Price Watch
Buy Now
Book a Demo

Testliner Price Trend and Forecast

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

testliner Price Trends by Country

saSaudi Arabia
pePeru
itItaly
frFrance
plPoland
gbUnited Kingdom
deGermany
usUnited States
caCanada
aeUnited Arab Emirates
lkSri Lanka
vnVietnam
inIndia
cnChina
thThailand

Global testliner Spot Market Prices, Trend Analysis and Forecast

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

Testliner Regional Coverage Testliner Grade and Country Coverage Testliner Pricing Data Coverage Explanation
Asia-Pacific Testliner Pricing Analysis Testliner 140 GSM FOB Prices at Laem Chabang Port, Thailand Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets
Testliner 175 GSM FOB Prices at Laem Chabang Port, Thailand Weekly Price Update on Testliner 175 GSM Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets
Testliner 140 GSM CIF Prices at Shanghai Port, China, Importing from Vietnam Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Shanghai Port, China from Vietnam
Testliner 140 GSM CIF Prices at Shanghai Port, China, Importing from Thailand Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Shanghai Port, China from Thailand
Testliner 175 GSM CIF Prices at Shanghai Port, China, Importing from Thailand Weekly Price Update on Testliner 175 GSM Real-Time Import Prices at Shanghai Port, China from Thailand
Testliner 175 GSM CIF Prices at Shanghai Port, China, Importing from Vietnam Weekly Price Update on Testliner 175 GSM Real-Time Import Prices at Shanghai Port, China from Vietnam
Testliner 140 GSM FOB Prices at Nhava Sheva Port, West India Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Nhava Sheva Port, West India to Global Markets
Testliner 140 GSM FOB Prices at Haiphong Port, Vietnam Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Haiphong Port, Vietnam to Global Markets
Testliner 175 GSM FOB Prices at Haiphong Port, Vietnam Weekly Price Update on Testliner 175 GSM Real-Time Export Prices from Haiphong Port, Vietnam to Global Markets
Testliner 140 GSM CIF Prices at Colombo Port, Sri Lanka, Importing from India Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Colombo Port, Sri Lanka from India
North America Testliner Pricing Analysis Testliner 140 GSM FOB Prices at Montreal Port, Canada Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Montreal Port, Canada to Global Markets
Testliner 140 GSM CIF Prices at Houston Port, United States of America, Importing from Canada Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Houston Port, United States of America from Canada
Europe Testliner Pricing Analysis Testliner 2 175 GSM FD Hamburg Domestic Prices, Germany Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Hamburg, Germany
Testliner 2 140 GSM FD Hamburg Domestic Prices, Germany Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Hamburg, Germany
Testliner 2 140 GSM FD Southampton Domestic Prices, UK Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Southampton, UK
Testliner 2 175 GSM FD Southampton Domestic Prices, UK Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Southampton, UK
Testliner 2 140 GSM FD Gdynia Domestic Prices, Poland Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Gdynia, Poland
Testliner 2 175 GSM FD Gdynia Domestic Prices, Poland Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Gdynia, Poland
Testliner 2 140 GSM FD Marseille Domestic Prices, France Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Marseille, France
Testliner 2 175 GSM FD Marseille Domestic Prices, France Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Marseille, France
Testliner 2 140 GSM FD Genoa Domestic Prices, Italy Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Genoa, Italy
Testliner 2 175 GSM FD Genoa Domestic Prices, Italy Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Genoa, Italy
South America Testliner Pricing Analysis Testliner 140 GSM CIF Prices at Callao Port, Peru, Importing from Canada Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Callao Port, Peru from Canada
Middle East & Africa Testliner Pricing Analysis Testliner 140 GSM CIF Prices at Jubail Port, Saudi Arabia, Importing from India Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Jubail Port, Saudi Arabia from India
Testliner 140 GSM CIF Prices at Jabel Ali Port, United Arab Emirates, Importing from India Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Jabel Ali Port, United Arab Emirates from India

Testliner Price Trend Q1 2026

The global Testliner price trend in Q1 2026 has been witnessing a generally stable to slightly upward trajectory across major regions, with prices increasing by approximately 4.11% compared to the previous quarter, supported by improving market demand. The market has been experiencing firmer conditions as corrugated packaging manufacturers have been gradually increasing procurement activities, particularly from e-commerce, food & beverage packaging, and consumer goods sectors.

Buying sentiment has been strengthening, although many participants have remained cautious and strategic amid expectations of additional price hikes. Feedstock recovered paper (RCP) and energy costs have been remaining firm, continuing to exert cost pressure on Testliner producers and supporting higher selling prices. Production facilities have been operating at balanced utilization rates, with manufacturers carefully managing supply to match demand recovery and prevent inventory accumulation.

Furthermore, the ongoing Middle East conflict has been affecting shipping routes and global trade logistics, contributing to tighter supply conditions and extended lead times. Overall, market sentiment has remained firm to bullish, driven by stable demand recovery, elevated production costs, and controlled supply conditions.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Thailand has been Testliner Exported Prices witnessing a relatively stable to slightly soft trend, with export prices having shown marginal fluctuations compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing export logistics and freight dynamics. In March 2026, the Testliner export prices in Thailand have shown an increase compared to February 2026, driven by improved demand activity and tightening supply conditions.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in China has been witnessing a slight downward trend, with imported prices having decreased by approximately 1.2% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, consumer goods, and industrial packaging sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing cargoes based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and port logistics conditions. Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics.

According to Price-Watch™ , in March 2026, the Testliner imported prices in China have surged by 8.3% compared to February 2026, driven by improved demand activity and tightening supply availability.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in India has been witnessing a slight upward trend, with domestic prices having increased by approximately 1.0% compared to Q4 2025. Prices have been rising gradually as corrugated packaging manufacturers have been cautiously restocking to meet steady demand from e-commerce, FMCG packaging, and industrial goods sectors.

Market sentiment has been improving as inventory levels have been stabilizing and buyers have been securing volumes based on near-term requirements. Producers have been maintaining balanced operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses.

Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in India have surged by 11.3% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Vietnam has been witnessing a relatively stable trend, with imported prices having shown minimal fluctuations compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing shipments based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and logistics conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner imported prices in Vietnam have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

Sri Lanka: Testliner Imported Prices CIF Colombo, India from Sri Lanka; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Sri Lanka has been witnessing a relatively stable to slightly firm trend, with imported prices having shown marginal movement compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from food packaging, retail distribution, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing shipments based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and logistics conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner imported prices in Sri Lanka have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the UAE has been witnessing a steady upward trend, with imported prices having increased by approximately 4.6% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing shipments in anticipation of further price increases. Importers have been maintaining consistent procurement activity while managing supply amid fluctuating freight and logistics conditions.

