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White Back Duplex Board Price Trend and Forecast

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

white back duplex board Price Trends by Country

inIndia
idIndonesia
myMalaysia
cnChina
bdBangladesh
vnVietnam

Global white back duplex board Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for White Back Duplex Board across top trading regions:

White Back Duplex Board Regional Coverage White Back Duplex Board Grade and Country Coverage White Back Duplex Board Pricing Data Coverage Explanation
Asia White Back Duplex Board Pricing Analysis White Back Duplex Board 285–400 GSM Ex-Morbi Bulk (1.19–1.26) Domestic Prices, West India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Morbi, West India, India
White Back Duplex Board 250–284 GSM Ex-Morbi Bulk (1.16–1.20) Domestic Prices, West India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Morbi, West India, India
White Back Duplex Board 250–284 GSM Ex-Coimbatore Bulk (1.16–1.19) Domestic Prices, South India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Coimbatore, South India, India
White Back Duplex Board 285–400 GSM Ex-Coimbatore Bulk (1.19–1.27) Domestic Prices, South India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Coimbatore, South India, India
White Back Duplex Board 285–400 GSM Ex-Kashipur Bulk (1.16–1.21) Domestic Prices, North India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Kashipur, North India, India
White Back Duplex Board 250–284 GSM Ex-Kashipur Bulk (1.15–1.16) Domestic Prices, North India, India Weekly Price Update on White Back Duplex Board Real-Time Domestic Prices in Kashipur, North India, India
White Back Duplex Board 285–400 GSM FOB Prices at Mundra Port, West India, India Weekly Price Update on White Back Duplex Board Real-Time Export Prices from Mundra Port, West India, India to Global Markets
White Back Duplex Board 250–284 GSM FOB Prices at Mundra Port, West India, India Weekly Price Update on White Back Duplex Board Real-Time Export Prices from Mundra Port, West India, India to Global Markets
White Back Duplex Board 230–250 GSM Bulk (1.15–1.18) CIF Prices at Jakarta Port, Indonesia, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Jakarta Port, Indonesia from China
White Back Duplex Board 285–400 GSM Bulk (1.18–1.24) CIF Prices at Jakarta Port, Indonesia, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Jakarta Port, Indonesia from China
White Back Duplex Board 285–400 GSM Bulk (1.18–1.24) CIF Prices at Kelang Port, Malaysia, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Kelang Port, Malaysia from China
White Back Duplex Board 230–250 GSM Bulk (1.15–1.18) CIF Prices at Kelang Port, Malaysia, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Kelang Port, Malaysia from China
White Back Duplex Board 230–250 GSM Bulk (1.15–1.18) FOB Prices at Qingdao Port, China Weekly Price Update on White Back Duplex Board Real-Time Export Prices from Qingdao Port, China to Global Markets
White Back Duplex Board 285–400 GSM Bulk (1.18–1.24) FOB Prices at Qingdao Port, China Weekly Price Update on White Back Duplex Board Real-Time Export Prices from Qingdao Port, China to Global Markets
White Back Duplex Board 230–250 GSM Bulk (1.15–1.18) CIF Prices at Chittagong Port, Bangladesh, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Chittagong Port, Bangladesh from China
White Back Duplex Board 285–400 GSM Bulk (1.18–1.24) CIF Prices at Chittagong Port, Bangladesh, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Chittagong Port, Bangladesh from China
White Back Duplex Board 230–250 GSM Bulk (1.15–1.18) CIF Prices at Haiphong Port, Vietnam, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Haiphong Port, Vietnam from China
White Back Duplex Board 285–400 GSM Bulk (1.18–1.24) CIF Prices at Haiphong Port, Vietnam, Importing from China Weekly Price Update on White Back Duplex Board Real-Time Import Prices at Haiphong Port, Vietnam from China

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.

White Back Duplex Board Price Trend Q1 2026

The global White Back Duplex Board market experienced a slight drop in prices with an overall decline of about 0.10% from Q4 to Q1 2026; indicating that while the market remains fairly stable, there has also been some softness.

The primary factor affecting prices this quarter has been modest pricing pressures driven by increased global supply due to continued strong production capacity primarily from Asia (China and Southeast Asia), creating sufficient inventories to support optimistic demand for most major end-use sectors including Food & Drinks, FMCG, Retail, etc., which did not see any major changes in buyer behavior or buying patterns compared to previous quarters.

Even with positive signs of post-holiday recovery coupled with various government policies that support investments within select regions, inventories continue to be high with supplier performances remaining stable enough while establishing and maintaining levels of inventory and production; thus limiting upward price movement even though some cost conditions such as pulp/raw material availability and Transportation were contributing to increased costs.

Overall, this quarter reflected a fundamental mismatch between supply and demand with very little trading occurring, and therefore, price declines were consistent with seasonal/monthly patterns.

China: White Back Duplex Board export Prices FOB Qingdao, China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q1 2026, the White Back Duplex Board price trend in China experienced a marginal price decline of around 1% on an FOB Qingdao basis compared to Q4 2025, reflecting cautious market conditions despite policy support and post-holiday recovery. In January, fiscal stimulus announcements improved sentiment, but demand remained limited as packaging sectors continued need-based procurement.

