2016-11-18

Breaking: Paper and Packaging Prices on the Rise

Since early November, many Chinese carton factories began to reject new orders or restrict orders. The situation has been ongoing till now, with factories in Jiangsu, Zhejiang and Shanghai areas responded the most. As many as 18 local large and medium-sized carton factories issued emergent notices of the rise in price on the single day of November 12. Paper suddenly became in short supply. Carton factories couldn’t buy base paper even with cash in hand, causing a chain reaction of the entire manufacture industry.
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