Additionally, the ongoing Middle East conflict has been significantly impacting regional trade routes and freight availability, adding upward pressure on prices. In March 2026 the Testliner imported prices in the UAE have surged sharply by 28.7% compared to February 2026, driven by strong demand and constrained supply availability.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Canada has been witnessing a relatively stable to slightly firm trend, with imported prices having shown marginal movement compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing shipments based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and logistics conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner Exported prices in Canada have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the USA has been witnessing a slight downward trend, with export prices having decreased by approximately 2.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines.

Additionally, the ongoing Middle East conflict has been influencing global trade routes and freight dynamics. In March 2026, the Testliner export prices in the USA have surged by 7.6% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Germany: Testliner Domestically traded Prices FD Hamburg, In Germany; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Germany has been witnessing a slight downward trend, with export prices having decreased by approximately 2.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines.

Additionally, the ongoing Middle East conflict has been influencing export logistics and freight dynamics. In March 2026, the Testliner export prices in Germany have surged by 7.6% compared to February 2026, driven by improved demand activity and tightening supply conditions.

UK: Testliner Domestically traded Prices FD Southampton, In UK; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the UK has been witnessing a steady upward trend, with domestic prices having increased by approximately 6.5% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from e-commerce, food packaging, and retail distribution sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing volumes in anticipation of further price increases. Producers have been maintaining balanced operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses.

Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in UK have surged by 8.4% compared to February 2026, driven by steady demand growth and tightening supply fundamentals.

Poland: Testliner Domestically traded Prices FD Gdynia, In Poland; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Poland has been witnessing a steady upward trend, with export prices having increased by approximately 5.5% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet stable demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing volumes in anticipation of further price increases. Producers have been maintaining balanced operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses.

Additionally, the ongoing Middle East conflict has been impacting export logistics and freight dynamics. In March 2026, the Testliner export prices in Poland have surged by 7.3% compared to February 2026, driven by consistent demand and tightening supply fundamentals.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in France has been witnessing a relatively stable to slightly firm trend, with domestic prices having shown marginal movement compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions.

Feedstock recovered paper and pulp costs have been remaining relatively stable. Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in France have shown an increase compared to February 2026, driven by improved demand activity and tightening supply conditions.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Italy has been witnessing a slight downward trend, with domestic prices having decreased by approximately 1.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and consumer goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been procuring based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines.

Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in Italy have surged by 8.3% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

During Q1 2026, the Testliner price trend in Peru has been witnessing a slight downward trend, with imported prices having decreased by approximately 2.2% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from food packaging, agriculture exports, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing shipments based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and logistics conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the testliner imported prices in Peru have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q1 2026, the Testliner Price trend i Saudi Arabia has been witnessing a steady upward trend, with imported prices having increased by approximately 4.6% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from food packaging, retail distribution, and industrial goods sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing shipments in anticipation of further price increases. Importers have been maintaining consistent procurement activity while managing supply amid fluctuating freight and logistics conditions.

Additionally, the ongoing Middle East conflict has been significantly impacting regional trade routes and freight availability, adding upward pressure on prices. In March 2026, the Testliner imported prices in Saudi Arabia have surged sharply compared to February 2026, driven by strong demand and constrained supply availability.

Testliner Price Trend Analysis: Q4 2025

In Q4 2025 the Testliner prices has been declining by 6% compared with Q3 2025, as anticipated festive demand has remained below expectations and oversupply conditions have continued to weigh on pricing dynamics. Corrugated box requirements from retail, e-commerce, and FMCG distribution channels have been moderate, failing to create meaningful upward traction despite seasonal shipment cycles.

Testliner prices have been softening gradually amid comfortable scrap availability, reducing cost pressure on mills and limiting price support. Producers have been strategically lowering operating rates to prevent excessive inventory accumulation and to stabilize margins in a weak demand environment.

Export markets have been highly competitive, with suppliers offering aggressive pricing to secure limited spot orders. Overall, the market has maintained a subdued and cautious tone, characterized by restrained procurement activity, sufficient material availability, and persistent margin compression across major producing regions.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been falling by 4.5% compared with Q3 2025, with prices averaging around 390-400 USD per metric ton. Festive and year-end demand from retail, e-commerce, and FMCG packaging has underperformed expectations, while supply has remained elevated. Recovered paper prices have been softening gradually, reducing cost support for producers. Thai mills have been strategically reducing operating rates to rebalance inventories and manage margins. Export shipments have been facing strong competition, limiting upward price movement.

Seasonal demand has been slowing in post-harvest agricultural shipments and industrial production. Overall, the global containerboard market has been experiencing subdued sentiment, elevated supply levels, competitive export dynamics, and cautious procurement, amplifying downward pricing pressure and restricting market recovery compared with the previous quarter. On month on month basis, the prices have been declining by 1.5% in December compared with November.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

According to Price-Watch™ , in Q4 2025, the Testliner prices has been declining further by 1.8% compared with Q3 2025, with prices averaging around 450-465 USD per metric ton. Demand from converters and corrugated box producers has been underperforming expectations, as retail and e-commerce shipments have remained moderate while industrial and FMCG packaging orders have been cautious.

End-use applications have been stable but insufficient to absorb full import capacity, leading to competitive pricing among Vietnamese exporters. Recycled paper costs in Vietnam have been softening slightly, reducing cost support for mills and contributing to muted price adjustments. Producers have been lowering operating rates selectively to avoid excessive inventory accumulation and manage profitability amid weaker demand.

Seasonal trends, including the post-peak festive period, have been further moderating packaging consumption in China. Overall, the regional containerboard market has been showing subdued sentiment, characterized by cautious procurement, ample supply, and narrowing export margins. Compared with the previous quarter, pricing and trade activity have been softening further, reflecting persistent oversupply conditions and limited short-term growth prospects. On month on month basis, the prices have been declining by 1% in December2025 compared to November 2025.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been continuing its downward trajectory, declining by 7.5% compared with Q3 2025, with FOB Nhava Sheva prices averaging Between 340-360 USD per metric ton. Demand from converters, retail packaging, and export shipments has been moderate and insufficient to invigorate pricing, with key importers exercising disciplined procurement. Recycled paper feedstock costs have been softening, reducing cost support, while ample inventory and competitive exporter pricing have constrained upward moves on the price chart.

Seasonality has been unfavorable, as postharvest packaging and industrial shipments have softened. Overall, the containerboard market has been reflecting subdued conditions, constrained demand, and restrained pricing dynamics compared with the previous quarter, consistent with global containerboard market trends marked by cautious buyer behaviour and ample supply. On month on month basis, the prices have been declining by 2.5% in December2025 compared to November 2025.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining further by 2.0% compared with Q3 2025, with FOB Haiphong prices averaging between 400-410 USD per metric ton. Although the rate of decline has been slower than in the previous quarter, the price Trend has continued to weaken due to moderate festive demand and sustained supply availability. On month-on-month basis, prices have been gradually softening by 1.0% in December 2025 compared to November 2025, as exporters have been adjusting offers to secure limited orders.

