Home> News> A large number of secondary factories have announced price increases of 3% -5% for cardboard and cardboard boxes
October 09, 2023

A large number of secondary factories have announced price increases of 3% -5% for cardboard and cardboard boxes

Under the impact of upstream raw paper price increases, a new wave of price increases in the paper packaging market has started. Since October 6th, a large number of secondary factories in multiple provinces and cities such as Hunan, Hubei, Yunnan, and Sichuan have increased the prices of cardboard and cardboard boxes by 3% -5%. At present, most domestic packaging companies have raised prices multiple times, but the cumulative increase is still generally less than the cumulative increase in raw paper.

October is the first month of the fourth quarter, an important time node in the traditional industry peak season, and also one of the most intense periods of paper price rise in the year. Under the leadership of leading paper mills, small and medium-sized paper mills have a high enthusiasm for following the trend. If the price increase of raw paper continues to strengthen in the future, the prices of cardboard and cardboard boxes will naturally rise.

However, for the third tier factory group, the upstream faces larger cardboard and paper mills, while the downstream directly contacts end customers, resulting in relatively low bargaining power throughout the entire industry chain and higher difficulty in raising the price of cardboard boxes. How to reduce cardboard procurement costs with upstream suppliers and transfer cost pressure to downstream customers is becoming a concern for every third tier factory.

Zunyi Youlian Packaging Industry Co., Ltd.: Starting from 0:00 on October 9th, the original price will be increased by 3%.

Shaoyang Jinmei Printing and Packaging Co., Ltd.: Starting from 8:00 am on October 8th, all products will be increased by 3% on the original unit price.

Qidong County Meineng Packaging Co., Ltd.: Starting from 8:30 am on October 8th, all cardboard and cardboard boxes will increase their original prices by 3% again.

Yunnan Shenji Packaging Co., Ltd.: Starting from 12:00 noon on October 8th, the three layer cardboard will be increased by 0.06 yuan/square meter, and the four/five layer cardboard will be increased by 0.1 yuan/square meter.

Chenzhou Qiangfeng Paper Industry Co., Ltd.: Starting from 17:30 on October 7th, all cardboard and cardboard box prices will be increased by 4% on the original price.

Yongzhou Derun Optoelectronic Technology Co., Ltd.: Starting from 8:00 am on October 7th when receiving orders (subject to delivery), the price of cardboard will be increased by 3% from the original base price.

Hubei Kadun Environmental Protection Technology Co., Ltd.: Starting from 18:30 on October 7th, the price of cardboard will be increased by 3% from the current price.

Wuhan Longfa Packaging Co., Ltd.: Starting from 17:30 on October 7th, the cardboard price will be increased by 3% (discount) on the existing price, and all special offers will be cancelled.

Hubei Evergrande Packaging Co., Ltd.: Starting from 18:00 on October 7th, the cardboard price will be increased by 3% (discount) on the existing price, and all special offers will be cancelled.

Hubei Qinshanmei Corrugated Paper Technology Co., Ltd.: Starting from 18:00 on October 7th, the prices of the cardboard received will be increased by 3% on the basis of the original discount.

Kunming Liyong Paper Products Packaging Co., Ltd.: Starting from 8:00 am on October 7th, based on receiving orders, an increase of 0.02 yuan per layer of paper will be added to the original price.

Yunnan Xinmu Packaging Technology Co., Ltd.: Starting from 9:00 am on October 7th, the third floor will be increased by 0.06 yuan/square meter, the fourth floor will be increased by 0.08 yuan/square meter, and the fifth floor will be increased by 0.1 yuan/square meter.

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