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Oil And Grease Paper Price Trend and Forecast

⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

oil and grease paper Price Trends by Country

saSaudi Arabia
usUnited States
gbUnited Kingdom
myMalaysia
inIndia
idIndonesia

Global oil and grease paper Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Oil and Grease Paper across top trading regions:

Oil and Grease Paper Regional Coverage Oil and Grease Paper Grade and Country Coverage Oil and Grease Paper Pricing Data Coverage Explanation
Asia Oil and Grease Paper Pricing Analysis Oil and Grease Paper 40-50 GSM KIT-7 (White) Ex-Mumbai,
West India Domestic Prices		 Weekly Price Update on Oil and Grease Paper Real-Time Domestic Prices
in Mumbai, West India
Oil and Grease Paper 40-50 GSM KIT-7 (White) Ex-Kolkata,
East India Domestic Prices		 Weekly Price Update on Oil and Grease Paper Real-Time Domestic Prices
in Kolkata, East India
Oil and Grease Paper 40-50 GSM KIT-7 (White) Ex-North India
Domestic Prices		 Weekly Price Update on Oil and Grease Paper Real-Time Domestic Prices
in North India
Oil and Grease Paper 40-50 GSM KIT-7 (White) FOB Prices at
Nhava Sheva Port, West India, India		 Weekly Price Update on Oil and Grease Paper Real-Time Export Prices
from Nhava Sheva Port, West India, India to Global Markets
Oil and Grease Paper 40-50 GSM KIT-7 (White) FOB Prices at
Jakarta Port, Indonesia		 Weekly Price Update on Oil and Grease Paper Real-Time Export Prices
from Jakarta Port, Indonesia to Global Markets
Oil and Grease Paper 40-50 GSM KIT-7 (White) CIF Prices at
Kelang Port, Malaysia (Importing from India)		 Weekly Price Update on Oil and Grease Paper Real-Time Import Prices
at Kelang Port, Malaysia from India
Europe Oil and Grease Paper Pricing Analysis Oil and Grease Paper 40-50 GSM KIT-7 (White) CIF Prices at
Southampton Port, United Kingdom (Importing from India)		 Weekly Price Update on Oil and Grease Paper Real-Time Import Prices
at Southampton Port, United Kingdom from India
North America Oil and Grease Paper Pricing Analysis Oil and Grease Paper 40-50 GSM KIT-7 (White) CIF Prices at
Houston Port, USA (Importing from India)		 Weekly Price Update on Oil and Grease Paper Real-Time Import Prices
at Houston Port, USA from India
Middle East & Africa Oil and Grease Paper
Pricing Analysis		 Oil and Grease Paper 40-50 GSM KIT-7 (White) CIF Prices at
Jeddah Port, Saudi Arabia (Importing from India)		 Weekly Price Update on Oil and Grease Paper Real-Time Import Prices
at Jeddah Port, Saudi Arabia from India

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.

Oil and Grease Paper Price Trend Q1 2026

The global Oil and Grease Paper sector experienced a modest increase during Q1 2026, with an estimated 1.4% growth on the previous quarter (Q4 2025), indicating ongoing improvements in the sector.

Demand for Oil and Grease Paper products from the end-users in food packaging, the bakery industry, and fast-moving consumer goods (FMCG) industries all began to recover from the slowdown during the last quarter of 2025; however, buyers continued to exercise caution regarding purchasing decisions while restocking on a selective basis.

Global supply chains have been severely disrupted due to ongoing challenges in West Asia, resulting in volatility in freight rates, delay of shipments, and increased logistics costs. Increased fuel costs and rising insurance rates have placed even further upward pressure on transportation-related expenses and impacted overall supply-side dynamics.

The price of feedstocks such as pulp and recovered paper has been increasing due partly to limited supply and fluctuating exchange rates, creating squeezing on producer margins. Mills have continued with moderate changes to operating rates to be in alignment with the recovering demand in the marketplace. Overall, the Oil and Grease Paper sector will continue to be influenced by both demand recovery as well as increasing pressure from cost-related factors.

Indonesia: Oil and Grease Paper export Prices FOB Jakarta, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Indonesia, the Oil and Grease Paper price trend in Q1 2026 saw a slight increase of about 0.8% over that of Q4 2025 due to progressively improving market conditions. The trend for prices of Oil and Grease Paper remained cautiously robust with continued improvements in demand from Packaging, Food Wrapping and Industry following the end-of-year slowdown.

Continuation of measured buying programs has been seen from customers, however, steady replenishment activity resulted in continued order flows through both Domestic and Export markets. There has been stable demand for Exports from Southeast Asia and other geographic markets, while Marginally Firm Pulp Prices supported limited cost efficiency for the manufacturer.

To bring their output ratios into balance with increasing consumption patterns, Mills conducted moderate adjustments in operating rates. Oil and Grease Paper prices in Indonesia increased approximately 2% Month-to-Month in March 2026 based on continued increase in buying momentum and short-term replenishment activity.

India: Oil and Grease Paper Domestically Traded Prices Ex-Kolkata, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Q1 2026, Oil and Grease Paper price trend in the Ex-Kolkata, India market witnessed a slight upward movement, increasing by around 1.4% compared with Q4 2025. Throughout the quarter, market conditions improved gradually as downstream demand from food packaging, bakery, and FMCG sectors showed early recovery after the year-end slowdown.

