Nine Dragons Paper, Shanying Paper and several other Chinese paper producers have announced a second round of price increases for selected paper products in August, with most adjustments set at RMB 50 per tonne.
Nine Dragons Paper announced increases across several production bases. At its Quanzhou mill, corrugated paper prices will rise by RMB 50 per tonne from August 17, followed by recycled kraft paper from August 22 and selected kraft paper grades from August 25.