Demand from retail packaging, e-commerce shipments, processed food exports, and consumer goods distribution has been stable but below expectations. The price Chart has been reflecting continued downward pressure amid competitive regional Market conditions. Seasonally, post-harvest slowdowns and cautious year-end procurement have been dampening corrugated box demand. Overall, the Market has been showing subdued sentiment, balanced-to-long supply conditions, and restrained purchasing activity.

Shri Lanka: Testliner Imported Prices CIF Colombo, India from Shri Lanka; Grade- Testliner 140 GSM

In Q4 2025, the Testliner price has been declining further by 6.5% compared with Q3 2025, prices averaging between 375-395 USD per metric ton. Although the pace of decline has been slower than in the previous quarter, the price Trend has remained under pressure due to moderate festive demand and sufficient import supply.

On month-on-month basis, prices have been gradually softening by 2.0% in December 2025 compared to November 2025, indicating a stabilizing but still downward price Chart pattern. End-use applications such as retail packaging, e-commerce shipments, processed food distribution, and household goods packaging have been stable but below peak seasonal expectations.

Importers have been maintaining cautious procurement strategies amid currency sensitivity and cost management efforts. Seasonally, post-harvest slowdowns and conservative year-end stocking have been limiting demand recovery. Overall, the Market has been showing balanced-to-long supply conditions, muted consumer activity, and continued softness in prices compared with the previous quarter.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices in the United Arab Emirates has been declining further by 6.2% compared with Q3 2025, with CIF Jebel Ali prices averaging between 365-380 USD per metric ton. Although the rate of decline has been slower than in Q3, the price Trend has remained under pressure due to moderate festive demand and sustained import availability. On month-on-month basis, prices has been gradually softening by 1.0% in December 2025 compared to November 2025, indicating continued but less aggressive downward adjustments on the price Chart.

End-use demand from retail packaging, e-commerce shipments, processed food imports, and consumer goods distribution has been stable but below peak seasonal expectations. Importers have been maintaining cautious inventory strategies amid competitive supplier pricing and balanced regional supply. Seasonally, post-summer trade recovery has been modest, limiting demand rebound. Overall, the Market has been showing subdued buying interest, sufficient stock levels, and continued softness in prices compared with the previous quarter.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining by 6.2% compared with Q3 2025, with prices averaging between 390-420 USD per metric ton. The price Trend has been weakening more sharply as year-end export shipments have been falling short of expectations and overseas buyers have been maintaining cautious purchasing strategies. On month-on-month prices, prices have been consistently softening by 2.5% in December 2025 compared to November 2025. Demand from key end-use sectors including retail packaging, processed food exports, consumer durables, and seasonal agricultural shipments has been stable but insufficient to offset ample supply.

The price Chart has been reflecting sustained downward pressure amid competitive global containerboard offers and balanced domestic production. Seasonally, post-harvest and winter slowdowns in construction and industrial activity have been further dampening corrugated packaging consumption. Overall, the Market has been exhibiting subdued sentiment, comfortable inventory levels, and continued downward movement in prices compared with the previous quarter.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices in the United States has been declining further by 6.2% compared with Q3 2025, with CIF Houston prices averaging between 390-425 USD per metric ton. The price Trend has been weakening more sharply as year-end demand has been falling short of expectations despite seasonal retail shipments. End-use demand from consumer goods packaging, processed food distribution, and holiday e-commerce logistics has been present but insufficient to absorb consistent import volumes.

The price Chart has been reflecting a steeper downward slope as competitive global offers and stable domestic mill output have been pressuring import prices. On a month-on-month basis, December prices have been decreasing by 2.5% in December2025 compared with November 2025, highlighting continued softening into year end. Seasonally, post-holiday inventory planning and cautious contract negotiations have been limiting forward bookings. Overall, the Market has been showing subdued sentiment, ample supply availability, and sustained downward pressure on prices relative to the previous quarter.

Germany: Testliner Domestically traded Prices FD Hamburg, In Germany; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining by 6.5% compared with Q3 2025, with prices averaging between 350-370 USD per metric ton. The price Trend has been weakening more sharply as year-end industrial activity and export-driven packaging demand have been underperforming expectations. End-use sectors such as retail packaging, machinery exports, electronics distribution, and seasonal consumer goods shipments have been present but insufficient to offset steady production levels.

The price Chart has been indicating a steeper downward slope, aligned with broader European containerboard Market softness and easing recovered fiber costs. Seasonally, winter slowdowns and cautious contract renewals have been influencing procurement strategies. Overall, the Market has been showing subdued buying interest, competitive domestic supply, and continued downward pressure on prices relative to the previous quarter. On a month-on-month basis, December 2025 prices have been decreasing by 1.5% compared with November 2025.

UK: Testliner Domestically traded Prices FD Southampton, In UK; Grade- Testliner 140 GSM

In Q4 2025, the UK Testliner prices has been declining by 4.8% compared with Q3 2025, with prices averaging between 390-410 USD per metric ton. The price Trend has been weakening more noticeably as anticipated year-end retail and holiday packaging demand has been underperforming expectations.

Downstream demand from food distribution, consumer goods shipments, and industrial packaging has been present but insufficient to absorb steady domestic production. At the same time, upstream recovered paper costs have been easing, reducing cost support and contributing to competitive pricing strategies.

The price Chart has been showing a steeper downward slope than in Q3, reflecting sustained pressure on prices across the broader European containerboard Market. Seasonally, post-holiday inventory planning and cautious contract renewals have been influencing procurement volumes.

Overall, the Market has been exhibiting subdued sentiment, comfortable supply levels, and continued downward pressure compared with the previous quarter. On a month-on-month basis, December 2025 prices have been declining by 1.5% compared with November 2025.

Poland: Testliner Domestically traded Prices FD Gdynia, In Poland; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been declining more sharply by 7.1% compared with Q3 2025, with prices averaging between 360-380 USD per metric ton. The price Trend has been steepening as year-end industrial and retail packaging demand has underperformed seasonal expectations, despite typical holiday logistics. Downstream converters have been deferring orders amid cautious inventory management, particularly in FMCG and e-commerce sectors, while upstream recovered paper costs have been easing, reducing pressure for higher pricing.

Seasonal factors, including winter slowdowns in construction-related shipments and reduced agricultural packaging, have compounded weaker demand. The price Chart has been showing a sharper downward trajectory than in Q3, reflecting increased oversupply and competitive domestic mill offers On a month-on-month basis, September 2025 prices have been slightly lower than August 2025, with a decrease of around 1.5% over the previous month. Overall, the Market has been exhibiting subdued sentiment, constrained buying activity, and pronounced price pressure.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been declining more sharply by 5.0% compared with Q3 2025, with prices averaging between 370-390 USD per metric ton. The price Trend has been weakening as year-end packaging demand from retail, holiday shipments, and industrial sectors has been softer than expected. Downstream corrugated converters have been postponing orders amid cautious inventory management, especially in FMCG and e-commerce channels, while upstream recovered paper costs have been easing, limiting any cost-driven price support.

