Nine Dragons, Bohui and APP China lift white board prices by USD 30/t (CNY 200/t)
Leading Chinese white-back duplex board producers, including Nine Dragons Paper, Bohui Paper and APP China, issued notices in early October 2026 raising prices by USD 30/tonne (CNY 200/tonne), tax included, effective 1 October 2026. Jiangsu Asia Symbol Paper, Zhangzhou Lian Sheng Pulp & Paper and Wanguo Paper Sun's white board unit followed with matching increases, citing higher coal, wood chip and logistics costs that had pushed market prices below the value of the product.
Why this mattersA coordinated increase across the main duplex board mills signals input-cost inflation is being passed on, raising board costs for Chinese converters and brand owners.
- Price rise of USD 30/tonne (CNY 200/tonne), tax included, effective 1 October 2026
- Nine Dragons Paper, Bohui Paper and APP China issued the increase notices
- Jiangsu Asia Symbol Paper, Zhangzhou Lian Sheng Pulp & Paper and Wanguo Paper Sun's white board unit followed with increases of the same size
- The increase covers all white board grades of the producers concerned
- Producers cite rising coal, wood chip and logistics costs as the reason for the rise
- Nine Dragons Paper raised corrugated kraftliner prices by a further CNY 50/tonne (USD 7.5/tonne) at several mills after the October holiday, matched by producers in Shanxi and Henan.
- Benchmark whitecard price stood at CNY 4,040/tonne (USD 603.7/tonne) and corrugated base paper at CNY 3,055/tonne (USD 456.5/tonne) as of 8 October, unchanged from the start of the month.
- Integrated producer Sun Paper posted a 15.66% H1 gross margin, while containerboard-focused Shanying International lost CNY 700m (USD 104.6m) with a 4.55% margin.
- Corrugated paper average price reached CNY 3,083/tonne (USD 460.7/tonne) in late September, up about CNY 376/tonne (USD 56.2/tonne) since late April and nearly 10% year on year.
- Bohui Paper's H1 net profit fell to about CNY 77m (USD 11.5m) on revenue of CNY 9.454bn (USD 1,413m).