Several paper companies issue price increase letters for April

Golden Ten Data reported on March 21 that as we enter late March, the calls for price increases in the packaging paper industry are intensifying. Following two rounds of price hikes in early and mid-March, Nine Dragons Paper Co., Ltd. has recently issued its third price increase notice this month, clearly announcing that the upward trend will continue in April, with a single increase of 50 yuan/ton. At the same time, several white cardboard paper companies are also issuing price increase notices. Leading paper companies such as Shandong Bohui Paper Industry Co., Ltd. have announced that starting from April 1, the price of white cardboard paper will rise by 200 yuan/ton. Regarding the reasons for these frequent price hikes, the paper companies have repeatedly mentioned in their notices that "due to the impact of geopolitical situations, energy prices have surged, leading to significant increases in the prices of related chemical products and greater risks of unstable supply, resulting in continuously rising operating costs."