In February, the Lunar New Year slowdown reduced mill operations and weakened wastepaper demand, which eased input costs but did not improve pricing due to subdued end-user consumption. By March, corrugated paper prices increased due to mill-led hikes and restocking, but duplex board lagged amid moderate FMCG and retail demand, stable production, and sufficient inventories.

In March 2026, White Back Duplex board prices in China have risen by 0.28% compared to February due to slight restocking and marginal cost support. Overall, balanced-to-long supply conditions, cautious sentiment, and weak demand recovery led to a slight quarterly price decline despite limited monthly improvement.

India: White Back Duplex Board Domestically Traded Prices Ex-Kashipur, India; Grade White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21)

In Q1 2026, the White Back Duplex Board price trend in India, on an Ex-Kashipur, India basis, witnessed a price increase of around 2% compared to Q4 2025, driven by rising feedstock costs and persistent supply disruptions despite moderate demand. Key inputs such as recovered paper, recycled fiber, and wood pulp faced upward pressure due to constrained imports and firm domestic sourcing.

Geopolitical tensions in the Middle East, particularly the US–Israel conflict with Iran, disrupted recovered paper shipments, causing delays and supply uncertainty. Rising energy, fuel, and logistics costs further increased production expenses for mills. On the supply side, production remained stable but was constrained by inconsistent raw material inflows and higher operating costs.

Demand from FMCG and packaging sectors stayed moderate, with cautious procurement. In March 2026, White Back Duplex board prices in India have increased by 6.26% compared to February due to supply constraints and higher input costs. Overall, tightening supply and elevated costs supported the upward price trend during the quarter.

Malaysia: White Back Duplex Board Imported Prices CIF Kelang, Malaysia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q1 2026, White Back Duplex Board prices in Malaysia declined slightly by around 1% on a CIF Kelang basis compared with Q4 2025, reflecting balanced market fundamentals despite persistent cost pressures.

The White Back Duplex Board price trend in Malaysia remained mildly soft, as stable imports from China and other regional suppliers, alongside consistent domestic production, ensured adequate market availability.

Demand from FMCG packaging, food cartons, and retail sectors stayed moderate, with buyers continuing cautious, need-based procurement strategies. Meanwhile, fluctuations in recovered paper, recycled fibre, and virgin wood pulp costs, combined with higher energy, freight, and logistics expenses, added pressure to production economics.

In March 2026, White Back Duplex Board prices in Malaysia increased marginally by around 0.26% month-on-month, supported by slight restocking activity and limited cost pass-through.

Indonesia: White Back Duplex Board Imported Prices CIF Jakarta, Indonesia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q1 2026, White Back Duplex Board prices in Indonesia declined marginally by around 0.90% on a CIF Jakarta basis compared with Q4 2025, reflecting a relatively balanced yet slightly soft market environment.

The White Back Duplex Board price trend in Indonesia remained stable overall, supported by strong domestic production from integrated pulp and paper manufacturers with secure raw material sourcing and consistent operating rates.

Demand from FMCG, food packaging, and retail sectors stayed moderate, with buyers continuing disciplined, need-based procurement amid cautious market sentiment. Stable export activity alongside selective imports of premium grades helped maintain overall supply-demand balance.

Meanwhile, fluctuations in pulp, recovered paper, energy, and logistics costs created moderate pressure, although competitive market conditions restricted significant price pass-through. In March 2026, White Back Duplex Board prices in Indonesia edged up by approximately 0.27% month-on-month, supported by slight restocking activity and marginal cost support.

Bangladesh: White Back Duplex Board Imported Prices CIF Chittagong, Bangladesh from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

According to Price-Watch™, in Bangladesh, White Back Duplex Board (WDB) prices have risen by roughly 2.52% in Q1 2026 compared to Q4 2025, indicating a moderately strong market condition. The general price trend of White Back Duplex Board in Bangladesh has been upward, supported by a reduction in regional supply and available supply costs due to firmer prices of imports from key Asian suppliers.

The market continues to have a relatively high reliance on imported WDB from China & Southeast Asia, where government control of export availability directly impacts regional pricing dynamics. Demand for WDB from major end-use sectors, including FMCG packaging, food cartons, and consumer goods, remained fairly stable, but converters tended to follow a cautious, requirement-based procurement approach.

The price of the primary feedstock (recovered paper & pulp) has continued to exhibit volatility, which provides underlying cost support to the price of imports. In March 2026, the price of White Back Duplex Board in Bangladesh rose approximately 12.18% month-on-month due to restocking efforts, reduced imports, and increased downstream buying interest.

Vietnam: White Back Duplex Board Imported Prices CIF Haiphong, Vietnam from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

Prices of White Back Duplex Board in Vietnam, as of Q1 2026, decreased slightly between Q4 2025 and Q1 2026, more than 3.06% on CIF Haiphong basis. The continued low activity of the overall economy has added downward pressure on price trends in the country for White Back Duplex Board from overseas (China and other Asian countries) in order to secure availability of this commodity to the Vietnam domestic market.

In addition, demand for this product from the food, drinks, and retail packaging sectors is still moderate, and converters are only replacing material when absolutely necessary. Pricing for feedstock material (like recovered fiber and/or pulp) used to produce White Back Duplex Board continues at a relatively constant level, without sufficient price increase support due to competitive regional pricing and aggressive competitor import supply.

