Paper Prices Continue to Rise in China Due to Higher Cost of Raw Materials Paper prices have taken a sharp rise in China recently, with some companies upping prices five times in a month. The soaring price has become a most searched topic on China’s Internet. Major printing paper companies and traders issued a number of notices of price adjustments in May after the price of printing paper increased by approximately $31.34 per ton. The increase for white cardboard was even higher. Nine Dragons Paper, a leader in the packaging paper industry, raised prices five times in May. The price adjustments became more frequent in the second half of the month, with increases on May 17, 19, and 24. More than 40 paper companies in Hebei, Henan, and Shandong provinces followed suit immediately.