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February 2024 Pulp & Paper Prices in China

Pulp and Raw Paper Price Situation in Major Regional Markets for Household Paper, February 2024

According to research data from “Household Paper” magazine, the average prices of various pulp raw materials in February 2024, compared to January 2024, experienced minor fluctuations but remained relatively stable overall. In early and mid-February, pulp prices were generally stable. After the Spring Festival, the average price of imported wood pulp in Hebei increased, while the average prices of various pulps in Guangxi decreased.

the latest pulp and raw paper price trends in China's major markets for February 2024
the latest pulp and raw paper price trends in China’s major markets for February 2024

The specific changes in pulp prices in February 2024 are as follows:

  • The average price of bleached broadleaf wood pulp board (imported) in Hebei increased by ¥65/ton, reaching ¥5140/ton.
  • The average price of bleached coniferous wood pulp board (imported) in Hebei rose by ¥17/ton, to ¥5680/ton.
  • In Guangxi, the average price of bleached broadleaf wood pulp board (imported) decreased by ¥80/ton, to ¥5420/ton.
  • Additionally, the average price of locally bleached eucalyptus wet pulp (absolute dry) in Guangxi fell by ¥40/ton, to ¥5260/ton.

For non-wood pulp raw materials:

  • The average price of bleached bamboo pulp in Sichuan and Chongqing increased by ¥30/ton, to ¥5680/ton.
  • The average price of unbleached bamboo pulp in Sichuan and Chongqing was approximately ¥4625/ton, remaining unchanged from January 2024.
  • The average price of bleached bagasse wet pulp (absolute dry) in Guangxi decreased by ¥80, to ¥4470/ton. 

For detailed changes, see Table 1.

Table 1 Pulp prices in major regional markets for household paper from January 2024 to February 2024
 February 2024 January 2024 average price month-on-month growth /(yuan/t)
 Price range /(yuan/t) average price /(yuan/t) Price range /(yuan/t) average price /(yuan/t)
 Hebei bleached hardwood pulp board (import) 5100~53005140 5000~5100507565
 Hebei bleached softwood pulp board (import) 5650~58005680 5600~5750566317
 Guangxi bleached hardwood pulp board (import) 5300~5500542055005500-80
 Guangxi bleached eucalyptus wet pulp (Absolutely dry count) 5200~5300526053005300-40
 Sichuan and Chongqing Bleached Bamboo Pulp Board 5650~580056805650565030
 Sichuan and Chongqing original color bamboo pulp board46254625462546250
 Guangxi bleached bagasse wet pulp (Absolutely dry count) 4350-4550447045504550-80

wood pulp board sheets for tissue paper jumbo rolls making

In February 2024, except for a slight increase in the average price of bleached wood pulp raw paper in Hebei, the average prices of raw paper in other regions remained relatively stable. Specifically:

  • The average price of bleached wood pulp raw paper in Hebei was about ¥6700/ton, an increase of ¥50/ton.
  • The average price of bleached wood pulp raw paper in Guangxi was about ¥7050/ton, unchanged from January 2024.

For non-wood pulp raw paper:

  • The average price of bleached bamboo pulp raw paper in Sichuan and Chongqing was about ¥6775/ton.
  • The average price of unbleached bamboo pulp raw paper in Sichuan and Chongqing was about ¥6075/ton.
  • The average price of bleached bagasse pulp raw paper in Guangxi was about ¥6150/ton, remaining unchanged from January 2024. 

For detailed changes, see Table 2.

Table 2 Prices of raw paper in major regional markets for household paper from January 2024 to February 2024
 February 2024 January 2024 average price month-on-month growth /(yuan/t)
 Price range /(Yuan/) average price /(yuan/t) Price range (yuan/t) average price /(yuan/t)
 Hebei bleached wood pulp base paper67006700 6600~6700665050
 Guangxi bleached wood pulp base paper70507050705070500
 Sichuan and Chongqing bleached bamboo pulp base paper67756775677567750
 Sichuan and Chongqing original color bamboo pulp base paper60756075607560750
 Guangxi bleached bagasse pulp base paper61506150615061500

wood pulp boad machine

In conclusion, the pulp and raw paper market in February 2024 demonstrated a remarkable stability in prices across major regions in China, with only minor fluctuations observed. Hebei saw a slight increase in the price of bleached wood pulp raw paper, while Guangxi’s prices for various pulp types showed a downward trend. The consistency in pricing, despite regional variations, indicates a steady demand and a well-balanced supply chain in the household paper industry for that period. This stability is essential for manufacturers and consumers alike, as it allows for predictable planning and budgeting in the production and purchase of paper products.

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