In March 2026, White Back Duplex Board prices in Vietnam fell by approximately 3.52% MoM, due to slow purchasing levels of stocks, excess inventories, and continuing downward pressure from imports.

White Back Duplex Board Price Trend Analysis: Q4 2025

In Q4 2025 the global White Back Duplex Board market has been strengthening slightly, registering a 2.5% increase from the previous quarter Q3 2024. The improvement has been supported by seasonal demand growth from retail packaging, promotional packaging, and holiday-related consumer product sales.

Packaging converters have been increasing purchasing volumes to meet higher carton production requirements during the year-end consumption period. Feedstock conditions including recovered paper availability have been remaining moderately firm, providing some cost support for board manufacturers.

Mills have been maintaining steady production rates while carefully managing inventories to capture the seasonal demand surge. Export sentiment has been improving gradually as buyers across several regions have been securing supply ahead of the peak retail season.

Overall, the market has been displaying a moderately firm tone, supported by seasonal demand recovery and relatively stable supply conditions during the quarter.

China: White Back Duplex Board export Prices FOB Qingdao, China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q4 2025, White Back Duplex Board prices in China remained largely stable compared to Q3, reflecting balanced market fundamentals and controlled trading activity. The White Back Duplex Board price trend in China was supported by steady downstream demand from FMCG, food carton, and retail packaging sectors, although buying momentum remained insufficient to trigger notable price movement.

Producers maintained stable operating rates while prioritizing inventory clearance and export commitments, contributing to adequate market supply. Stable recovered paper and pulp costs provided minimal cost-push pressure, while buyers continued procurement on a need-based basis amid cautious sentiment.

In December 2025, White Back Duplex Board prices in China declined slightly on a month-on-month basis, indicating softer year-end purchasing activity.

India: White Back Duplex Board Domestically Traded Prices Ex-Kashipur, India; Grade White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21)

In Q4 2025, the White Back Duplex Board price trend in India, on an Ex-Kashipur India, basis, has been witnessing a mild upward movement, with prices registering an increase of 1% from the previous quarter Q3 2025.

The market has been reflecting improved seasonal demand as packaging converters have been increasing procurement to support festive retail sales and promotional packaging activities. Downstream demand from FMCG, food packaging, and consumer goods industries has been strengthening gradually during the quarter.

Feedstock availability has been relatively balanced, while recovered paper prices have been remaining moderately firm, offering steady cost support to producers. Mills have been maintaining stable operating rates to meet the seasonal rise in packaging demand while ensuring adequate supply availability.

Overall, the market has been maintaining a cautiously firm tone with steady demand growth and balanced supply conditions contributing to the modest price increase during the quarter. Over the course of the quarter, White back Duplex Board prices in India have been drifting downward on a monthly basis, with December 2025 prices decreased by 1% compared with November 2025.

Malaysia: White Back Duplex Board Imported Prices CIF Kelang, Malaysia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q4 2025, White Back Duplex Board prices in Malaysia remained largely stable, recording a marginal increase of around 0.1% compared to Q3, reflecting balanced regional trade conditions.

The White Back Duplex Board price trend in Malaysia was supported by consistent import arrivals from India and stable downstream demand from FMCG packaging, food cartons, and retail packaging sectors.

Buyers and converters maintained disciplined procurement strategies, focusing primarily on immediate requirements while avoiding excess stock accumulation. Stable recovered paper and pulp costs exerted minimal pressure on pricing, contributing to controlled market movement throughout the quarter.

In December 2025, White Back Duplex Board prices in Malaysia declined slightly on a month-on-month basis, indicating softer year-end buying activity.

Indonesia: White Back Duplex Board Imported Prices CIF Jakarta, Indonesia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q4 2025, White Back Duplex Board prices in Indonesia recorded a marginal increase of around 0.1% compared to Q3, reflecting a broadly balanced market environment. The White Back Duplex Board price trend in Indonesia remained stable as consistent import shipments from China supported adequate supply, while downstream demand from FMCG, food, and retail packaging sectors maintained a steady pace.

Buyers and converters continued adopting measured procurement strategies, prioritizing immediate requirements over bulk inventory accumulation. Stable recovered paper and pulp costs exerted minimal pressure on pricing, contributing to controlled market movement during the quarter.

In December 2025, White Back Duplex Board prices in Indonesia declined slightly on a month-on-month basis, indicating cautious year-end purchasing activity.

Bangladesh: White Back Duplex Board Imported Prices CIF Chittagong, Bangladesh from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q4 2025, White Back Duplex Board prices in Bangladesh recorded a decline of around 3% compared to Q3, reflecting a moderately soft market environment. The White Back Duplex Board price trend in Bangladesh remained under slight pressure as downstream demand from FMCG packaging, food cartons, and consumer goods sectors moderated amid seasonal order slowdowns.

Converters adopted cautious procurement strategies, focusing on controlled purchasing activity rather than aggressive inventory building. Stable recovered paper and pulp costs provided limited support to pricing, while Chinese exporters adjusted production levels to align with regional demand conditions.

In December 2025, White Back Duplex Board prices in Bangladesh softened further on a month-on-month basis, indicating restrained year-end buying sentiment.