Converters maintained cautious procurement, but increased restocking activity supported steady order inflows across the domestic market. Mills adjusted operating rates moderately in response to improving consumption trends, helping balance supply and reduce excess inventories.

Upstream pulp and chemical prices showed mild firmness, providing limited cost support to producers. Domestic supply remained adequate, though better absorption supported price stability.

On a month-on-month basis, Oil and Grease Paper prices in Indonesia have increased by around 3% in March 2026 compared with February, driven by short-term restocking and improved buying momentum. Overall, the Ex-Kolkata market reflected a cautiously firm sentiment supported by gradual demand recovery, controlled supply conditions, and improving downstream consumption trends.

Malaysia: Oil and Grease Paper Imported Prices CIF Kelang, Malaysia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q1 2026, Oil and Grease Paper price trend in Malaysia witnessed a slight downward movement, declining by around 0.9% compared with Q4 2025. Throughout the quarter, market conditions remained cautious as downstream demand from bakery, food packaging, and FMCG sectors stayed subdued after the year-end consumption period.

Buyers maintained restrained procurement due to sufficient inventories and limited visibility on near-term demand recovery. Import competition from regional suppliers such as India and Indonesia remained strong, driving competitive pricing across the market.

Upstream pulp and chemical feedstock costs showed mild softness, offering limited support to producers. Mills in exporting countries adjusted operating rates moderately to manage inventories and prevent oversupply, ensuring balanced supply conditions.

Freight and logistics conditions remained stable during the quarter. On a month-on-month basis, Oil and Grease Paper prices in Malaysia have increased by around 2% in March 2026 compared with February, supported by short-term restocking and slight improvement in buying interest. Overall, the Malaysian market reflected a mildly soft tone with balanced supply and cautious downstream demand conditions.

United Kingdom: Oil and Grease Paper Imported Prices CIF Southampton, UK from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q1 2026, Oil and Grease Paper price trend in the United Kingdom witnessed a firm upward movement, increasing by around 4% compared with Q4 2025. The rise was supported by steady demand from bakery packaging, takeaway food wrapping, and FMCG applications, driven by consistent consumption across food service and retail channels.

Market sentiment strengthened as geopolitical disruptions and related cost uncertainties affected global paper trade flows, leading to tighter supply expectations. Importers and converters gradually increased procurement after earlier cautious buying, supporting improved restocking activity.

Indian exporters maintained stable production levels, while upstream pulp costs remained relatively balanced, providing moderate cost support without significant volatility.

On a month-on-month basis, Oil and Grease Paper prices in the UK have increased by around 2% in March 2026 compared with February, reflecting stronger short-term buying interest. Overall, the market reflected a firm and improving trend supported by steady demand, cautious supply conditions, and geopolitical cost pressures.

USA: Oil and Grease Paper Imported Prices CIF Houston, USA from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q1 2026, Oil and Grease Paper price trend in the United States witnessed a mild downward movement, declining by around 2% compared with Q4 2025. Throughout the quarter, pricing remained under pressure as packaging converters and distributors continued conservative procurement strategies due to sufficient inventory levels carried over from previous months.

Demand from downstream sectors such as bakery packaging, fast-food wrapping, and takeaway applications remained moderate, but purchasing volumes stayed limited as buyers prioritized inventory optimization over new import commitments.

Indian exporters maintained stable production levels, supported by balanced pulp availability and relatively steady energy costs, enabling competitive pricing in the export market. Supply availability remained adequate, contributing to continued price softness.

On a month-on-month basis, Oil and Grease Paper prices in the US have increased by around 1% in March 2026 compared with February driven by short-term restocking activity and slight improvement in order flow. Overall, the market reflected a cautious and slightly soft environment, supported by adequate supply, controlled inventories, and moderate downstream demand.

Saudi Arabia: Oil and Grease Paper Imported Prices CIF Jeddah, Saudi Arabia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

Oil and Grease Paper prices in Saudi Arabia have decreased slightly by approximately 0.80% in Q1 2026 from Q4 2025; this slight decrease is reflective of a cautiously soft market. The Oil and Grease paper price trend in Saudi Arabia have remained in fairly stable ranges as distributors and packaging companies have maintained prudently conservative procurement methods and exercised caution in their inventory levels.

Demand from end users such as takeaway food packaging, bakery liners, and grease-resistant wrapping materials remained reasonably steady; with many of these users being tied to continued activity taking place within the hospitality and food service industry. Buyers primarily utilized staggered purchasing activity instead of expediting bulk volumes or procuring greater volumes, thus limiting stronger import momentum.

Overall supply availability continued to be stable with Indian suppliers providing stable quantities and steady rates for pulp material. Prices of Oil and Grease Paper in Saudi Arabia increased by approximately 2.0% in March 2026, month-on-month, due to short-term restocking as well as a slight improvement in buying interest and activity levels.

Oil and Grease Paper Price Trend Analysis: Q4 2025

In Q4 2025, the Oil and Grease Paper market has been continuing to decline by 4.0% from Q3 2025, as downstream demand has remained weak and inventories have stayed elevated. Manufacturers and exporters have been offering competitive pricing and flexible terms to encourage orders, while buyers have been postponing procurement in anticipation of further price moderation.

