2025-11-25
China’s corrugated paper market has seen a sharp upward trend in recent weeks. As a core material for packaging products, this price movement will impact global packaging procurement costs. Here’s the latest market insight for our overseas clients:
For 140g/m² corrugated paper, prices climbed 12.09% between October 16 and November 16, 2025. Over a longer window (August 27 to November 25), cumulative gains hit 20.99%. By November 24, the latest price reached 3170 RMB per ton, with small upward adjustments continuing.
The trend is driven by rising wastepaper prices. A-level Huang Banzhi wastepaper, which boasts over 95% purity and serves as the key raw material for corrugated paper, rose 15.07% between October 16 and November 16. This has amplified the upward cost pressure on corrugated paper supplies.