The price Chart has been showing a pronounced downward slope, reflecting both oversupply and subdued demand. Seasonal factors such as reduced construction activity and holiday-related slowdowns have further contributed to softer Market conditions. Overall, the Market has been exhibiting subdued buying interest, ample inventory, and continued price pressure. On a month-on-month basis, December 2025 prices have been decreasing by 1.5% compared to November 2025.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

In Q4 2025, Testliner prices has been weakening by 6.2% compared to Q3 2025, with FD Genoa prices have been averaging 370–390 USD per metric ton, as the price decline has been steepening due to year-end demand shortfalls for corrugated packaging from retail, e-commerce, and industrial sectors below seasonal expectations, downstream converters have been limiting orders amid cautious inventory management, while recovered paper costs have been easing to reduce price support, compounded by seasonal slowdowns in construction, holiday logistics, and industrial shipments, with stable end use demand from processed foods, beverages, and durable goods having been failing to spur recovery price charts have been showing a sharper downward trajectory than Q3 amid oversupply and domestic mill competition, reflecting overall subdued buying, constrained trade, and persistent price pressure, including a 1.5% month-on-month drop that December 2025 prices have been experiencing when compared to November 2025.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been weakening more sharply by 6.2% compared with Q3 2025, with prices averaging between 390-425 USD per metric ton. The price Trend has been steepening as year-end demand from retail, export packaging, and industrial shipments has underperformed seasonal expectations.

Downstream converters have been limiting procurement amid cautious inventory management, while upstream feedstock costs, including recovered paper, have been easing, reducing cost-driven support.

The price Chart has been showing a pronounced downward trajectory compared with Q3, reflecting both oversupply and softer demand. Seasonal factors, including slower shipping schedules and holiday periods, have further dampened consumption.

On a month-on-month basis, December 2025 prices have been declining by around 2.5% compared with the November 2025. Overall, the Market has been reflecting subdued buying interest, cautious trading, and amplified price pressure relative to the previous quarter

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q4 2025, the Testliner has been softening by 5.8% compared with Q3 2025, with prices averaging between 400-425 USD per metric ton. The price Trend has been continuing downward as year-end packaging demand has been slower than typical seasonal expectations, particularly in retail and industrial segments.

Downstream converters have been adopting conservative procurement strategies, reducing order sizes and managing inventories amid limited demand recovery. Upstream recovered paper costs have been easing further, offering minimal support for higher pricing.

The price Chart has been showing a continued declining slope, reflecting oversupply and cautious Market sentiment. Seasonally, reduced construction activity and the holiday period have contributed to softer trade flows.

Overall, the Market has been exhibiting subdued demand, restrained buying behaviour, and ongoing pressure on prices relative to the previous quarter. On a month-on-month basis, December 2025 prices have been lower than November 2025, declining by approximately 2.5% over the previous month.

In Q3 2025, the Testliner prices has been declining by 3% compared with Q2 2025, as supply has been exceeding incremental demand growth across major regions. Corrugated packaging demand from industrial goods, electronics, and retail sectors has been stable but insufficient to absorb available capacity, particularly amid moderate global trade flows and cautious consumer spending trends. Testliner prices have been relatively steady, providing minimal upward cost support to offset weaker pricing power.

Mills have been moderating production levels and adjusting operating rates to manage rising stock positions amid slower order intake. Export competition has been intensifying across Asia and Europe, with suppliers offering competitive pricing to secure limited spot volumes. Overall, the global containerboard environment has been reflecting balanced-to-oversupplied conditions, subdued freight movement, and conservative procurement strategies, resulting in softer sentiment and limited margin recovery compared with the previous quarter’s rebound.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 4.0% compared with Q2 2025, with prices averaging around 410-430 USD per metric ton. Supply has been exceeding incremental demand growth across industrial, electronics, and retail packaging sectors. Recovered paper costs have been largely stable, providing minimal upward cost support. Thai mills have been moderating operating rates to manage rising inventory levels amid slower order intake. Export shipments from Laem Chabang to Asia and Europe have been facing intense competition, with suppliers offering aggressive pricing to secure limited volumes.

Seasonal trends have been contributing to steady but moderate consumption, as summer demand for agricultural and FMCG packaging has been stabilizing. Overall, the global containerboard market has been reflecting balanced-to-oversupplied conditions, muted trade flows, and cautious buyer sentiment, resulting in softer pricing and limited recovery compared with the previous quarter. On month on month basis, the prices have been showing a slight downward trend in September 2025 compared with August 2025.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.0% compared with Q2 2025, prices averaging around 460-475 USD per metric ton. Demand from Chinese converters and corrugated box manufacturers has been softening, as industrial and FMCG packaging requirements have remained steady but insufficient to absorb the ample import volumes from Vietnam. End-use applications such as food and beverage packaging, e-commerce shipments, and consumer goods distribution have been stable, though cautious procurement from downstream buyers has been limiting order sizes.

Recycled paper costs and raw material availability in Vietnam have been relatively stable, providing minimal cost support. Vietnamese mills have been adjusting production rates to manage rising inventories amid slower Chinese demand. Seasonal factors, including moderate summer and early autumn industrial output, have been further moderating consumption. Overall, the regional containerboard market has been reflecting cautious sentiment, ample supply, and restrained trade flows, with weaker pricing trends and limited export margin recovery compared with the previous quarter. On month on month basis, the prices has been declining by 2.0% in September 2025 compared with August 2025.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining sharply by 9.0% compared with Q2 2025, with FOB Nhava Sheva prices averaging between 365-390 USD per metric ton. Demand from converters and exporters has been weakening, particularly in key segments like FMCG and industrial packaging, amid slower trade flows and cautious procurement from major import markets. Export enquiries to China and Southeast Asia have been subdued, leading to ample supply and downward pressure on pricing.

Recycled paper costs have been stable, offering minimal upward support. Seasonal factors, including reduced agricultural exports and postsummer industrial slowdown, have been contributing to softer consumption. Overall, the containerboard market has been reflecting weaker sentiment, oversupply, and muted trade activity, resulting in significant price corrections and subdued market confidence for testliner compared with the previous quarter. On month on month basis, the prices has been declining by 2.5% in September 2025 compared with August 2025.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.1% compared with Q2 2025, prices averaging between 410-420 USD per metric ton. The price Trend has been softening as export demand from China and other Asian markets has been moderating amid cautious procurement and sufficient inventory levels. On a month-on-month basis, prices have been gradually easing by 2.5% in September 2025 compared to August 2025.

