China's Nine Dragons, Lee & Man and Shanying to cut 270,000 tons packaging paper via early 2026 shutdowns.

Three major Chinese paper producers—Nine Dragons Paper, Lee & Man Paper and Shanying International—have announced maintenance shutdowns for January-February 2026, collectively reducing packaging paper output by around 270,000 tons, primarily corrugated paperboard. Shanying's 12 corrugated machines across seven domestic and international bases will halt for 5-10 days from 1-13 January, trimming market supply by approximately 108,000 tons based on design capacity. Lee & Man Guangdong will idle five machines for 15-22 days in February, cutting 93,000 tons of linerboard/corrugated paper and 30,000 tons of grey-backed white cardboard, excluding PM7 linerboard line. Nine Dragons' Quanzhou PM36 will stop 18 January-1 February (13,000 tons linerboard reduction), while Beihai PM48 cuts another 26,000 tons by late January.