Vietnam: White Back Duplex Board Imported Prices CIF Haiphong, Vietnam from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q4 2025, the White Back Duplex Board market in Vietnam has been witnessing a modest softening, with prices declining on a CIF Haiphong basis, marking a 3% decrease from Q3 2025. Throughout the quarter, prices have been gradually adjusting as import shipments from China have been arriving regularly, while downstream demand from FMCG packaging, food cartons, and retail sectors has been showing cautious buying amid seasonal slowdowns.

Buyers and converters have been maintaining measured procurement strategies, placing orders based on immediate requirements to prevent inventory accumulation. Feedstock costs, particularly recovered paper and pulp, have been remaining stable, providing minimal support for pricing.

On a month-on-month basis, In December 2025, White back Duplex Board prices in Vietnam have been decreasing by 2% compared with November 2025. Overall, the market has been reflecting a mildly soft trend, driven by cautious downstream demand, stable import supply, and predictable logistics.

In Q3 2025, the global White Back Duplex Board market has been showing a largely stable trend, recording a marginal 0.1% increase from the previous quarter Q2 2025. The market has been experiencing balanced conditions as steady packaging demand has been aligning closely with available supply levels.

Packaging converters serving FMCG, food packaging, and consumer goods industries have been maintaining consistent procurement patterns while managing inventory levels cautiously. Feedstock costs for recycled fiber have been remaining relatively stable, providing limited cost fluctuations for producers.

Paper mills have been operating at moderate capacity utilization rates to maintain supply discipline and prevent inventory buildup. Export trading activity has been moderate, with buyers showing selective purchasing amid adequate supply availability.

Overall, the market sentiment has been neutral, reflecting a stable demand environment and balanced supply dynamics throughout the quarter.

China: White Back Duplex Board export Prices FOB Qingdao, China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q3 2025, the White Back Duplex Board price trend has been witnessing a modest upward movement of around 2% during Q3 2025 on an FOB Qingdao basis, reflecting gradually improving trading conditions in the regional paperboard market.

Throughout the quarter, prices have been maintaining a slightly firm trajectory as demand from downstream sectors such as FMCG packaging, food cartons, and consumer goods packaging has been showing steady but measured improvement.

Market participants have been adopting cautious procurement strategies while maintaining balanced inventory levels, which has been contributing to controlled buying activity. The market sentiment has been supported by stable waste paper and pulp cost dynamics along with disciplined production rates among major board manufacturers.

Export inquiries from Asian have been providing moderate support to overall demand. Toward the end of the quarter, in September 2025, prices have been increasing by nearly 3% on a month-on-month basis, driven by improved shipment bookings, gradual restocking activity among converters, and relatively firm domestic offers.

Overall, the market has been reflecting a mildly firm trend, supported by steady demand and stable raw material costs, with expectations of continued cautious buying from export markets.

India: White Back Duplex Board Domestically Traded Prices Ex-Kashipur, India; Grade- White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21)

In Q3 2025, the White Back Duplex Board market in India, on an Ex-Kashipur basis, has been showing a relatively stable trend, with prices registering an increase of 1% from the previous quarter Q2 2025. The market has been experiencing balanced trading conditions as packaging converters have been maintaining steady procurement patterns to meet ongoing carton production requirements.

Demand from FMCG packaging, processed food cartons, and retail packaging applications has been consistent, supporting stable consumption levels in the domestic market. Feedstock recovered paper costs have been remaining largely stable, offering limited cost fluctuations for board producers.

Mills have been operating at moderate production levels to maintain supply balance while avoiding excessive inventory buildup. Overall market sentiment has been neutral to slightly firm with steady downstream demand and balanced supply conditions maintaining stable pricing throughout the quarter.

Over the course of the quarter, prices have been moving upward month on month, with September levels increasing by 2% compared with August 2025 amid steady packaging demand.

Malaysia: White Back Duplex Board Imported Prices CIF Kelang, Malaysia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q3 2025, the White Back Duplex Board price trend has been showing a steady rise of around 2% on a CIF Kelang basis, extending the upward momentum that started in Q2 2025. Throughout the quarter, prices have been moving within a relatively consistent range, supported by regular import shipments from India and well-balanced supply conditions in the local market.

Demand from key downstream sectors such as FMCG packaging, food cartons, and consumer goods packaging has been gradually improving, while converters have been exercising cautious procurement amid moderate order flows. Price support has been coming from stable recovered paper and pulp costs, disciplined operating rates among Indian exporters, and measured restocking activity from buyers.

Seasonal expectations for higher demand due to festive packaging have been contributing to a generally positive market sentiment. On a monthly basis, September 2025 prices have been increasing by approximately 3% compared with August. Overall, the market has been reflecting a moderately firm trend, sustained by stable demand and consistent import supply.

Indonesia: White Back Duplex Board Imported Prices CIF Jakarta, Indonesia from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q3, the White Back Duplex Board price trend has been showing a slight decline of around 0.2% on a CIF Jakarta basis, continuing the softening momentum that began in Q2 2025. Throughout the quarter, prices have been remaining relatively stable, supported by regular shipments from China and balanced supply availability in the domestic market.

Demand from key downstream sectors such as FMCG packaging, food cartons, and consumer goods packaging has been moderate, with converters maintaining cautious procurement amid steady but controlled order flows.

Pricing pressure has been influenced by stable recovered paper and pulp feedstock costs, disciplined operating rates among Chinese exporters, and limited restocking activity from buyers. Seasonal expectations for stronger packaging demand have not been fully realized, keeping overall market sentiment neutral.