Freight and energy costs have been stabilizing but have not contributed to price support. Operating rates across plants have been being adjusted carefully to manage excess supply. Overall, market sentiment has been remaining bearish to neutral, influenced by subdued demand, year-end slowdowns, and cautious procurement strategies.

The Oil and Grease Paper market has been consolidating, with a flattening price chart and steady price index, reflecting market balance at lower price levels and structured inventory management by suppliers and buyers.

Indonesia: Oil and Grease Paper export Prices FOB Jakarta, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Q4 2025, Oil and Grease Paper prices has been declining sharply by 6.1% compared to Q3 2025, with prices averaging between 1300-1355 USD Per metric ton. Festive and year-end demand from domestic and export buyers has been remaining muted amid economic uncertainties and cautious spending.

Downstream industries have been maintaining restrained procurement due to ample inventories and limited visibility on consumption trends during the holiday period. Export competition among Southeast Asian producers, including Indonesia, Malaysia, and Thailand, has been intensifying, leading to aggressive pricing strategies to capture market share.

Upstream pulp prices have been softening, reducing cost support and encouraging mills to lower prices. Indonesian mills have been cutting operating rates to manage inventory levels and avoid stock overhangs. On month on month basis, price have been increasing by 2% in December compared to November 2025.

Currency movements have had a minimal effect on export realizations. Overall, Q4 2025 has been reflecting a bearish market sentiment, characterized by oversupply, muted downstream demand, and intense export competition, leading to sustained downward pressure on prices.

India: Oil and Grease Paper Domestically Traded Prices Ex-Kolkata, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Q4 2025, Oil and Grease Paper prices in the Ex-Kolkata market have been marking a 3.5% drop from Q3 2025. The prices have been observing continued weakness in downstream demand from food packaging, bakery, and FMCG sectors, as converters have been maintaining cautious purchasing due to adequate inventories and limited visibility on end-user consumption during the year-end period.

Mills have been moderating operating rates to manage stock levels efficiently, while upstream pulp and chemical prices have been softening further, reducing cost support for producers. On a month-on-month basis, December has been showing stable trend compared to November 2025.

Overall, the Ex-Kolkata market has been reflecting a cautious, demand-driven environment with ample domestic supply, restrained downstream procurement, and stable logistics, contributing to a sustained bearish sentiment and quarter-on-quarter price moderation.

Malaysia: Oil and Grease Paper Imported Prices CIF Kelang, Malaysia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

According to Price-Watch™, in Q4 2025, Oil and Grease Paper prices have been averaging between USD 1310-1340 per metric ton, marking a 5.5% drop from Q3 2025, as year-end demand from bakery, food packaging, and FMCG sectors has been remaining subdued.

Malaysian converters have been maintaining restrained procurement due to ample inventories from previous quarters and limited visibility on festive season consumption. Export competition from regional suppliers, particularly India and Indonesia, has been intensifying, pushing mills to adopt aggressive pricing strategies.

Upstream pulp and chemical feedstock costs have been softening, reducing cost support for producers. Mills in exporting countries have been lowering operating rates slightly to manage inventories and prevent oversupply. Freight and logistics conditions have been stable, with month-on-month declines 1% in December 2025 compared to November 2025, contributing to the quarterly price drop.

Overall, Q4 2025 has been reflecting a cautious and bearish market sentiment, with limited downstream demand, competitive export pricing, and stable logistics, while Malaysian buyers have been absorbing supply carefully and the market has been continuing a downward adjustment following the sharp corrections of Q3 2025.

United Kingdom: Oil and Grease Paper Imported Prices CIF Southampton, UK from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q4 2025, Oil and Grease Paper prices have been averaging between USD 1415-1585 per metric ton, registering a 1% increase compared to Q3 2025. The modest recovery has been supported by steady demand from bakery packaging, takeaway food wrapping, and FMCG applications during the year-end festive consumption period across the UK.

Importers and converters have been gradually re-entering the market after cautious purchasing in the previous quarter, prompting slight restocking activity. Indian exporters have been maintaining stable production levels while upstream pulp costs have been relatively balanced, preventing aggressive price competition.

Shipping availability on the India–Europe route has been stable, although minor freight adjustments have slightly influenced CIF offers. On month on month basis, prices have been firming by 1% in December compared to November 2025.

Overall, the market has been reflecting a more balanced supply-demand dynamic compared to the previous quarter, with steady food packaging demand and stable logistics conditions enabling a mild price recovery while overall market sentiment has remained cautious.

USA: Oil and Grease Paper Imported Prices CIF Houston, USA from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q4 2025, Oil and Grease Paper prices have been averaging around USD 1395–1440 per metric ton, registering a decline of 8% compared to Q3 2025. Pricing has been continuing to soften as U.S. packaging converters and distributors have been maintaining conservative procurement patterns due to sufficient stock levels accumulated during earlier months.

Demand from downstream sectors such as bakery packaging, fast-food wrapping, and takeaway food service applications has been continuing at a moderate pace but purchasing volumes have been limited as buyers have been prioritizing inventory management over fresh import commitments.

From the upstream perspective, Indian manufacturers have been maintaining stable production activity supported by balanced pulp supply and relatively steady energy costs, allowing exporters to offer competitive prices in the international market.

