Amendment to China coated ivory board assessment

After a 30-day consultation period, Fastmarkets has amended the price assessment for FP-CBB-0028 coated ivory board (commodity), 250 g, delivered East China, CNY/tonne, with effect from November 1 2024.

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/.

What to read next
The sharp rise in demand for lithium is outpacing the growth of an independent US supply chain, Ian Rodger, chief executive officer of lithium development company US Elemental, told Fastmarkets in an exclusive interview on Wednesday June 3.
Chinese zinc smelters expressed concerns of possible production cuts amid fierce competition for concentrates raw materials, as treatment charges (TCs) have dropped to historic lows at the end of May, though byproduct gains from sulfuric acid have still lent strong support to smelters’ margins, sources told Fastmarkets.
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe indices via an open consultation process between May 7 and June 8, 2026. This consultation was done as part of our published annual methodology review process.
The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]
The publication of Fastmarkets’ price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; for MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and for MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Monday June 8 owing to slow data processing.