Price-Watch’s most active coverage of Folding Box Board Paper/ Ivory Board price assessment:
Asia-Pacific
- Folding Box Board Paper/ Ivory Board 170-350 GSM Uncoated Ex-East India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Back Uncoated HB GC 2 Ex -East India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Both Side Coated GC 1 Ex -East India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Both Side Coated GC 1 Ex -North India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Back Uncoated HB GC 2 Ex -North India, India
- Folding Box Board Paper/ Ivory Board 170-350 GSM Uncoated Ex-North India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Back Uncoated HB GC 2 Ex -South India, India
- Folding Box Board Paper/ Ivory Board 200- 400 GSM Both Side Coated GC 1 Ex -South India, India
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI FOB Shanghai, China
- Folding Box Board Paper/ Ivory Board 225- 360 GSM Back Uncoated HB GC 2 FOB Shanghai, China
- Folding Box Board Paper/ Ivory Board 200- 380 GSM Backside Uncoated GC 2 FOB Jakarta, Indonesia
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1 FOB Jakarta, Indonesia
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI CIF Haiphong (China), Vietnam
- Folding Box Board Paper/ Ivory Board 225- 360 GSM Back Uncoated HB GC 2 CIF Haiphong (China), Vietnam
North America
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1 CIF Houston (Indonesia), USA
- Folding Box Board Paper/ Ivory Board 200- 380 GSM Back Uncoated GC 2 CIF Houston (Indonesia), USA
Middle East
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1 CIF Mersin (Indonesia), Turkey
- Folding Box Board Paper/ Ivory Board 200- 380 GSM Back Uncoated GC 2 CIF Mersin (Indonesia), Turkey
East Africa
- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI CIF Mombasa (China), Kenya
- Folding Box Board Paper/ Ivory Board 225- 360 GSM Back Uncoated HB GC 2 CIF Mombasa (China), Kenya
Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.
Folding Box Board Paper/ Ivory Board Price Trend Q4 2025
In Q1 2026, the Folding Box Board Paper / Ivory Board prices have been maintaining a relatively stable trend and they have been declining by approximately 5% compared to the Q4,2025. The market has been witnessing fluctuations in key feedstock costs, particularly virgin wood pulp, recovered paper, and bleaching chemicals, which have been influencing production economics, while softening pulp prices and improved availability of recovered fiber have been easing cost pressures for manufacturers.
On the demand side, packaging consumption has been remaining moderate, as downstream sectors such as food packaging, cosmetics, and consumer goods have been maintaining steady but cautious procurement. Meanwhile, supply conditions have been remaining adequate due to stable operating rates across major mills, ensuring sufficient product availability in the market.
Production levels have been continuing at balanced rates, while consumption has been growing slowly without significant spikes. Overall, the market has been reflecting a slightly weaker trend due to sufficient supply and controlled demand conditions.
India: Folding Box Board Paper/ Ivory Board Domestically Traded Price Ex-North India, India; Grade- Folding Box Board Paper/ Ivory Board 200- 400 GSM Both Side Coated GC 1
In Q1 2026, Folding Box Board Paper / Ivory Board price trend in India on Ex-North India basis have been rising modestly. Manufacturers report that average prices are about 1% higher than Q4 2025 levels.
This lift has been driven by sustained demand from FMCG, pharmaceutical and gift packaging segments, even as domestic supply has remained ample. Upstream feedstock markets have been fairly stable: wastepaper costs have only inched up slightly, while global pulp costs remain firm (European board prices have risen on high pulp and energy costs).
Mills have been running at high utilization, and producers have continued to apply price increases announced in mid-2025 to support margins. Production has been matching consumption closely, with mills carrying moderate inventories to buffer demand swings.
In March 2026, Folding Box Board Paper / Ivory Board prices in India have been around 3% higher than in February 2026, reflecting continued strong demand and the impact of higher pulp and energy costs.
Overall, in Q1 2026, the Folding Box Board Paper / Ivory Board market has been reflecting a stable to slightly firm environment, supported by consistent downstream demand, balanced production and consumption dynamics.
China: Folding Box Board Paper/ Ivory Board Export Price FOB Shanghai, China; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI
In Q1 2026, Folding Box Board Paper / Ivory Board price trend has been easing from late-2025 levels, averaging around 2% below the Q4 baseline. Many mills cut output for the Spring Festival and drew down inventories, which kept downstream demand soft in February.
Feedstock costs have been loosening: domestic wastepaper prices fell roughly 2% in Feb, easing mill input costs. Since the holiday, producers have been ramping up output and issuing price-increase notices for early March.
Demand from domestic converters and export markets has been picking up as operations normalized. Export shipments to Southeast Asia and the Middle East have been rising, supporting mill production. By early March, operations had largely returned to normal and converters were restocking inventories.
In March 2026, Folding Box Board Paper / Ivory Board prices in China have been around 2% higher than in February 2026, reflecting renewed demand and producers beginning to pass along cost increases.
Overall, in Q1 2026, the Folding Box Board Paper / Ivory Board market has been reflecting a soft-to-recovering trend, with early-quarter demand weakness due to seasonal shutdowns followed by improving consumption, rising production levels, and stronger trade activity, while easing feedstock costs and ample supply have been limiting sharper price gains.
Indonesia: Folding Box Board Paper/ Ivory Board Export Price FOB Jakarta, Indonesia; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1
In Q1 2026, Folding Box Board Paper / Ivory Board price trend in Indonesia has been declining, about 5% below Q4. Indonesia’s large, integrated pulp and paper capacity has been keeping supply high. Mills have been operating at high rates, so production has been plentiful. Upstream feedstock (locally-produced hardwood kraft pulp) has been abundantly available and relatively low-cost.
