Mountain Eagle International Confirms: Corrugated Paper Prices have been Raised

On July 4th, there was news in the market that several papermaking companies announced an increase in the prices of corrugated paper products, which attracted market attention. In response to this news, a journalist called Shanye International, and a staff member of the securities department of Shanye International confirmed that the prices of corrugated paper in Zhejiang, Anhui, Central China, Guangdong, Fujian, Jilin and other bases have been uniformly raised by 30 yuan/ton. He said that this information is true and they had already sent letters to their partners. He also mentioned that the prices of corrugated paper products were previously at the bottom range, and with increased downstream demand, a price increase of 30 yuan/ton is within the normal range for the industry.