Seasonally, although the approach of year-end food consumption has been supporting packaging demand, it has not been strong enough to reverse the declining pricing trend. On a month-on-month basis, December prices have been slipping by around 1% compared to November 2025, reflecting slow procurement activity and continued competitive offers from exporters.

Overall, the market has been continuing to experience oversupply conditions, stable upstream costs, and cautious downstream demand, leading to another quarter of price correction in the U.S. import market.

Saudi Arabia: Oil and Grease Paper Imported Prices CIF Jeddah, Saudi Arabia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q4 2025, Oil and Grease Paper prices have been averaging between USD 1335-1365 per metric ton, representing a 5% decrease compared with Q3 2025. The market has been continuing to experience a gradual price correction as Saudi distributors and packaging companies have been sourcing material cautiously while monitoring existing stock levels.

Downstream demand linked to takeaway food packaging, bakery sheet liners, and grease-resistant wrapping for fried food products has been remaining steady due to the country’s active hospitality and food retail sector. However, this steady consumption has not been translating into strong import momentum because procurement cycles have been spaced out to manage inventories efficiently.

From the supply perspective, Indian manufacturers have been sustaining export availability supported by consistent pulp supply and controlled production costs, allowing suppliers to maintain competitive pricing for Middle Eastern buyers.

Over the course of the quarter, prices have been drifting downward on a monthly basis, with December levels falling by 1% compared with November 2025 amid slow booking activity. Overall, ample supply from exporting regions and disciplined purchasing behaviour in Saudi Arabia have been keeping market sentiment soft, resulting in another quarter of declining CIF Jeddah prices.

In Q3 2025, the Oil and Grease Paper market has been dropping sharply by 8.5% from Q2 2025, as summer seasonality and weak downstream demand from bakery, fast-food, and FMCG packaging sectors have been persisting. Manufacturers have been adjusting operating rates to avoid inventory buildup amid soft consumption. Export activity has been subdued, with regional buyers hesitating due to ample supply and competitive pricing. Raw material costs, including pulp and energy, have been relatively stable, providing minimal upward support. Overall, market sentiment has been leaning bearish, pressured by abundant supply, narrowing margins, and muted trading activity. The Oil and Grease Paper market has been maintaining a quiet tone, reflecting restrained buying interest and an oversupplied environment, while stakeholders have been exercising caution in procurement and inventory planning.

Indonesia: Oil and Grease Paper export Prices FOB Jakarta, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices have been stable compared to Q2 2025, as downstream demand from food packaging, bakery, and FMCG sectors in Indonesia and regional export markets has been cautiously recovering despite typical seasonal slowdowns. Buyers have been gradually increasing procurement following inventory corrections in the previous quarter, while manufacturers have been maintaining moderate operating rates to align supply with this steady but subdued demand. Upstream feedstock and pulp prices have been holding relatively steady, providing stable cost conditions for mills. Export competition across Southeast Asia has been intense but manageable, with buyers responding to stable pricing and improving logistics. On month on month basis, prices have been declining by 3% in September 2025 compared to August 2025. Currency fluctuations have been exerting minimal impact on export profitability. Overall, Q3 2025 has been reflecting a market that has been balancing cautiously, with stable pricing, measured buyer interest, and consistent upstream costs sustaining a near-flat price environment.

India: Oil and Grease Paper Domestically Traded Prices Ex-Kolkata, India; Grade- Oil and Grease Paper 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices in the domestic Ex-Kolkata market have been declining sharply, with 8.0% drop compared to Q2 2025. The prices have been experiencing subdued demand from downstream sectors such as bakery, FMCG, and fast-food packaging, as converters have been maintaining lean inventories and postponing restocking amid seasonal slowdowns and cautious consumption. Mills in eastern India have been adjusting operating rates downward to manage excess inventory while maintaining production continuity. Upstream pulp and chemical feedstock prices have been softening slightly, reducing cost support for domestic producers. On a month-on-month basis, while September has been observing a sharper downward adjustment of 6% compared to August 2025, as end-user demand has continued to lag expectations. Overall, the Ex-Kolkata domestic market has been reflecting a pronounced demand-led correction, with restrained downstream procurement, stable logistics, and sufficient supply contributing to notable quarter-on-quarter softening.

Malaysia: Oil and Grease Paper Imported Prices CIF Kelang, Malaysia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices have been declining sharply to an averaging between USD 1325-1350 per metric ton, marking a 9.9% drop from Q2 2025, which had averaged USD 1,550 per metric ton. The market has been experiencing weak downstream demand from bakery, food packaging, and FMCG sectors, as Malaysian converters have been maintaining lean inventories amid seasonal slowdowns and cautious procurement strategies. Upstream feedstock, including pulp and chemical additives, has been remaining relatively stable, providing minimal cost support for mills, while Indian and Indonesian exporters have been maintaining moderate production levels to meet regional demand. Freight and logistics conditions have been stabilizing, though slight delays in shipping from India and Indonesia have been influencing supply timing. On a month-on-month basis, prices have been softening steadily, September further dropping 6% from August 2025. Overall, Q3 2025 has been reflecting a bearish market environment, characterized by oversupply, muted downstream demand, competitive export pressures, and cautious procurement strategies, with the Malaysian market absorbing significant quarter-on-quarter corrections while logistics and delivery conditions have been remaining predictable.

