and packaging, increasing their production costs.
- Increase in end-product prices: Consumers may see an increase in the prices of paper products, books, packaging products, etc.
- Intensified industry competition: Paper companies will face more intense market competition and need to improve product quality, services, and other aspects to maintain competitiveness.
Corporate response strategies:
- Optimize production processes: Reduce production costs through technological innovation and improved production efficiency.
- Diversified procurement: Expand raw material procurement channels to reduce dependence on a single supplier.
- Strengthen cost control: Implement fine-grained management to reduce various operating costs.
- Improve product value-added: Develop high value-added products to meet diversified market demands.
Overall, the collective price increase by paper giants reflects the cost pressures and complex market competition faced by the current paper product industry.
[Note: This summary is based on the provided news content and is for reference only. Actual conditions may vary due to market changes.]