Domestic consumer demand (driven by cosmetics, pharmaceuticals and food packaging) has been growing, but heavy supply and aggressive export sales have kept prices under downward pressure. Global pulp price fluctuations have been affecting costs, but Indonesia’s ample domestic pulp production has helped cushion the impact.
As a result, Q1 prices eased modestly. In March 2026, Folding Box Board Paper/Ivory Board prices in Indonesia have been around 4% higher than in February 2026, reflecting seasonal demand pick-up and modest increases in energy and pulp costs.
Overall, in Q1 2026, the Folding Box Board Paper / Ivory Board market has been reflecting a weak-to-stable trend, with high production and ample pulp supply, while improving demand and exports have not fully offset oversupply, keeping prices under pressure despite late-quarter recovery.
Turkey: Folding Box Board Paper/ Ivory Board Imported Price CIF Mersin, Turkey from Indonesia; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1
In Q1 2026, Folding Box Board Paper / Ivory Board price trend in Turkey has been gently increasing, roughly 1% above Q4 2025 levels. Domestic demand for cosmetics, electronics, and pharmaceutical packaging has been steady, and producers have been supplying both local and regional markets.
Turkey’s mills have been sourcing pulp from a combination of domestic recovered fiber and imported bleached kraft, so input costs have been influenced by global pulp and energy prices. In early 2026, these upstream costs have been rising – for example, higher fuel and electricity tariffs have been adding to mills’ expenses. Producers have kept production running at high utilization with balanced inventories.
Export shipments to neighboring regions have been steady, helping absorb domestic output. In March 2026, Folding Box Board Paper / Ivory Board prices in Turkey have been around 4% higher than in February 2026, reflecting sustained demand for premium packaging and producers passing through higher pulp and energy costs.
Overall, in Q1 2026, the Folding Box Board Paper / Ivory Board market has been reflecting a stable-to-firm trend, supported by steady domestic demand, balanced production levels, and consistent export activity, while rising pulp and energy costs have been driving gradual price increases toward the end of the quarter.
Kenya: Folding Box Board Paper/ Ivory Board Imported Price CIF Mombasa, Kenya from China; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI
In Q1 2026, Folding Box Board Paper / Ivory Board price trend has been edging upward, around 1% above Q4 levels. Kenya’s packaging demand has been growing modestly as retail and consumer goods sectors expand. Upstream costs have been fairly contained: globally there has been ample pulp supply, which has helped keep fiber prices low for import-dependent mills.
Domestic output is limited, so imports have been important. Mills have been operating to meet local orders, drawing on imported pulp and wastepaper as needed. Industry reports noted that packaging raw material prices were broadly stable given moderate demand and ample supply.
Overall, demand and supply have been in balance with only mild price movement. In March 2026, Folding Box Board Paper / Ivory Board prices in Kenya have been around 4% higher than in February 2026, reflecting improved seasonal demand and the first signs of cost pressure as global fiber markets tighten.
Overall, in Q1 2026, the Folding Box Board Paper / Ivory Board market has been reflecting a stable environment, supported by balanced demand and supply, steady import dependence, and contained feedstock costs, while improving seasonal demand and slight cost pressures have been driving modest price gains toward the end of the quarter.
USA: Folding Box Board Paper/ Ivory Board Imported Price CIF Houston, USA from Indonesia; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1
The price trend for Folding Box Board Paper / Ivory Board on a CIF Houston, USA basis from Indonesia have been softening through the first quarter of 2026, averaging approximately 3% lower than levels experienced during the fourth quarter of 2025. The Indonesian mills have been operating at stable levels with adequate availability of key feed stocks (i.e., hardwood pulp, softwood pulp, and recovered fiber) to continue to be able to supply exports on a consistent basis.
The demand for these products within the packaging sector in the USA has been stable, particularly from the food, personal care, and consumer goods segments; however, there has not been any significant seasonal spike in demand. The export volume from Indonesia to the USA has been continuing at a healthy pace, supported by competitive pricing and stable freight conditions as well.
However, there has been an abundance of inventories at the destination ports, which has been limiting upward price momentum. Towards the end of the reporting period, an increasing number of converters have begun to restocking, which has generated some delayed buying interest.
Folding Box Board Paper / Ivory Board prices in the USA in March 2026, have approximately 3% higher than in February 2026, due to increasing pulp prices and better purchasing activity. In general, this has supported a balanced-to-soft market trend for the overall market and has provided product supporting from cost pressure towards the end of the quarter.
Vietnam: Folding Box Board Paper/ Ivory Board Imported Price CIF Haiphong, Vietnam from China; Grade- Folding Box Board Paper/ Ivory Board 210- 350 GSM Both Side Coated GC 1/CI
In Q1 2026, Folding Box Board Paper / Ivory Board price trend on a CIF Haiphong, Vietnam basis from China have been moderately lower, averaging around 2% below Q4 2025 levels. Chinese suppliers have been maintaining stable export volumes, supported by consistent production levels and adequate availability of key feedstocks such as hardwood pulp, softwood pulp, and recovered paper.
Vietnam’s packaging sector has been continuing to expand, driven by growth in e-commerce, electronics, and consumer goods manufacturing, which has been sustaining import demand. However, sufficient supply from Chinese mills along with competitive export offers has been limiting upward price movements.
Importers have been following cautious procurement strategies, ensuring balanced inventory levels amid stable downstream consumption. Meanwhile, fluctuations in pulp costs and logistics conditions have been influencing pricing trends but have not caused significant volatility.
In March 2026, Folding Box Board Paper / Ivory Board prices in Vietnam have been around 2% higher than February 2026, supported by improved buying activity and slight increases in pulp costs. Overall, the market has been reflecting a stable-to-slightly weak trend with gradual recovery toward the quarter’s end.