United Kingdom: Oil and Grease Paper Imported Prices CIF Southampton, UK from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices have been averaging around USD 1435-1540 per metric ton, marking a sharp decline by 8% compared to Q2 2025. Pricing has been weakening as UK converters in the food packaging, bakery wrap, and quick-service restaurant sectors have been maintaining cautious procurement strategies following adequate stock accumulation earlier in the year. Demand from grease-resistant food packaging applications has been stable but not strong enough to absorb the steady inflow of imports from India. Indian mills have been continuing regular export shipments supported by stable operating rates and moderate pulp cost movements, contributing to comfortable supply levels in the UK market. Freight conditions between India and the UK have been relatively stable, while competitive offers from other Asian suppliers have been exerting additional downward pressure on CIF quotations. On a month-on-month basis, prices have been gradually softening in September easing by 7% compared to August 2025. Overall, the market has been reflecting an oversupplied environment with cautious downstream demand and competitive import pricing, resulting in a significant quarter-on-quarter correction despite stable consumption from food packaging applications.

USA: Oil and Grease Paper Imported Prices CIF Houston, USA from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices have been averaging between USD 1445–1600 per metric ton, marking a notable decline of 8.8% compared to Q2 2025. Pricing has been weakening as U.S. converters in the food packaging, bakery wrap, and quick-service restaurant sectors have been maintaining cautious procurement strategies following sufficient inventory accumulation during the previous quarter. Demand from grease-resistant food packaging applications, including bakery liners, takeaway wraps, and fast-food packaging, has been remaining stable but has not been strong enough to absorb the consistent inflow of imports from India. Indian mills have been continuing steady export shipments supported by stable operating rates and balanced feedstock availability, particularly wood pulp and recycled fiber, which has been keeping production costs relatively controlled. On a month-on-month basis, prices have been gradually softening, with September prices easing by 8% compared to August 2025 as buyers have been delaying purchases amid comfortable inventories. Overall, the market has been reflecting an oversupplied environment with cautious downstream demand and competitive import pricing, resulting in a sharp quarter-on-quarter correction despite stable consumption from food packaging applications.

Saudi Arabia: Oil and Grease Paper Imported Prices CIF Jeddah, Saudi Arabia from India; Grade- Oil and Grease Paper White 40-50 GSM KIT-7 (White)

In Q3 2025, Oil and Grease Paper prices have been averaging close to USD 1350-1470 per metric ton, reflecting a pronounced 10.5% decline compared with Q2 2025. The price drop has been occurring as Saudi Arabian buyers across the foodservice packaging and bakery supply chains have been moderating their import volumes after building inventories earlier in the year. Demand from grease-resistant wrapping and baking applications has been remaining consistent, particularly from quick-service restaurants, institutional catering, and bakery product packaging; however, purchasing activity has been measured rather than aggressive. On the supply side, Indian exporters have been maintaining a stable flow of shipments into the Middle East as mills have been operating at steady utilization levels supported by manageable pulp and fiber costs. This steady export availability has been increasing competitive pressure among suppliers targeting Gulf markets. Logistics between western Indian ports and Jeddah have been functioning without major disruptions, allowing cargo movement to remain smooth and predictable. Throughout the quarter, pricing momentum has been trending downward, with September values dropping by roughly 6% from August 2025 as importers have been delaying large-volume purchases. Overall, market conditions have been characterized by sufficient product availability and restrained buying interest, leading to a noticeable quarter-on-quarter adjustment in CIF import prices.

Global:

According to the Price-Watch, In Q2 2025, the Oil and Grease Paper market has been falling slightly by 1.2% from Q1 2025, as seasonal demand from bakery and fast-food sectors has been moderating.

Manufacturers have been adjusting operating rates to prevent excess inventory, while raw material and energy costs have been stabilizing, providing minimal support to prices. Export activity has been continuing at a steady but cautious pace, with regional buyers being selective in procurement.

Freight and logistics conditions have been improving, allowing suppliers to offer competitive rates. Overall, market sentiment has been neutral to slightly bearish, influenced by softer demand and balanced supply.

The Oil and Grease Paper market has been maintaining a controlled tone, with minimal volatility in the price chart and restrained buying interest, while stakeholders have been preparing for potential seasonal demand increases in Q3 2025.

India:

According to the Price Watch, In Q2 2025, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices have been softening slightly to marking a 1% decline from Q1 2025, as seasonal moderation in downstream demand from bakery, FMCG, and food packaging sectors has been occurring, with converters exercising caution due to adequate inventories.

Mill operating rates have been slightly reduced to avoid excess stock accumulation, while upstream pulp and chemical costs have been stabilizing, providing limited upward support. Export activity has been steady but selective, with regional competition from Southeast Asia continuing to influence domestic prices.

Freight and logistics conditions have remained stable, ensuring reliable supply. On month on month, June has seen a 5% decline compared to May 2025. Overall, Q2 2025 has been demonstrating a demand-led correction, with subdued downstream procurement, controlled mill production, and consistent logistics contributing to a mildly bearish but balanced market environment.

Global:

According to the Price Watch, In Q1 2025, the Oil and Grease Paper market has been increasing by 2.8% from Q4 2024, as manufacturers have been responding to strong restocking orders from FMCG, bakery, and fast-food sectors.

