Core Viewpoint - The paper industry stocks have collectively risen, with notable increases in companies like Nine Dragons Paper and Lee & Man Paper, driven by recent price adjustments in various paper products [1] Group 1: Price Adjustments - Several major domestic pulp and paper companies have announced price increases for products including white cardboard, coated paper, food-grade cardboard, recycled kraft paper, and high-strength corrugated paper, with adjustments ranging from 50 to 200 yuan per ton [1] - The implementation of these price changes is primarily scheduled between late November and early December 2025 [1] Group 2: Market Conditions - After five years of stagnation, the white cardboard industry is showing signs of recovery [1] - Driven by e-commerce stocking demands, paper companies are maintaining high operating rates, supported by high costs and low inventory levels, which have contributed to the continued price increase of corrugated and boxboard paper [1] Group 3: Future Outlook - White cardboard prices have been consistently rising since November, with a strong determination from companies to increase prices due to significant pressure on industry profitability and a clear willingness from downstream packaging paper manufacturers to replenish stocks [1] - It is anticipated that paper manufacturers will aim to improve profitability, leading to a steady upward trend in white cardboard prices [1]
纸业股集体走高 纸业巨头密集发布产品调价通知 白卡纸价开始触底反弹