Nine Dragons Paper Announces RMB 50/Ton Corrugated Paper Price Increase at Five Production Bases

Nine Dragons Paper has announced a RMB 50-per-ton increase in corrugated paper prices at five of its major production bases in China, with adjustments taking effect between September 10 and September 14.

The Dongguan and Taicang bases will implement the increase from September 10, 2026. At the Dongguan base, the adjustment is RMB/HKD 50 per ton, equivalent to USD 7 per ton, according to the notice. The Taicang base will raise prices by RMB 50 per ton.

At the Quanzhou base, the RMB 50-per-ton increase will take effect on September 12. The company's Tianjin and Hebei bases will implement the same increase from September 14.

The coordinated price adjustments come ahead of the holiday period. The source describes the move as a defensive price-supporting measure by paper producers.

However, the market outlook remains uncertain. The source notes that average waste paper prices have weakened while the market continues to face an imbalance between supply and demand. These conditions could affect whether the announced increases are fully implemented.

The five production bases covered by the notices are Taicang, Dongguan, Quanzhou, Tianjin and Hebei.