On a monthly basis, September 2025 prices have been increasing by 3% compared with August 2025. Overall, the market has been reflecting a neutral trend, characterized by steady supply and moderate downstream demand.

Bangladesh: White Back Duplex Board Imported Prices CIF Chittagong, Bangladesh from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q3 2025, White Back Duplex Board prices in Bangladesh have been marking a 4.5% increase from Q2 2025. The market has been experiencing steady downstream demand from FMCG packaging, food cartons, and consumer goods packaging sectors, as Bangladeshi converters have been gradually replenishing inventories following cautious buying earlier in the year.

Upstream feedstock, including recovered paper and pulp, has been remaining stable, offering moderate cost support for mills, while Chinese exporters have been maintaining consistent production levels to meet regional requirements. On a month-on-month basis, prices have been firming steadily, with September levels increasing by around 6% from August 2025.

Overall, Q3 2025 has been reflecting a mildly firm market environment, characterized by balanced supply, improving downstream demand, disciplined production by exporters, and stable logistics supporting steady trade flows.

Vietnam: White Back Duplex Board Imported Prices CIF Haiphong, Vietnam from China; Grade- White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)

In Q3 2025, the White Back Duplex Board market in Vietnam has been witnessing a stable price trend, with prices remaining unchanged on a CIF Haiphong basis compared with Q2 2025.

Throughout the quarter, prices have been holding steady as import shipments from China have been arriving consistently and downstream demand from FMCG packaging, food cartons, and retail packaging has been maintaining a balanced pace.

Buyers and converters have been continuing cautious procurement strategies, focusing on immediate requirements while avoiding excess inventory buildup. Feedstock costs, particularly recovered paper and pulp, have been remaining stable, offering minimal cost support to prices.

On a monthly basis, September prices have been increasing by 1% compared with August 2025, reflecting steady import supply, controlled supplier quotations, and measured buying activity. Overall, the market has been reflecting a neutral trend, characterized by steady supply, balanced downstream demand, and stable trading conditions.

Global:

According to the Price-Watch™, in Q2 2025 the global White Back Duplex Board market has been continuing its upward movement, registering a 5% increase from the previous quarter Q1 2025. The market has been strengthening due to improving demand from packaging converters supplying the FMCG, food, and household goods industries.

Growing retail sales and expanding e-commerce packaging requirements have been contributing to stronger order flows for folding cartons and retail packaging materials. Feedstock availability has been moderately tightening in certain regions as recovered paper collection rates have fluctuated, which has been offering additional cost support for producers.

Mills across Asia have been maintaining steady to slightly higher operating rates to meet the stronger demand environment. Export activity has been improving as buyers from emerging markets have been seeking reliable supply amid growing packaging consumption. Overall, the market has been reflecting positive momentum as improved demand fundamentals and moderate raw material pressure have been supporting price gains during the quarter.

India:

According to the Price-Watch™, in Q2 2025, White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been witnessing a firm upward trend, with prices registering an increase of 4.5% from the previous quarter Q1 2025. The market has been experiencing stronger trading activity as packaging converters have been actively procuring material to support rising carton production requirements.

Demand from key downstream sectors including FMCG packaging, food and beverage cartons, and consumer goods packaging has been remaining robust, contributing to the strengthening market sentiment. Feedstock recovered paper prices have been moderately firm, which has been offering cost support to domestic manufacturers.

Mills have been maintaining disciplined supply strategies while operating at stable capacity utilization levels to meet steady domestic demand. Buyers have been showing preference for consistent supply and timely deliveries amid active packaging production cycles.

Overall, the market has been maintaining a firm tone supported by healthy demand and supportive feedstock dynamics. Over the course of the quarter, prices have been remaining stable in June 2025 on a monthly basis compared with May 2025.

Global:

According to the Price-Watch™, in Q1 2025 the global White Back Duplex Board market has been strengthening further, recording a 4.5% increase from the previous quarter Q4 2024. The market has been gaining momentum as packaging demand has been improving following the holiday season restocking cycle and steady retail sales.

Downstream sectors including FMCG packaging, pharmaceutical cartons, and consumer product packaging have been placing consistent orders, supporting stable board consumption. Feedstock costs for recovered paper have been gradually firming, providing cost support to board manufacturers.

Paper mills have been maintaining moderate to firm operating rates to meet steady demand while also managing supply levels efficiently. Export sentiment has been improving moderately as buyers across developing markets have been increasing procurement in anticipation of stable packaging demand during the early part of the year.

Overall market sentiment has been turning firmer as healthy demand fundamentals and manageable supply conditions have been supporting the price increase during the quarter.

India:

According to Price-Watch™, in Q1 2025, White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been witnessing a noticeable recovery, with prices registering an increase of 4% from the previous quarter Q4 2024. The market has been strengthening as packaging converters have been gradually increasing procurement following earlier inventory adjustments.

Demand from FMCG packaging, food cartons, and consumer product packaging has been improving as retail consumption and manufacturing activities have been gaining momentum. Feedstock costs for recovered paper have been firming slightly, offering cost support to board producers. Mills have been maintaining steady to firm operating rates to meet improving domestic demand while ensuring stable supply levels.

