Cultural paper bottoms out and rebounds

The market price of cultural paper has bottomed out and is on the rise.

After some paper companies increased the ex-factory price of cultural paper products by 200 yuan/ton to 300 yuan/ton in early December, many paper companies have recently increased the paper prices in early 2025. The team of paper companies that are following the pace of leading paper companies and raising prices is still growing.

Data from Zhuochuang Information shows that as of December 26, the domestic average market price of 70g wood pulp double-coated paper was 5,357 yuan/ton, an increase of 4.42% from the same period in November; the average market price of 157g double-copper paper was 5,485 yuan/ton, an increase of 2.27% from the same period in November.

Regarding the overall supply and demand situation of the cultural paper market in 2025, Yin Ting, an analyst at Zhuochuang Information, believes that from the supply side, the disturbance from import volume is expected to be reduced, and the overall supply will shrink slightly, or provide periodic support to market prices; from the demand side, the support from export volume is expected to weaken, but the rigid demand attribute of domestic cultural paper is still there.

Galaxy Securities research report shows that after experiencing a short-term bottom rebound in recent times, the paper industry is expected to start a new upward cycle as domestic demand continues to improve.