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).
- As of 8 October, benchmark folding boxboard stood at USD 604/tonne (RMB 4,040/tonne) and corrugated base paper at USD 457/tonne (RMB 3,055/tonne), both flat versus the start of the month
- Hardwood pulp benchmark price reached USD 687/tonne (RMB 4,600/tonne) on 7 October, with waste paper also near a one-year high
- China's paper and paper-products industry profit rose 23.6% year-on-year in the first eight months of 2026
- Sun Paper posted H1 revenue of USD 3.118bn (RMB 20.862bn) and net profit of USD 292.6m (RMB 1.958bn) at a 15.66% gross margin, while Shanying International lost USD 104.6m (RMB 700m) at a 4.55% margin and Bohui Paper's net profit fell to about USD 11.5m (RMB 77m)
- Nine Dragons Paper's kraftliner price rise of CNY 50/tonne (USD 7.5/tonne) took effect at its Dongguan and Tianjin mills from 13 October 2026.
- China's white board benchmark price fell to CNY 4,006.67/tonne (USD 598.7/tonne) by 12 October 2026, the lowest in a year and down 7% year on year.
- Hardwood pulp price rose 9.41% year on year to CNY 4,650/tonne (USD 694.8/tonne), while softwood pulp fell 13.4% to CNY 4,806.67/tonne (USD 718.2/tonne).
- China's paper and paper-products sector revenue rose 5% year on year to CNY 922.97bn (USD 137.9bn) in January-August 2026, with profit up 23.6% to CNY 24.7bn (USD 3.69bn).
- Nine Dragons Paper raised kraftliner prices by CNY 50 per tonne (USD 7.5) at Dongguan and Tianjin from 13 October 2026.
- Benchmark white board paper price fell to CNY 4,006.67 per tonne (USD 598.7) on 12 October 2026, down 0.82 percent month to date and 7 percent year on year, the lowest in a year.
- Hardwood pulp price rose 9.41 percent year on year to CNY 4,650 per tonne (USD 694.7); softwood pulp fell 13.4 percent to CNY 4,806.67 per tonne (USD 718.0).
- China's paper and paper products industry revenue rose 5 percent year on year to CNY 922.97bn (USD 137.9bn) in January to August 2026, with profit up 23.6 percent to CNY 24.7bn (USD 3.7bn).