Trading activity has been showing improvement as buyers have been returning to the market to secure supply for ongoing packaging requirements. Overall, the market has been reflecting a firmer tone supported by improved demand fundamentals and moderate raw material cost pressure. Over the course of the quarter, on monthly basis prices have been remaining stable in March 2025 with no changes compared with February 2025.

White Back Duplex Board Price Trend Analysis: Q4 2024

Global:

According to the Price-Watch™, in Q4 2024 the global White Back Duplex Board market has been demonstrating modest recovery, registering a 1% increase from the previous quarter Q3 2024. The improvement has been supported by seasonal packaging demand associated with year-end retail sales, festive consumption, and promotional packaging activities. Packaging converters and brand owners have been gradually increasing purchasing volumes to support higher packaging requirements during the holiday period. Feedstock availability including recovered fiber and recycled pulp has been remaining stable, while energy costs have been showing moderate fluctuations. Paper mills in major producing regions have been maintaining steady operating rates to meet seasonal demand without creating excessive inventories. Export trading activity has been improving slightly as buyers in certain emerging markets have been returning to secure supply ahead of the holiday demand cycle. Overall, the market has been reflecting a balanced tone with steady consumption and controlled production levels contributing to a mild upward price movement during the quarter.

India:

According to the Price-Watch™, in Q4 2024, White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been witnessing a marginal decline, with prices registering a decrease of around 0.5% from the previous quarter Q3 204. The market has been experiencing relatively stable trading conditions as seasonal packaging demand from FMCG and retail sectors has been supporting consistent consumption. Packaging converters have been maintaining steady procurement to meet carton production requirements for festive retail sales and promotional packaging activities. Feedstock conditions have been stable with recovered paper prices showing limited fluctuations, which has been keeping production costs manageable for manufacturers. Mills have been operating at moderate capacity utilization while maintaining supply discipline in the domestic market. Despite steady demand fundamentals, competitive supply availability has been preventing significant price improvement. Overall, the market has been maintaining a balanced yet slightly soft tone with steady downstream demand and controlled production influencing pricing during the quarter. On a monthly basis, Prices have been remaining stable in December 2024 compared to November 2024, with no noticeable changes observed during the period.

Global:

According to Price-Watch™, in Q3 2024 the global White Back Duplex Board market has been continuing to show slight softness, recording a marginal decline of 0.5% from the previous quarter Q2 2024. The sector has been experiencing subdued demand momentum from packaging converters as purchasing activity has been restrained across several regional markets. Downstream industries such as food packaging, household goods, and consumer product packaging have been maintaining steady consumption, but procurement volumes have been limited due to existing inventory levels and cautious buying behaviour. Feedstock recovered paper costs have been remaining stable, offering minimal cost fluctuations for manufacturers. Paper mills have been managing production cautiously, with some producers reducing output slightly to align with the slower demand environment. Export opportunities have been limited as several international markets have also been facing similar demand moderation. Overall market sentiment has been remaining neutral to slightly soft, with sufficient supply availability and moderate consumption patterns continuing to keep prices under slight pressure during the quarter.

India:

According to Price-Watch™, in Q3 2024 White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been continuing its soft trajectory, with prices registering a decline of 2% from the previous quarter Q2 2024. The sector has been experiencing subdued demand momentum as packaging converters have been maintaining limited procurement volumes amid moderate order inflow from downstream industries. Consumption from FMCG packaging, food cartons, and retail packaging applications has been steady but has not been strong enough to support price recovery. Feedstock recovered paper availability has been comfortable, which has been keeping raw material costs relatively stable for board producers. Mills have been cautiously managing operating rates to align production with demand conditions. Market participants have been reporting competitive pricing among suppliers, which has further influenced the downward price adjustment. Overall, the market has been reflecting a subdued tone with balanced feedstock costs and moderate supply levels contributing to the continued softness during the quarter. On a monthly basis, Prices have been remaining stable in September, with no changes observed after the decline recorded in August 2024.

Global:

According to the Price-Watch™, in Q2 2024 the global White Back Duplex Board market has been experiencing a mild correction, recording a 3.5% decline from the previous quarter Q1 2024. The market has been softening slightly as downstream packaging demand has been stabilizing after the earlier restocking cycle seen in the first quarter. Packaging converters and printing companies have been maintaining measured procurement strategies while monitoring order flows from FMCG, food packaging, and consumer product industries. Feedstock dynamics including wastepaper and recycled fiber costs have been remaining relatively steady, offering limited cost pressure for producers. Several paper mills have been maintaining balanced production levels, though some have been moderating operating rates to prevent surplus inventories in a moderately slow demand environment. Export activity has been steady but not particularly strong, with buyers showing preference for short-term purchasing rather than large volume commitments. Overall, the market has been reflecting a stable yet cautious sentiment as moderate supply availability and balanced raw material costs have been keeping price movements relatively contained during the quarter.

India:

According to Price-Watch™, In Q2 2024 White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been witnessing a moderate downward trend, with prices registering a decline of 2% from the previous quarter Q1 2024. The market has been experiencing slower procurement activity as packaging converters have been managing inventories carefully amid steady but controlled order flows. Demand from key downstream sectors including FMCG packaging, processed food cartons, and consumer product packaging has been remaining consistent but insufficient to absorb the available supply in the market. Feedstock conditions, particularly recovered paper prices, have been relatively stable, providing limited cost support for producers. Mills have been maintaining disciplined production levels while adjusting output slightly to avoid inventory accumulation. Trading sentiment has been cautious as buyers have been preferring short-term purchases rather than bulk commitments. Overall, the market has been reflecting a slightly bearish tone with comfortable supply and restrained buying activity shaping price movement during the quarter. On a monthly basis, Prices have been remaining stable in June 2024, with no changes observed after 1% increase recorded in May 2024.