End-use demand from FMCG packaging, food and beverage cartons, electronics shipments, and industrial corrugated boxes has been steady but not strong enough to absorb supply. The price Chart has been indicating a downward movement, consistent with broader regional containerboard Market weakness. Seasonally, moderate post-summer export flows have been limiting volume growth. Overall, the Market has been reflecting ample supply, competitive export pricing, and subdued buying sentiment.

Sri Lanka: Testliner Imported Prices CIF Colombo, India from Sri Lanka; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining sharply by 10.9% compared with Q2 2025, with prices averaging between 400-425 USD per metric ton. The price Trend has been weakening significantly as corrugated box demand from FMCG, food and beverage, and consumer goods packaging sectors has been slowing amid cautious economic activity and controlled inventory management. On a month-on-month basis, prices have been decreasing by 2.5% in September 2025 compared to August 2025. Import volumes have been moderating as converters have been adjusting procurement to align with slower retail and industrial consumption.

The price Chart has been indicating a steep downward movement, mirroring broader regional containerboard softness. Seasonally, reduced mid-year industrial output and limited agricultural exports have been further dampening packaging demand. Overall, the Market has been reflecting subdued sentiment, improved supply availability, and restrained purchasing behaviour.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices in the United Arab Emirates has been declining sharply by 9.7% compared with Q2 2025, with CIF Jabel Ali prices averaging between 385-410 USD per metric ton. The price Trend has been weakening considerably as corrugated packaging demand from FMCG, food and beverage distribution, construction materials, and re-export packaging sectors has been moderating. On a month-on-month basis, prices have been decreasing by 2.5% in September 2025 compared to August 2025. Importers have been adjusting procurement volumes amid ample regional supply and competitive Asian offers.

The price Chart has been indicating a pronounced downward trajectory, aligned with broader global containerboard Market softness. Seasonally, summer slowdowns and reduced construction activity have been dampening packaging consumption. Overall, the Market has been reflecting cautious sentiment, oversupply conditions, and competitive import pricing.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.0% compared with Q2 2025, with prices averaging around 430 USD per metric ton. After recording a 4.7% rise in Q2 2025, the price Trend has been reversing as export demand from the United States and Latin America has been moderating amid inventory normalization and softer corrugated box orders. End-use applications such as food and beverage packaging, industrial goods, agricultural exports, and e-commerce shipments have been stable but less dynamic than earlier in the year.

The price Chart has been indicating a downward adjustment, consistent with broader North American containerboard Market balancing efforts. Seasonally, late summer slowdowns in manufacturing and construction activity have been limiting incremental demand. On a month-on-month basis, prices have been showing a 0% deviation in September 2025 when compared to August 2025. Overall, the Market has been reflecting improved supply availability, disciplined procurement, and moderated export flows compared with Q2 2025.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices in the United States has been declining by 3.0% compared with Q2 2025, with CIF Houston prices averaging between 430 USD per metric ton. The price Trend has been reversing after the Q2 uptrend as import arrivals have remained steady while corrugated box demand has been stabilizing. End-use applications including food and beverage packaging, e-commerce shipments, agricultural produce boxes, and industrial goods packaging have been steady but not expanding sufficiently to tighten supply.

The price Chart has been indicating a gradual downward correction in line with improving recovered fiber availability and balanced domestic production On a month-on-month basis, prices have been showing a 0% deviation in September 2025 when compared to August 2025. Overall, the Market has been exhibiting cautious buying behaviour, normalized inventories, and moderated trade flows compared with the stronger conditions observed in Q2 2025.

Germany: Testliner Domestically traded Prices FD Hamburg, from Germany; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been declining by 3.3% compared with Q2 2025, with prices averaging between 380-400 USD per metric ton. The price Trend has been softening as domestic corrugated box demand from automotive components, FMCG packaging, processed food distribution, and industrial exports has been stabilizing rather than expanding. German manufacturing output has been moderating during the summer period, reducing incremental packaging consumption.

The price Chart has been reflecting a gradual downward adjustment amid improved recycled paper availability and balanced mill operating rates. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025. Seasonally, summer holidays and lower construction activity have been limiting order volumes. Overall, the Market has been reflecting cautious sentiment, sufficient supply conditions, and moderate inventory levels.

UK: Testliner Domestically traded Prices FD Southampton, from UK; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been softening by 2.0% compared with Q2 2025, with prices averaging between 410-430 USD per metric ton. The price Trend has been reversing after the modest Q2 improvement as corrugated packaging demand from FMCG, grocery retail, and e-commerce distribution has been stabilizing rather than expanding. Downstream box plants have been operating at balanced rates, while upstream recovered paper availability has been improving, easing feedstock cost pressure for domestic mills.

The price Chart has been indicating a gradual downward correction amid steady mill output and normalized inventory levels. Seasonally, UK manufacturing activity and construction-linked packaging demand have been moderating during holiday months. Overall, the Market has been reflecting cautious procurement behaviour, improved supply availability, and softer prices compared with the firmer Q2 environment. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025.

Poland: Testliner Domestically traded Prices FD Gdynia, from Poland; Grade- Testliner 140 GSM

In Q3 2025, the Testliner has been softening by 4.4% compared with Q2 2025, with prices averaging between 360-380 USD per metric ton. The price Trend has been gradually declining due to moderated corrugated box demand from e-commerce, FMCG, and industrial sectors, which has not kept pace with steady domestic supply. Upstream, recycled paper collections have been ample, easing feedstock costs for mills but limiting support for higher prices. End-use packaging for processed foods, beverages, and industrial shipments has been stable but cautious, with converters moderating orders to avoid excess inventories.

The price Chart has been indicating a gentle downward slope, showing that the Market has been correcting after the modest Q2 increase. Seasonally, summer slowdowns in manufacturing and logistics have contributed to restrained activity. On a month-on-month basis, September 2025 prices have been slightly lower than August 2025, with a decrease of around 1.5% over the previous month. Overall, the Market has been reflecting balanced supply, conservative buying sentiment, and a measured price adjustment.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been softening by 2.0% compared with Q2 2025, with prices averaging between 390-420 USD per metric ton. The price Trend has been gently declining as domestic corrugated packaging demand from e-commerce, food & beverage, and industrial sectors has been stabilizing after moderate gains in Q2. Upstream, recycled paper availability has been steady, which has been keeping feedstock costs manageable but providing limited support for price increases. Downstream converters have been cautiously placing orders, balancing inventory levels with anticipated seasonal fluctuations.

The price Chart has been showing a gradual downward slope, reflecting a measured correction in the Market rather than abrupt movements. Seasonally, summer production and logistics have been slightly slower, contributing to restrained shipment volumes. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025. Overall, the Market has been reflecting balanced supply, careful procurement, and a cautious sentiment among buyers.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

In Q3 2025, Testliner price trend in Italy has been declining by 4.4% compared with Q2 2025, with FD Genoa prices averaging around 390-420 USD per metric ton. The price Trend has been showing a moderate downward correction, as domestic corrugated packaging demand from FMCG, e-commerce, and industrial sectors has been stabilizing but insufficient to absorb consistent domestic production.

