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With Fastmarkets’ sister company UM Paper set to discontinue the price assessment for the coated ivory board product produced by Shandong Bohui Paper Industry in response to the changes in the Chinese market, we proposed to exclude it from the calculation of the price for the product. The exclusion may affect the price assessment in the first month, but it will make the assessment an improved reflection of the dynamic boxboard market in China going forward.
The specifications of the affected price are as follows:
FP-CBB-0028 Coated ivory board (commodity), 250 g, delivered East China
Quantity: 200 tonnes
Location: East China (including Jiangsu, Zhejiang, Shanghai and Guangdong)
Timing: Orders taken in the month to date for shipment in the current month or the following month.
Unit: CNY/Tonne
Payment terms: Assume normal and customary payment terms. Tax included
Publication: Monthly, in the last week of the month or first week of the following month, 2pm Singapore time
Notes: Domestic grades. Prices reflect sales of the most common brands and do not reflect prices of lower-quality, smaller-volume brands.
This price is part of the Fastmarkets Asia – Packaging Paper and Board package.
The consultation period for this proposed amendment started from September 13, 2024, and ended on October 14, 2024. No negative feedback was received. The amendment will take place on November 1, 2024, as scheduled.
To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Shawn Wang by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Shawn Wang, re: China Coated ivory board.”
Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
You can find the current methodology for Asia – Packaging Paper and Board here https://www.fastmarkets.com/methodology/forest-products/asia-packaging-paper-and-board/.
For all Fastmarkets pricing methodology, please go to https://www.fastmarkets.com/methodology/forest-products/.