Coated 2S Paper Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Coated 2S Paper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Coated 2S Paper Price Trend for the Q1 of 2024

Coated 2S paper, also known as double-sided coated paper, features a coating on both sides, enhancing its smoothness, brightness, and printability. This type of paper is widely used in various industrial applications such as high-quality printing, magazines, catalogs, brochures, posters, and packaging. Its superior printing surface allows for vibrant and detailed reproduction of images and text, making it ideal for industries where visual appeal is desired.

Coated 2S Paper Price Chart

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During Q1 of 2024, the Indian Paper Manufacturers Association proposed a significant increase in import duty to 25 percent on paper products to stabilize pricing patterns in the market. They emphasized India's WTO-bound rate of 40 percent for these products. Quality control orders and timely imposition of safeguard duties were advocated to ensure a level playing field for domestic manufacturers amidst rising imports, evident in the stagnant movement of paper products like coated 2S paper in Q1 2024.

In the U.S., the paper market faced constraints post-COVID, with sky-high prices and reduced manufacturing capabilities. Although pricing stabilized, it's unlikely to revert to pre-COVID levels due to tight raw material availability and planned capacity reductions in coated paper manufacturing. On the other hand, the international pulp price surges and disruptions in global trade routes, intensified by the Red Sea crisis, led to major players in the Indian paper market announcing price hikes for various grades, such as coated 2S paper and packaging products.

Analyst Insight

According to Procurement Resource, the price of Coated 2S Paper is expected to surge with the rise in import duties and escalating cost of pulp in the overseas and domestic markets. The improvement in industrial activities is also further estimated to favor the rise in the quoted prices of coated 2S paper.

Procurement Resource provides latest prices of Coated 2S Paper. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.