Global:

According to Price-Watch™, in Q1 2024 the global White Back Duplex Board market has been witnessing a notable recovery, recording a 20.5% increase from the previous quarter Q4 2023. The market has been strengthening following the sharp correction observed in late 2023, with packaging converters and carton manufacturers gradually resuming procurement activities after a period of inventory adjustment. Demand from downstream sectors such as FMCG packaging, food and beverage cartons, and consumer goods packaging has been improving as retail consumption and manufacturing activities have been stabilizing across several regions. Feedstock conditions, particularly recovered paper and recycled fiber availability, have been remaining relatively balanced, providing moderate cost support for board producers. Mills across Asia and Europe have been adjusting operating rates carefully to align production with recovering demand while avoiding excessive stock accumulation. Export sentiment has been improving slightly as buyers in emerging markets have been returning to the market following earlier price corrections. Despite lingering cautious sentiment, the overall market tone has been turning firmer as restocking activity and steady packaging demand have been gradually supporting prices during the quarter.

India:

According to Price-Watch™, in Q1 2024 White Back Duplex Board 285-400 GSM, Bulk (1.16-1.21), prices has been continuing to show mild softness, with prices registering a decline of 1% from the previous quarter Q4 2023. Market participants have been experiencing cautious purchasing behaviour from packaging converters as order inflow from downstream sectors has been moderate. Demand from FMCG packaging, food packaging cartons, and consumer product packaging has been steady but has not generated significant momentum for price improvement. Feedstock costs for recovered paper and recycled fiber have been remaining largely stable, offering limited cost support to manufacturers. Paper mills have been maintaining moderate operating rates while ensuring inventory levels remain controlled. Export activity from certain mills has been limited, keeping the domestic market adequately supplied. Overall, the market has been reflecting a slightly weak sentiment with stable raw material costs and measured buying activity continuing to place mild pressure on prices. On a monthly basis, prices have been drifting slightly downward, with March levels falling by 3% compared with February 2024.

Technical Specifications of White Back Duplex Board Price Trends

Product Description

White Back Duplex Board is a widely used multi-layer paperboard packaging material known for its excellent stiffness, good printability, and cost-efficient structure. It is manufactured using a combination of recycled pulp layers with a coated white top surface, while the reverse side typically remains grey or off-white due to the recycled fiber content.

The board is produced through a layered papermaking process where the upper surface is coated with high-quality pulp to provide a smooth and printable finish, enabling sharp graphics, branding, and high-quality printing performance. White Back Duplex Board offers strong rigidity, good folding endurance, and adequate compression strength, making it suitable for carton conversion and packaging applications.

It also provides moderate resistance to grease and moisture when combined with coatings or laminations, ensuring product protection in various packaging environments. Its lightweight yet durable structure allows manufacturers to achieve cost-effective packaging while maintaining structural integrity.

Due to these functional properties, White Back Duplex Board is extensively used in folding cartons, retail packaging, food and beverage cartons, pharmaceutical packaging, FMCG packaging, electronics boxes, and garment packaging, where visual presentation, print quality, and structural strength are essential for commercial packaging solutions.

Identifiers and Classification:

  • HS Code: 48109200


White Back Duplex Board Synonyms:

  • Duplex Board White Back
  • Coated White Back Duplex Board
  • White Top Duplex Board
  • Recycled Duplex Paperboard
  • White Back Duplex Paperboard
  • White Surface Duplex Board
  • Coated Recycled Duplex Board


White Back Duplex Board Grades Specific Price Assessment:

  • White Back Duplex Board 285-400 GSM Bulk (1.19-1.26)
  • White Back Duplex Board 285-400 GSM Bulk (1.19-1.27)
  • White Back Duplex Board 285-400 GSM Bulk (1.18-1.24)
  • White Back Duplex Board 285-400 GSM Bulk (1.16-1.21)
  • White Back Duplex Board 250-284 GSM Bulk (1.16-1.19)
  • White Back Duplex Board 250-284 GSM Bulk (1.16-1.20)
  • White Back Duplex Board 230-250 GSM Bulk (1.15-1.18)


White Back Duplex Board Global Trade and Shipment Terms:

  • Quotation Terms (Product & Country Specific): 100-110 MT
  • Packaging Type (Product & Country Specific): Jumbo Rolls


Incoterms Referenced in White Back Duplex Board Price Reporting:

Shipping Term  Location  Definition 
EX-Morbi  Morbi, India   White Back Duplex Board Domestically traded price in India  
Ex-Coimbatore  Coimbatore, India  White Back Duplex Board Domestically traded price in India 
Ex- Kashipur  Kashipur, India  White Back Duplex Board Domestically traded price in India 
FOB Mundra  Mundra, India  White Back Duplex Board Export Price in India 
FOB Qingdao  Qingdao, China  White Back Duplex Board Export Price in China 
 CIF Jakarta (China)  Jakarta, Indonesia  White Back Duplex Board Import Price in Indonesia from China 
CIF Kelang (China)  Kelang, Malaysia  White Back Duplex Board Import price in Malaysia from China 
CIF Chittagong (China)  Chittagong, Bangladesh  White Back Duplex Board Import Price in Bangladesh from China 
CIF Haiphong (China)  Haiphong, Vietnam  White Back Duplex Board Import Price in Vietnam from China 

Quotation Terms refers to the quantity range specified for the White Back Duplex Board being quoted or offered in a commercial transaction.