Upstream, recovered paper supply has been relatively steady, easing feedstock costs for mills but limiting upward price support. Downstream, converters have been cautiously managing orders to avoid excess inventory during the typical late-summer seasonal slowdown. End-use applications including food and beverage, household goods, and retail shipments have been steady but not driving higher volumes.

The price Chart has been showing a gentle downward slope, indicating a balanced correction. Overall, the Market has been reflecting conservative buying sentiment, stable supply, and moderated pricing compared with the mild Q2 gains. On a month-on-month basis, September 2025 prices have been remaining unchanged indicating a 0% price change compared to August 2025.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

In Q3 2025, Testliner prices in Peru has been softening by 3.0% compared with Q2 2025, with CIF Callao prices averaging between 425-435 USD per metric ton. The price Trend has been gradually declining as corrugated box demand from FMCG, food exports, and e-commerce shipments has been stable but insufficient to absorb the volume of imports. Upstream, recovered paper availability from South American suppliers has been steady, providing moderate feedstock support, while shipping and logistics costs have remained stable. Downstream converters and packaging companies have been cautiously placing orders, adjusting inventories amid slower post-harvest and industrial activity.

The price Chart has been indicating a gentle downward slope, reflecting measured market correction. Seasonally, summer production and transportation schedules have contributed to limited order acceleration. On a month-on-month basis, September 2025 prices have been remaining unchanged indicating a 0% deviation compared to August 2025. Overall, the Market has been reflecting balanced supply, restrained buying sentiment, and modest downward pricing pressure.

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q3 2025 the Testliner Prices has been declining sharply by 11.6% compared with Q2 2025, with prices averaging between 425-450 USD per metric ton. The price Trend has been weakening due to sluggish corrugated box demand from FMCG, retail, and construction-related packaging sectors. Upstream, recovered paper supply from regional and international exporters has been ample, reducing feedstock cost pressure for local mills and contributing to soft Market conditions. Downstream, converters have been cautiously managing orders and deferring procurement amid economic uncertainty and moderate industrial activity. The price Chart has been showing a steep downward slope, indicating accelerated pricing correction. Seasonally, summer months have been quieter in industrial shipments, exacerbating softer demand. On a month-on-month basis, September 2025 prices have been declining by 2.5% compared to August 2025. Overall, the Market has been reflecting cautious buying sentiment, ample supply, and intensified downward pricing pressure.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ , In Q2 2025 the Testliner 140 GSM, FOB Montreal (Canada), market has rebounded by 5% compared with Q1 2025, as seasonal recovery in packaging demand has been tightening fundamentals. Corrugated box consumption tied to agricultural exports, beverage shipments, and FMCG distribution has been strengthening steadily. Recycled paper costs have been firming moderately, restoring some cost support for producers. Mills have been gradually increasing operating rates in response to improved order visibility and healthier export inquiries. Buyers have been restocking inventories ahead of peak logistics activity during the summer months. Overall, the global containerboard sector has been reflecting a cautiously optimistic scenario, supported by seasonal demand recovery across North America, Europe, and Asia, improved trade flows, and more balanced supply-demand conditions, leading to renewed confidence and firmer market sentiment compared with the previous quarter.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ , In Q2 2025 the Testliner 140 GSM market from India has been marginally easing by 0.5% compared with Q1 2025, with FOB Nhava Sheva prices averaging between 400-450 USD per metric ton. Although demand from FMCG, food & beverage, and industrial converters has remained steady, expansion has been limited as key importers, including China, have been managing inventories cautiously amid global economic headwinds. Export enquiries have been stable but subdued, reflected in a relatively flat price trend and a moderate move on the price chart as mills balance production and shipping volumes. Recycled paper availability has been balanced, keeping cost pressures in check and allowing producers to maintain operating rates without significant price swings. Seasonally, moderate summer consumption and agricultural exports have been stabilizing but not driving significant growth. Overall, the containerboard market of testliner has been reflecting a balanced scenario, with stable demand, adequate supply, and restrained pricing momentum compared with the previous quarter, as both domestic and export demand patterns have been moderating.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ , In Q1 2025 the Testliner 140 GSM, FOB Montreal (Canada), prices has been declining sharply by 6% compared with Q4 2024, as post-holiday destocking and slower industrial activity have been weighing heavily on demand. Corrugated box orders from retail and FMCG sectors have been slowing after the festive surge, resulting in softer mill order books and restrained production planning. Prices of recycled paper, the primary raw material for Testliner, have been easing amid improved scrap availability, reducing cost support for producers. Mills have been curtailing operating rates to avoid inventory accumulation and manage margin pressure. Export activity has remained subdued, with buyers adopting short-term, cautious purchasing strategies. Overall, the global containerboard market has been entering a corrective phase, characterized by slower trade momentum, moderate global consumption, ample supply levels, and cautious downstream sentiment, which has collectively amplified downward pricing pressure and limited opportunities for immediate market recovery.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™ , In Q1 2025 the Testliner 140 GSM, prices has been registering significant gains, rising by 8% compared with Q4 2024, with FOB Nhava Sheva prices averaging between405-435 USD per metric ton. Demand from exporters and domestic converters has been firming, led by heightened requirements for FMCG packaging, industrial shipments, and ecommerce logistics following yearend restocking. Export orders to markets such as China and Southeast Asia have been strong, while recycled paper and fiber costs have been firm, contributing upward support to pricing. Seasonality has been advantageous as Q1 traditionally experiences renewed industrial activity and solid agricultural export cycles that elevate packaging requirements. The overall containerboard market for testliner has been reflecting robust fundamentals, constructive price trends, and improved market sentiment compared with the previous quarter, driven by broader structural growth in packaging demand and positive economic activity. Recent industry outlooks suggest containerboard pricing and demand remain underpinned by expanding ecommerce and sustainable packaging adoption.