Raw material and energy costs have been rising, providing additional support for price increases. Operating rates across plants have been remaining high to meet production needs while inventory management has been being emphasized to avoid shortages.

Export sentiment has been moderately strong, with regional buyers accepting higher prices to secure supply. Overall, market sentiment has been leaning bullish, with the price index trending upward and the price chart showing momentum.

The Oil and Grease Paper market has been reflecting assertive trading activity, as stakeholders have been balancing production and procurement with rising costs while maintaining supply continuity.

India:

According to Price-Watch, In Q1 2025, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices have been rising to 2.5% increase from Q4 2024, as downstream demand from FMCG, bakery, and food packaging sectors has been strengthening, driven by new product launches and promotional activities.

Mills have been operating at higher rates to meet increased orders, while upstream pulp and chemical costs have been gradually rising, providing additional cost support for domestic prices. Export demand has been steady, and competitive pressure from Southeast Asian suppliers has been moderate.

Freight and logistics conditions have remained favorable, supporting timely deliveries across domestic and export markets. On month on month, March has seen a 1% increase compared to February 2025, contributing to the quarter’s upward trend.

Overall, Q1 2025 has been reflecting a bullish market sentiment, with rising downstream demand, managed supply, and stable logistics fostering a firm pricing environment and positive market confidence.

Oil and Grease Paper Price Trend Analysis: Q4 2024

Global:

According to the PriceWatch, In Q4 2024, the Oil and Grease Paper market has been rising by 1.8% from Q3 2024, as seasonal demand from FMCG, bakery, and confectionery sectors has been increasing ahead of the holiday and festive period. Manufacturers have been sustaining higher operating rates to accommodate rising order volumes while managing inventories efficiently. Raw material and energy costs have been trending upward, supporting price growth, while freight rates have been climbing seasonally, contributing to overall cost pressures. Export activity has been strengthening, with regional buyers replenishing stocks ahead of peak season demand. Overall, market sentiment has been leaning moderately bullish, influenced by steady downstream consumption and supply tightness in certain regions. The Oil and Grease Paper market has been maintaining an active tone, with the price index moving upward and the price chart showing increased momentum. Stakeholders have been consolidating production and procurement strategies, digesting prior quarters’ trends while preparing for high-volume holiday packaging requirements.

India:

According to the PriceWatch, In Q4 2024, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices has been marking a 2% increase from Q3 2024. The quarter has been witnessing a gradual rebound in downstream demand as festive season preparations have boosted procurement from bakery, FMCG, and food packaging sectors. Mill operating rates have been increased cautiously to meet the rising orders, supported by stable upstream pulp and chemical feedstock prices. Exporters have been actively engaging regional buyers, leveraging steady freight conditions to capitalize on holiday season opportunities. However, some logistical challenges due to increased shipment volumes have been noted, causing minor delivery delays. On a month-on-month basis, prices have been firming gradually, with December recording gains close to 2% compared to November 2025. Overall, Q4 2024 has been reflecting a cautiously optimistic market mood, driven by seasonal demand upticks, stable supply, and improving buyer confidence.

Global

According to PriceWatch, In Q3 2024, the Oil and Grease Paper market has been holding steady with no change from Q2 2024, as supply and demand have been balancing across global and domestic markets. Downstream sectors, including FMCG, bakery, and fast-food, have been maintaining steady consumption despite typical summer seasonality. Manufacturers have been managing inventories carefully to avoid overstocking, while raw material and energy costs have been fluctuating slightly but have not significantly influenced prices. Export activity has been remaining consistent, with regional buyers cautiously placing orders given stable market conditions. Operating rates across plants have been being adjusted moderately to sustain supply without triggering excess stock. Overall, market sentiment has been remaining neutral, with the price index being stable and the price chart showing minimal volatility. The Oil and Grease Paper market has been maintaining a quiet tone, as stakeholders have been digesting previous price movements and preparing for Q4 2024’s seasonal uptick.

India:

According to PriceWatch, In Q3 2024, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices have been holding steady showing no change from Q2 2024, as downstream demand from bakery and FMCG sectors has been muted due to monsoon seasonality, with converters maintaining conservative inventory levels. Mills have been keeping operating rates stable to avoid supply disruptions while upstream pulp and chemical costs have been largely flat, providing neutral cost support. Export flows have been steady, though competitive pressures from Southeast Asian producers have continued to influence domestic pricing. Freight and logistics have been consistent, ensuring timely deliveries despite minor seasonal transport challenges. Month-on-month, prices have been increasing in September by 2% compared to August 2025. Overall, Q3 2024 has been characterized by a consolidation phase, with stable supply, restrained downstream activity, and balanced cost structures leading to a neutral pricing environment ahead of the festive demand in Q4.

Global:

According to the PriceWatch, In Q2 2024, the Oil and Grease Paper market has been experiencing a 2.0% decline from Q1 2024, as seasonal demand has been softening during summer months, leading to slower orders from bakery, fast-food, and FMCG packaging sectors. Manufacturers have been adjusting production and inventories to match reduced demand while raw material and energy costs have been stabilizing, providing limited upward price support. Freight and logistics operations have been improving, allowing suppliers to optimize costs and maintain competitive pricing. Export momentum has been remaining cautious, with regional buyers hesitating amid steady supply and minimal pricing incentives. Operating rates across plants have been being moderated to avoid inventory accumulation. Overall, market sentiment has been leaning cautious, influenced by softer seasonal demand and moderate stock levels. The Oil and Grease Paper market has been maintaining a balanced tone, with the price index trending slightly downward and minimal volatility in trading activity, while stakeholders have been preparing for the anticipated seasonal uptick in Q4 2024.

