Kraft Paper Price Trend and Forecast

Kraft Paper Regional Price Overview

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

Kraft Paper Price Trend for the Q1 of 2024

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In the first quarter of 2024, the European kraft paper market experienced noticeable price increases, driven by improved optimism among producers. The overseas markets also showed significant improvement despite challenges like the Finnish transport strikes and the Red Sea shipping crisis, which disrupted supplies and increased transport costs.
 

Kraft Paper Price Chart

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The past geopolitical challenges, such as the pandemic and the war in Ukraine, still affected the overall functioning of the market and caused a growing regionalization of the market, with European producers focusing more on local buyers.  However, there was a notable divergence in the sentiments of producers, who were generally optimistic, and buyers, who were more cautious.

The producers reported strong order books and anticipated further price increases, while buyers noted that securing paper was becoming more challenging, with longer lead times. However, overall, the demand remained bullish, and the market improvement appeared partly driven by destocking and preemptive ordering ahead of price hikes, suggesting a mixed but positive outlook for the kraft paper market in early 2024.

The Indian market also functioned similarly, with producers raising their price quotation from an average of 383 USD/MT to 401 USD/MT during the Q1 of 2024. The market was largely favored by growing domestic demand and slowly but steadily recovering market conditions. IPPTA, however, remained skeptical of the global disruption of demand and supply and the bleak interest of European players in the Indian kraft paper market.

Analyst Insight

According to Procurement Resource, the price of Kraft Paper is expected to continue its northward trajectory, although its pace might be altered by the growing global supply challenges.

Procurement Resource provides latest prices of Kraft 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.