Starting from January 26th, Dezhou Taiding New Material Technology Co., Ltd. will increase the price of high-strength corrugated paper by 30 RMB/ton on the basis of the original price.
Dezhou Taiding New Material Technology Co., Ltd. announced an increase in the price of high-strength corrugated paper by 30 RMB/ton starting from January 26th. This indicates that the supply side has increased confidence in the market, which may be due to rising raw material costs or strong downstream demand. This price adjustment will directly drive up the spot market price of corrugated paper, which is favorable for the spot market. As companies actively raise prices usually reflect tight supply and demand in the industry, it may drive other manufacturers to follow suit and adjust prices, thereby boosting overall market sentiment.
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