Rising Costs and "Double 11" Approaching make Paper Prices Rising

       Double 11 is approaching, and the price of packaging boxes paper keeps rising.

       From the perspective of price-increasing varieties, the price of corrugated box paper has increased rapidly recently. The industry conservatively estimated that the average rise of corrugated paper exceeded 400 yuan/ton from the National Day.

      "The recent price increase of corrugated box paper is fierce, mainly due to the sharp increase in raw material costs and the low operating rate of the industry." At the same time, because the market is buying up and not buying down, the continuous price increase in the upstream will also help the price increase to be further transmitted to the terminal.

       In addition, some market participants believe that, nearing Double 11, downstream demand such as express packaging may pick up, and this will further drive upstream paper companies to increase prices.

    Under the pressure of cost, the price increase of paper companies has become inevitable. A person in charge of a paper making company in Shandong made it clear that due to rising costs, the price of the company's products increased four times within 20 days.

       Since corrugated paper boxes have been rising rapidly recently. For packaging factories, due to their limited ability to pass costs to the terminal, they eventually even considered giving up some orders. A person in charge of a packaging company in Shandong told reporters that the company has recently suspended orders under cost pressures.