India:

According to PriceWatch, In Q2 2024, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices have been softening marking a 2% decline from Q1 2024, as downstream demand from bakery, FMCG, and food packaging sectors has been moderating due to typical seasonal slowdowns and cautious inventory management by converters. Mills have been adjusting operating rates slightly to manage stock levels, while upstream pulp and chemical feedstock prices have been easing, reducing cost support for producers. Export activity has been steady but selective, with competitive pressure from Southeast Asian suppliers keeping domestic prices under check. Freight and logistics conditions have been stable, though minor regional delays have slightly affected supply timings. On month on month basis, prices have been stable in June 2025 compared to May 2025, cumulatively contributing to the quarter’s downward trend. Overall, Q2 2024 has been reflecting a seasonal and demand-led correction, with restrained downstream buying, balanced supply, and stable logistics shaping a cautious market environment.

Global:

According to PriceWatch, In Q1 2024, the Oil and Grease Paper prices has been showing a moderate 1.6% increase from Q4 2023, as global demand from FMCG, bakery, and fast-food sectors has been strengthening following the year-end slowdown. Indian manufacturers have been ramping up production to fulfil renewed orders while raw material and energy costs have been steadily increasing, supporting price momentum. Freight rates have been stabilizing but have been adding to overall costs, which suppliers have been passing on to buyers. Operating rates across several plants have been remaining steady to balance supply with moderate consumption growth. Export activity has been gradually recovering, with regional buyers cautiously increasing procurement amid stable but competitive pricing. Despite limited volatility in raw material costs, overall market sentiment has been leaning slightly bullish, as downstream demand and sustainability initiatives have been driving consistent procurement. The Oil and Grease Paper market has been consolidating post-Q4 2023, digesting moderate cost pressures while maintaining a firm tone, with stakeholders being attentive to supply chain coordination and timely deliveries.

India:

According to PriceWatch, In Q1 2024, Oil and Grease Paper 40-50 GSM KIT-7 (White), prices have been increasing modestly, marking a 1.5% rise from Q4 2023. The market has been observing a cautious recovery in downstream demand from bakery, food packaging, and FMCG sectors, as Indian converters have been gradually replenishing inventories after a year-end slowdown. Mill operating rates have been steady, supported by stable upstream pulp and chemical feedstock costs. Domestic logistical conditions have been improving, facilitating predictable deliveries. Export supply from eastern India has been holding firm, although competitive pressures from Southeast Asian suppliers have been persistent. On a month-on-month basis, prices have been stable in March 2024 compared to February 2025. Overall, Q1 2024 has been reflecting a moderate demand-led recovery, with stable supply, restrained downstream procurement, and balanced cost pressures contributing to a mild upward pricing trend.

Technical Specifications of Oil And Grease Paper Price Trends

Product Description

Oil and Grease Paper is a specialized packaging paper designed to resist the penetration of oils, fats, and greasy substances while maintaining strength and flexibility. It is manufactured from highly refined pulp and processed to create a dense, low-porosity fiber structure that provides effective resistance to oil and grease.

This paper offers excellent barrier properties against fats and moisture, along with a smooth and uniform surface that supports good printability and attractive product presentation. Oil and grease paper also provides good mechanical strength, flexibility for easy wrapping, and hygienic characteristics suitable for direct food contact.

Its resistance to grease and moderate heat makes it particularly useful for packaging oily or fried food products. Due to these properties, oil and grease paper is widely used in applications such as bakery and fast-food wrapping, butter and cheese packaging, confectionery wrapping, takeaway food packaging, and as lining paper for trays and containers, providing a reliable and cost-effective solution for food and grease-sensitive products.

Identifiers and Classification:

HS Code: 48062000

Oil and Grease Paper Synonyms:

  • Butter Paper
  • Parchment Paper
  • Grease Resistant Paper
  • Oil Resistant Paper
  • Food Wrapping Paper
  • Glassine Paper
  • Grease Barrier Paper
  • Grease Proof Paper


Oil and Grease Paper Grades Specific Price Assessment:

  • Oil and Grease Paper 40-50 GSM KIT-7 (White)


Oil and Grease Paper Global Trade and Shipment Terms:

  • Quotation Terms (Product & Country Specific): 20-30 MT
  • Packaging Type (Product & Country Specific): Jumbo Roll


Incoterms Referenced in Oil and Grease Paper Price Reporting:

Shipping Term  Location  Definition 
Ex-Mumbai  Mumbai, India   Oil and Grease Paper Domestically traded price in India  
Ex-Kolkata  Kolkata, India  Oil and Grease Paper Domestically traded price in India 
Ex-North India  North India, India  Oil and Grease Paper Domestically traded price in India 
FOB Nhava Sheva   Nhava Sheva, India  Oil and Grease Paper Export Price in India 
FOB Jakarta  Jakarta, Indonesia  Oil and Grease Paper Export Price in Indonesia 
CIF Kelang (India)  Kelang, Malaysia  Oil and Grease Paper Import price in Malaysia from India 
CIF Southampton (India)  Southampton, United Kingdom  Oil and Grease Paper Import Price in United Kingdom from India 
CIF Houston (India)  Houston, USA  Oil and Grease Paper Import Price in USA from India 
CIF Jeddah (India)  Jeddah, Saudi Arabia  Oil and Grease Paper Import Price in Saudi Arabia from India 

Quotation Terms refers to the quantity range specified for the Oil and Grease Paper being quoted or offered in a commercial transaction.

