In the first and second quarters of 2023, the coated paperboard (JK paper) market encountered multiple challenges. Both domestic and international demand dwindled due to inflation, reduced consumer interest, and high production costs. Despite sluggish demand in India, production rates remained high, causing inventory levels to rise and prices to decline.
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Additionally, Indian government sanctions on imports from China and other exporting nations disrupted global trade sentiments, impacting coated paperboard (JK paper) prices during this period.
Definition
Coated paperboard, specifically JK Paper, refers to a paper product that has been treated with a layer of coating material, typically clay or latex, on one or both sides. This coating enhances the paperboard’s surface properties, such as smoothness, brightness, and printability. It offers excellent color reproduction, making it suitable for high-quality printing and packaging applications. JK Paper’s properties include stiffness, durability, and the ability to withstand ink absorption, ensuring vibrant graphics and sharp text. These attributes make it a preferred choice for packaging, promotional materials, and various printing needs.
Key Details About the Coated Paperboard (JK paper) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Coated Paperboard (JK paper) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Coated Paperboard (JK paper) Price chart, including India Coated Paperboard (JK paper) price, USA Coated Paperboard (JK paper) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Coated paperboard (JK paper) Price Trend:
Coated paperboard, such as JK paper, finds versatile industrial applications due to its unique properties. Its smooth, glossy surface makes it ideal for packaging, including cartons, boxes, and folding cartons, enhancing the visual appeal of consumer goods. In the printing industry, it serves as a preferred substrate for high-quality graphic printing, ensuring vibrant and sharp images in magazines, brochures, and promotional materials. Moreover, coated paperboard’s durability and stiffness make it suitable for various stationery products like notebooks and folders. Additionally, it is employed in the production of displays, signage, and product tags due to its excellent printability. Overall, coated paperboard plays a vital role in packaging, printing, and promotional industries, meeting diverse industrial needs.
Key Players:
- JK Paper
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