Testliner Price Trend Analysis: Q4 2024

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q4 2024 the Testliner 140 GSM, FOB Montreal (Canada), prices has been increasing by 1% over Q3 2024, supported by festive-season packaging demand and year-end retail shipments. Corrugated box requirements from e-commerce, consumer electronics, and food distribution sectors have been strengthening ahead of holiday sales cycles. Recycled paper prices have remained relatively stable, while seasonal energy fluctuations have introduced mild cost variability. Mills have been operating at controlled rates to meet short-term demand without building excessive inventory. Export flows have been steady, though competitive global supply has been limiting sharper price gains. Overall, the global packaging sector has been benefiting from seasonal demand uplift, steady trade activity, and moderate capacity utilization, resulting in a firm yet measured market tone compared with the previous quarter.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q4 2024 the Testliner prices has been gaining by 5% compared with Q3 2024, with FOB Nhava Sheva prices averaging between 375-400 USD per metric ton. Yearend festive demand and elevated ecommerce packaging requirements have been supporting stronger corrugated box volumes, reinforcing upward price trend dynamics in domestic and export markets. Export enquiries to China, the Middle East, and Southeast Asia have been improving, reflecting healthier global trade flows and heightened logistics activity toward holiday shipments. Recycled paper feedstock costs have been gradually firm, helping price stability and providing mild cost push support. Seasonal demand has been favorable as Q4 packaging volumes typically increase with retail promotions, retail inventory buildup, and busy yearend consumption cycles. Overall, the containerboard market for testliner has been reflecting constructive fundamentals, improved downstream confidence, and a firmer price chart trend, supported by a balanced flow of demand across key enduse sectors, including FMCG, industrial, and export packaging.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q3 2024 the Testliner 140 GSM, FOB Montreal (Canada), prices has been edged up by 1% compared with Q2 2024, as earlier seasonal strength has been stabilizing. Demand from processed food, electronics, and industrial sectors has been steady but less aggressive than in the previous quarter. Recycled paper costs have been largely stable, offering limited additional cost support to producers. Mills have been adjusting operating rates moderately to maintain supply-demand balance and prevent excessive inventory accumulation. Export activity has been consistent but not expanding significantly, reflecting steady global trade flows. Overall, the global containerboard market has been transitioning into a balanced phase, characterized by moderate consumption, cautious procurement strategies, and stable production patterns, resulting in marginal price growth rather than strong upward momentum.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q3 2024 the Testliner prices has been seeing a pullback, declining by 2.4% compared with Q2 2024, with FOB Nhava Sheva prices averaging between 365-375 USD per metric ton. After a strong first half, demand from converters and export channels has been stabilizing rather than growing, with industrial and FMCG packaging requirements remaining steady yet not expanding fast enough to absorb available supply. Export enquiries from major markets like China and Southeast Asia have been steady but cautious, with buyers managing inventories amid broader global containerboard price trend moderation.

Recycled paper costs have remained stable, offering limited raw material pressure to bolster pricing. Seasonal influences have been contributing to demand normalization as late summer and early autumn markets have seen slower agricultural shipments and subdued promotional packaging. Overall, the containerboard market for Testliner has been reflecting balanced to soft conditions, with ample supply, cautious procurement, and restrained price growth, resulting in a muted price chart movement and subdued market sentiment compared with the previous quarter.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q2 2024 the Testliner 140 GSM, FOB Montreal (Canada), priceshas risen by 4% over Q1 2024, driven by stronger seasonal consumption and tightening supply-demand fundamentals. Corrugated box demand linked to fresh produce exports, beverage distribution, and retail replenishment has been accelerating ahead of peak summer trade flows. Recovered paper prices have been trending upward amid improved scrap collection demand, reinforcing cost-push pressure on mills. Operating rates have been increasing to meet stronger domestic and export orders while maintaining disciplined inventory control. Buyers have been actively rebuilding stocks in anticipation of higher logistics activity. Overall, the global packaging environment has been reflecting seasonal expansion, firmer trade flows, and improved downstream visibility, resulting in strengthened pricing sentiment and moderate optimism across major producing regions.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q2 2024 the Testliner prices has been strengthening by 4.2% compared with Q1 2024, with FOB Nhava Sheva prices averaging between 370-390 USD per metric ton. The price trend has been gaining momentum as converters have been increasing procurement to meet seasonal peaks in agricultural exports, beverage packaging, and rising FMCG shipments. Ecommerce growth has also been contributing to stronger demand for corrugated boxes, supporting upward movements in the price chart and overall market sentiment. Export activity to key markets such as China, Southeast Asia, and the Middle East has been improving, reflecting broader containerboard market expansion and heightened logistics activity in previous quarters. Recycled paper prices have been moderately firm due to supply demand balance in fiber markets, providing cost push support to liners. Seasonality has been favorable, with summer trade and agricultural export cycles supporting higher volumes and reinforcing price momentum. Overall, the testliner market has been reflecting healthier fundamentals, balanced supply and improved downstream confidence, consistent with containerboard market forecasts that project growth driven by industrial and consumer packaging demand.

According to the 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q1 2024 the Testliner 140 GSM, FOB Montreal (Canada), prices has been increasing by 2% compared with Q4 2023, as gradual recovery in corrugated packaging demand has been supporting price stabilization across major regions. Converters have been cautiously restocking inventories following year-end destocking, particularly for food & beverage, FMCG, and e-commerce applications. Recovered paper prices, the main raw material for Testliner, have been firming slightly due to tighter winter collection volumes, providing moderate cost support to mills. Producers have been maintaining balanced operating rates to align production with improving order inflows while preventing excess inventory. Export inquiries have been stable, especially for agricultural and processed food shipments. Overall, the global packaging sector has been showing early signs of stabilization, with moderate trade activity, controlled inventories, and gradually improving business confidence contributing to a cautiously firm market condition.

According to 𝐏𝐫𝐢𝐜𝐞 𝐖𝐚𝐭𝐜𝐡™, In Q1 2024 the Testliner prices has been rising by 1% compared with Q4 2023, with FOB Nhava Sheva prices averaging between 360-370 USD per metric ton. After the holiday season, downstream converters and corrugated box producers have been restocking cautiously, leading to modest improvements in price trend and stable shipments for FMCG, food & beverage, and retail packaging. Exporters have been observing steady demand from Southeast Asia and the Middle East, supported by broader containerboard market growth and a shift toward sustainable packaging solutions amidst regulatory pushes for recyclable materials. India’s structural containerboard price chart has shown gradual improvement, underpinned by evolving demand and balanced supply. Recycled paper feedstock availability has remained stable with moderate cost pressure, helping mills manage operating rates effectively and avoid oversupply. Seasonality has been a positive factor, as Q1 typically sees replenishment after yearend destocking, supporting modest demand growth. Overall, the market has been reflecting cautious optimism, with balanced supply demand dynamics and a steady price trend, aligning with forecasts of steady containerboard market expansion driven by ecommerce and sustainability trends.

Technical Specifications of Testliner Price Trends

Product Description

Testliner is a type of recycled paperboard primarily used as the outer liner in corrugated cardboard, made from recovered fibers such as old newspapers, magazines, or office waste. Testliner is moderately strong, with sufficient tensile and burst strength for most standard packaging and has a slightly rough surface suitable for printing. It is fully recyclable, cost-effective, and environmentally friendly, making it ideal for shipping cartoons, retail boxes, storage boxes, and other eco-conscious packaging applications. While it provides structural support and protection in corrugated sheets, it has limited moisture resistance and may require coating for wet conditions yet remains widely used in sustainable packaging and other paperboard products like trays or dividers.