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

White Back Duplex Board Mills and their brands:

Brand Name  Mills 
NA  Spento Papers India LLP 
NA  Tulsi Paper Mill Pvt. Ltd 
Star Bright  Diyan Papers LLP 
NA  PRIYA PAPERS PVT. LTD. 
NA   BAHL Paper Mills Ltd 
Pixel Shield   Proton Paper Industry 
NA  Century Paper Group  
NA   Dongguan Xiaolong Packaging Industry Co.,Ltd.  

White Back Duplex Board Industrial Applications

Historically, several events have caused significant fluctuations in White Back Duplex Board prices

Why Price Watch™?

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

Track Price Watch's™ white back duplex board 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.

White Back Duplex Board 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.

White Back Duplex Board is a multi-layer paperboard made mainly from recycled fibers with a coated white top surface and a grey or off-white back. It is widely used for folding cartons and retail packaging for products such as food items, pharmaceuticals, cosmetics, and consumer goods. The price of White Back Duplex Board matters because it directly impacts packaging costs for manufacturers and brand owners. Changes in board prices can influence the overall cost of packaged products sold in retail markets. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

White Back Duplex Board prices vary depending on the region, GSM specification, coating quality, and supply-demand dynamics. Prices are generally quoted per metric ton and fluctuate based on raw material costs, energy prices, freight rates, and production capacity utilization. Different grades and thickness levels may also carry different price points. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

White Back Duplex Board prices fluctuate due to several factors including the cost of recycled fiber, wastepaper availability, pulp prices, energy expenses, and transportation costs. Demand from packaging industries such as FMCG, food and beverage, pharmaceuticals, and e-commerce significantly influences pricing trends. Seasonal demand fluctuations, plant maintenance shutdowns, environmental regulations, and global trade conditions also affect market movement.

The largest consumers of White Back Duplex Board are packaging converters that serve industries such as fast-moving consumer goods, food and beverage, pharmaceuticals, cosmetics, electronics, and household products. The board is commonly used to manufacture folding cartons, retail packaging boxes, and secondary packaging materials. With the growth of organized retail and branded packaging, demand from FMCG and food packaging sectors continues to expand. Price-Watch™ analyses demand patterns across all these industries.

White Back Duplex Board is manufactured at paper and board mills using recycled paper fibers combined with coated virgin pulp layers for the top surface. The board is produced through a multi-layer papermaking process where recycled fiber provides structural strength while the coated top layer delivers high-quality printability.

China and India are among the largest exporters of White Back Duplex Board, supplying significant volumes to markets. Export volumes often shift depending on domestic consumption, production costs, and global trade dynamics. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

In most cases, supply can meet global demand; however, regional shortages may occur due to mill shutdowns, raw material shortages, environmental restrictions, or logistical disruptions. Sudden spikes in packaging demand, especially during peak retail seasons, can also tighten supply conditions. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

White Back Duplex Board is available in various grades depending on thickness, coating level, stiffness, and printing quality. Higher-quality grades with smoother coatings, better brightness, and improved rigidity usually command higher prices because they require better pulp quality and additional processing. Price-Watch™ provides separate price assessments for different White Back Duplex Board grades to ensure clear market benchmarking and transparency.

When demand rises rapidly, usually due to increased packaging requirements from FMCG or e-commerce industries, prices tend to increase as mills operate at higher capacity and available supply tightens. Converters may face longer delivery timelines, and suppliers might allocate limited production to key customers.

Energy plays an important role in paperboard production because mills require electricity, steam, and fuel for pulping, drying, and coating processes. When energy costs increase, manufacturers often face higher operating expenses and may pass these costs on to buyers through higher board prices. Regions with lower energy costs often have more competitive pricing structures, a correlation that Price-Watch™ analyses in its price assessments & market reports.

Prices vary across regions due to differences in raw material availability, local production capacity, transportation costs, import duties, and demand levels. For example, markets far from major paperboard mills may face higher prices due to freight and logistics expenses. Currency fluctuations and regional economic conditions can also influence pricing structures. Price-Watch™ tracks prices across all major regions to highlight these differences.

Future price trends depend on several factors including global demand for packaging, recycled fiber supply, environmental policies, and capacity expansions by paper mills. Growth in e-commerce, retail packaging, and sustainable packaging solutions is expected to support long-term demand for duplex board. 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, reliable forecasts help businesses plan their procurement strategies, manage inventory, and negotiate long-term supply contracts more effectively. If forecasts indicate potential price increases in the coming months, companies may choose to secure supply earlier at current rates. This strategic planning can help businesses control packaging costs and protect profit margins. 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.

Events such as trade restrictions, environmental regulations, transportation disruptions, natural disasters, or economic slowdowns can affect production or shipping routes for paperboard products. For example, supply chain disruptions or waste paper shortages can tighten supply and push prices upward. 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 White Back Duplex Board industry.

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