Packaging Type refers to standard packaging size commonly used for Oil and Grease Paper packing, ease of handling, transportation, and storage in industrial and commercial applications.

Oil and Grease Paper Mills and their brands:

Brand Name  Mills 
Solid wrap  Pudumjee Paper Products 
NA  Shree Krishna Paper Mills & Industries. Ltd. 
Foopak  PT APP Purinusa Ekapersada 
NA  PT. Parisindo Pratama 
WrapWell  ITC Limited 
NA  Century Pulp & paper  
JK Oleoff  JK Paper Ltd 
NA  Seasonal Packaging Pvt. Ltd. (Arihant Papers) 

Oil And Grease Paper Industrial Applications

Historically, several events have caused significant fluctuations in Oil And Grease Paper prices

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global oil and grease paper price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the oil and grease paper market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence oil and grease paper prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely oil and grease paper market data.

Track Price Watch's™ oil and grease paper price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Oil And Grease Paper Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Oil and Grease Paper is a specialty paper designed to resist the penetration of oils and fats, commonly used for packaging greasy foods like bakery items, butter, and fast food. Its price matters because it affects packaging costs for manufacturers and food businesses, influencing overall product cost and profitability. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

The current price of Oil and Grease Paper in India generally depending on factors such as GSM, grease resistance level, coating, and order quantity. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

The market trend of Oil and Grease Paper is growing due to increasing demand for eco-friendly food packaging, expansion of bakery and fast-food industries, and the rise of online food delivery services. Key factors affecting the market include raw material costs (wood pulp), environmental regulations on plastic packaging, technological improvements in paper manufacturing, and growing consumer preference for sustainable packaging.

The industries that buy the most Oil and Grease Paper are primarily the food and beverage sector, including fast food outlets, restaurants, cafes, bakeries, confectioneries, and food service providers for wrapping, baking, and takeaway packaging, followed by food processing, retail packaging, dairy and snack producers; it also sees demand in industrial packaging, cosmetics, and healthcare packaging where oil or grease resistance is required. Price-Watch™ analyses demand patterns across all these industries.

Oil and Grease Paper is made from refined wood pulp or vegetable fibers that are processed into dense, low-porosity paper. It is then treated with chemical sizing, coatings, or calendaring to make it resistant to oils, fats, and grease.

Major producers are countries with strong paper manufacturing industries, including India, China, the USA, and European nations. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Yes, global supply of Oil and Grease Paper currently meets demand, supported by expanding production in food packaging and bakery sectors. Rising demand from sustainable packaging trends is matched by manufacturers increasing capacity, despite raw material cost fluctuations. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Oil and Grease Paper comes in different grades based on GSM (thickness), grease resistance, coating, and food safety standards. Higher-grade papers with better grease resistance, smoother surface, or premium food-grade certification cost more, while standard grades are cheaper for general packaging. Price-Watch™ provides separate price assessments for different Oil and Grease Paper grades to ensure clear market benchmarking and transparency.

When demand for Oil and Grease Paper suddenly rises, prices typically increase due to limited immediate supply, manufacturers may prioritize bulk or high-value orders, and lead times for delivery can extend, potentially impacting food packaging and bakery businesses.

Energy prices directly affect Oil and Grease Paper costs because paper production is energy intensive. Higher electricity, gas, or fuel costs increase manufacturing expenses, which are passed on to buyers, raising the price of greaseproof and oil-resistant paper, a correlation that Price-Watch™ analyses in its price assessments & market reports.

Regional price differences for Oil and Grease Paper are caused by variations in raw material availability, manufacturing costs, labor and energy expenses, transportation and import duties, and local demand, making the paper more expensive in regions with higher production or logistics costs. Price-Watch™ tracks prices across all major regions to highlight these differences.

Oil and Grease Paper prices are expected to remain moderately stable to slightly firm in the near term, supported by steady demand from bakery, fast-food, and FMCG packaging sectors, regular restocking cycles, and balanced global supply. However, prices may fluctuate with changes in pulp costs, energy and freight rates, regional demand, and inventory levels. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 3 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Yes, Oil and Grease Paper forecasts can help your business by anticipating price trends, planning procurement budgets, managing inventory, and optimizing packaging costs. They also aid in negotiating supplier contracts, timing purchases, and ensuring uninterrupted supply amid demand or raw material fluctuations. If Price-Watch™ forecasts predict a price increase in 3 months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Global events impact Oil and Grease Paper supply and prices by disrupting raw material availability, increasing energy and freight costs, or affecting production capacity. Events like natural disasters, trade restrictions, geopolitical tensions, or pandemics can cause supply shortages, price spikes, and delays in delivery. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Oil and Grease Paper industry.

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