Identifiers and Classification:

CAS No: 65996-61-4

HS Code: 48052400

Molecular Formula: Not applicable (natural polymeric mixture of cellulose)

Molecular Weight: Variable (approx. 157,800–350,000 kDa for cellulose polymer chains)

Testliner Synonyms:

  • Recycled linerboard
  • Recycled liner
  • Recycled corrugated linerboard
  • Secondary fiber linerboard
  • Waste-based linerboard
  • Brown recycled linerboard


Testliner Grades Specific Price Assessment:

  • Testliner 140 GSM
  • Testliner 175 GSM


Testliner Global Trade and Shipment Terms:

  • Quotation Terms (Product & Country Specific): 25-28 MT
  • Packaging Type (Product & Country Specific): Jumbo Rolls


Incoterms Referenced in Unbleached Kraftliner Price Reporting:

Shipping Term  Location  Definition 
FOB Laem Chabang  Laem Chabang, Thailand  Testliner Export price from Thailand 
CIF Shanghai (Vietnam)  Shanghai, China  Testliner Import price in China from Vietnam 
CIF Shanghai (Thailand)  Shanghai, China  Testliner Import price in China from Thailand 
FOB Nhava Sheva  Nhava sheva, India  Testliner Export price from India 
FOB Haiphong  Haiphong, Vietnam  Testliner Export price from Vietnam 
CIF Colombo (India)  Colombo, Shri Lanka  Testliner Import price in Shri lanka from India 
CIF Jabel Ali (India)   Jabel Ali, United Arab Emirates  Testliner Import price in United Arab Emirates from India 
FOB Montreal  Montreal, Canada  Testliner Export price from Canada 
CIF Houston (Canada)  Houston, United state of America  Testliner Import price in United state of America from Canada 
FD Hamburg   Hamburg, Germany  Domestically Traded Testliner Price in Germany 
FD Southampton  Southampton, UK  Domestically Traded Testliner Price in UK 
FD Gdynia  Gdynia, Poland  Domestically Traded Testliner Price in Poland 
FD Marseille  Marseille, France  Domestically Traded Testliner Price in France 
FD Genoa  Genoa, Italy  Domestically Traded Testliner Price in Italy 
CIF Callao (Canada)  Callao, Peru  Testliner Import price in Peru from Canada 
CIF Jubail (India)  Jubail, Saudi Arabia  Testliner Import price in Saudi Arabia from India 

Quotation Terms refers to the quantity range specified for the Testliner being quoted or offered in a commercial transaction.

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

Testliner Mills and their brands:

Brand Name  Mills 
NA  Papierfabrik Palm GmbH & Co KG 
NA  Klingele Paper & Packaging SE & Co. KG 
NA  Siam Kraft Industry Co., Ltd, 
LEIPA Classic brown  LEIPA Group 
Austro  W. Hamburger GmbH 
NA  Paxert LLP 
NA  Bell Multi Kraft Pvt. Ltd 
NA  Sri Andal Paper Mills, jagdamba paper mill, 
NA  Thuan An Paper 
NA  Sai Gon Paper Corporation 

Testliner Industrial Applications

Historically, several events have caused significant fluctuations in Testliner prices

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global testliner price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the testliner 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 testliner prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely testliner market data.

Track Price Watch's™ testliner 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.

Testliner 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.

Testliner is a recycled linerboard made primarily from recovered paper fibers and used as the outer layer of corrugated boxes. Its price matters because it directly impacts packaging costs for industries such as e-commerce, FMCG, food & beverage, logistics, and manufacturing. Since corrugated packaging is widely used across supply chains, fluctuations in Testliner prices can significantly influence overall product and shipping costs. Price Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

Testliner prices vary by region, GSM (grammage), strength properties, recycled fiber availability, and supply–demand dynamics. Prices are typically quoted per metric ton and fluctuate due to changes in waste paper costs, energy prices, freight rates, and corrugated box demand. Price Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

The global Testliner market is growing steadily, driven by expanding e-commerce, sustainable packaging initiatives, and increased demand for corrugated boxes. Market dynamics are influenced by recycled fiber prices, containerboard capacity changes, environmental regulations, energy costs, and seasonal packaging demand. Asia-Pacific and emerging economies continue to show strong growth momentum.

The largest buyers of Testliner are corrugated box manufacturers producing shipping cartons and industrial packaging. E-commerce and retail logistics companies rely heavily on corrugated boxes made with Testliner. Food and beverage companies use it for secondary packaging, while consumer goods, electronics, and agricultural exporters depend on it for safe product transportation. Price Watch™ analyses demand patterns across all these industries.

Testliner is produced in paper mills using recycled fibers obtained from recovered paper such as old, corrugated containers and mixed paper waste. The fibers are pulped, cleaned, formed into heavy paperboard sheets, pressed, dried, and rolled into large reels.

The largest exporter of Testliner is Germany, which accounts for the highest share of global exports of uncoated recycled linerboard products, followed by other European countries such as Spain, France and Poland. Price Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Global supply generally aligns with demand, but temporary tightness can occur during peak shipping seasons or when mills undergo maintenance shutdowns. Fluctuations in recycled fiber availability and strong e-commerce growth can also create short-term supply imbalances. Capacity expansions in Asia and Europe have improved long-term supply stability. Price Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Testliner grades vary based on strength, GSM, recycled fiber quality, and surface finish. Higher-strength or heavier-GSM grades are more expensive due to improved durability and performance. Prices also differ based on production technology, moisture resistance treatments, and regional demand conditions. Price Watch™ provides separate price assessments for different Testliner grades to ensure clear market benchmarking and transparency.

A sudden increase in demand often driven by e-commerce growth or seasonal shipping peaks can result in price hikes, longer lead times, and tighter supply conditions. Mills may raise operating rates or adjust export allocations. Regional price differences may widen during such periods Price Watch™ captures these market dynamics in real-time.

Energy is a significant cost component in recycled fiber processing and paper drying operations. Increases in electricity, natural gas, or fuel costs raise mill production expenses, which can push Testliner prices upward. Stable energy markets typically support price stability, a correlation that Price Watch™ analyses in its price assessments & market reports.

Regional price variations arise from differences in recycled fiber availability, freight costs, import/export duties, local supply–demand balances, currency fluctuations, and environmental regulations. Regions dependent on imported waste paper or finished linerboard often experience higher volatility. Price Watch™ tracks prices across all major regions to highlight these differences.

The Testliner market outlook remains supported by steady packaging demand and sustainability-driven substitution of plastic packaging. However, prices may remain volatile due to fluctuations in recycled fiber costs, energy markets, and global trade conditions. Seasonal demand spikes and new capacity additions can influence short-term price trends. 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. Accurate price forecasts allow companies to optimize procurement timing, negotiate better contracts, and manage budgeting effectively. 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 such as trade restrictions, environmental policies, geopolitical tensions, energy crises, and economic slowdowns can affect recycled fiber availability, freight costs, and packaging demand. Weather disruptions impacting waste paper collection or transportation can also influence supply. 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 Testliner industry.

Access Real-Time Testliner Price Trends
Access Real-Time Testliner Price Trends