Cost pressures have increased, and paper companies have initiated the third round of price increases this year.

As of late July, many paper companies such as Nine Dragons Paper, Jiangxi Liwen Paper, and Hubei Rongcheng Paper have once again issued price increase notices, announcing that due to rising costs, the prices of corrugated paper, recycled kraft paper, etc. will be increased starting from August 1st. It is understood that since July of this year, Nine Dragons Paper and others have already initiated four price increases. Since the beginning of this year, paper companies have issued three rounds of price increase notices in March-April, May, and July.