On February 20, Nine Dragons Paper announced that 11 paper machines in Dongguan base would be shut down for maintenance for 3-16 days from February 19 to March 31. According to the projected capacity, this round stop is expected to reduce the total production of 98，100 tons of corrugated cardboard and white cardboard, including nearly 70，000 tons of corrugated cardboard.

The company's five kraft cardboard machines, five corrugated paper machines and one white cardboard machine will be shut down for 3-16 days in turn from February 19 to March 10.

Kraft linerboard machine: PM1 is shut down for 6 days from February 21, PM2 is shut down for 8 days from February 26, PM12 and PM13 are shut down from February 19 to February 28, and PM19 is shut down for 5 days from March 1 to March 5.

Corrugated paper machine: PM6 will be shut down for 10 days from March 1 in addition to 3 days from February 19 to February 21; PM7 will also be shut down for 3 days from February 19, but will be shut down for 5 days at the beginning of March; PM9 and PM10 will be shut down from February 21 for 3 days and 4 days respectively; PM18 was shut down for 7 days from February 23 to March 1.

White paperboard machine: PM3 will be shut down for 16 days from March 16 to March 31, which is the longest paper machine in Dongguan Nine Dragons Paper.

It is worth noting that some of the machines in this outage announcement are announced to be shut down again in less than one month after the end of the Spring Festival outage. The reason is probably not as simple as "alternate maintenance". In the expectation of the increase of domestic capacity supply and the continuous arrival of foreign zero-tariff imported paper in Hong Kong, domestic paper mills will face the dilemma of "supply and demand dilemma", and there is no obvious rebound trend in the short term.

Diminution of Price

At the same time of starting this round of shutdown and maintenance, Dongguan Nine Dragons announced that the price of Jiulong kraft and Hailong kraft would be reduced by 100 yuan/ton from February 20 (the price of Jiulong kraft 337/440g would remain unchanged); The price of Hailong High-quality kraft and Dilong kraft will be reduced by 150 yuan/ton; The price of recycled carton board will be reduced by 50 yuan/ton; The price of 45-110g corrugated paper remains unchanged, and the price of 115g (including) or more will be reduced by 50 yuan/ton.

In addition, other bases of Nine Dragons Paper announced that the price of some corrugated cardboard products will be adjusted from February 21:

Tianjin Nine Dragons Paper: the price of Jiulong kraft, Hailong kraft, Hailong kraft B and Baimian kraft will be reduced by 200 yuan/ton; The price of Dilong kraft, Jianglong kraft and Coated kraft will be reduced by 100 yuan/ton; The price of Hailong Recycled Paper, Dilong Recycled Paper, Hailong Corrugated Paper and Dilong Corrugated Paper will be reduced by 50 yuan/ton; The price of Jianglong Regenerated and Jianglong Corrugated Paper will be reduced by 30 yuan/ton; The price of Jianglong Regeneration C remains unchanged.

Shenyang Nine Dragons Paper: the price of kraft card decreased by 100 yuan/ton, and the price of recycled cardboard and corrugated paper decreased by 50 yuan/ton.

Taicang Nine Dragons Paper: the price of all corrugated paper will be reduced by 50 yuan/ton, and the price of Hailong high-quality kraft card will be reduced by 100 yuan/ton, while the price of other products will remain unchanged.

Several Paper Enterprises Increased by 50 yuan/ton

Before Dongguan Nine Dragons Paper Co., Ltd. announced that it would shut down in turn, several paper companies in East China issued a price increase notice, announcing that the price would increase by 50 yuan/ton from the original price from February 20. According to the survey, these paper enterprises are all whiteboard manufacturers, and the range of this price increase includes the preceding unfinished orders.

Wenzhou Hongqi Paper Co., Ltd.: From February 20, the price of finished paper will increase by 50 yuan/ton from the original supply price.

Yongjia Rixin Paper Co., Ltd.: From February 20, the single-sided coated white board will be raised by 50 yuan/ton on the basis of the original price.

Jiangsu Kaisheng Paper Industry Co., Ltd.: From February 20, the price of coated duplex board with grey back for Kaisheng No. 2 and No. 5 machines increased by 50 yuan/ton on the basis of the original price.

At present, there is a small increase or decrease in the price of packaging paper market, but the overall trend has not changed. Most people in the industry are cautious about the future price of paper.

In general, the price of various packaging paper categories such as corrugated paper, kraft paper, white board paper and white cardboard will continue to differentiate, among which the price of corrugated paper and kraft paper may be relatively difficult to rise, while the price of white board paper and white cardboard may be on the contrary. At the beginning of March, there may be a inflection point of price, and downstream packaging and printing enterprises can focus on it.