October 14 Industry Briefing: Packaging & Printing Sector — Jiyu Co., Ltd. Acquires Huiju Pharmaceutical for RMB 964 million, Entering the Pharmaceutical CDMO Field; Jiajia, Shunhao, and Shaanxi Jinye Intensify Disposal of Cigarette-Packaging Assets

From May to September 2026, Jiajia Holdings, Shunhao Holdings, and Shaanxi Jinye aggressively divested core assets. Shunhao essentially completed its strategic withdrawal from Yunnan; Shaanxi Jinye transferred controlling stakes in its subsidiaries in Hubei and Xinjiang to deconsolidate heavy assets; and Jiajia liquidated multiple profitable entities across Southwest and Northeast China, raising over RMB 370 million in cash but incurring substantial book losses. This trend stems primarily from intensified compliance enforcement in tobacco tendering processes, downward pressure on winning bid prices, and compressed gross margins. However, the industry is not experiencing an overall retreat: enterprises with robust customer portfolios, strong cost control capabilities, and expertise in novel tobacco packaging remain well-positioned to gain market share. Rising Raw Material Costs and Cost Pass-Through Indian kraft paper prices surged 25% month-on-month; U.S. wastepaper landed cost exceeded RMB 1,700 per ton. Amid disrupted imports of raw materials and heightened festive consumption demand, India’s paper market experienced sharp volatility. The landed cost of U.S. wastepaper surpassed USD 260 per ton (approx. RMB 1,734), while container shortages further constrained overseas wastepaper supply. Preparations for Durga Puja, Navratri, and Diwali drove broad-based price hikes across kraft paper and industrial packaging papers. Premium kraft linerboard prices rose over 25% month-on-month, with the northern benchmark price stabilizing at INR 36 per kg. The processing margin between wastepaper and finished paper widened to approximately INR 14.5 per kg—a surge exceeding 61%. This round of price increases reflects a confluence of regional raw material constraints and seasonal demand in India and should not be directly extrapolated to global or domestic paper price trends. Nine Dragons Paper raised base paper prices by RMB 50 per ton across multiple production bases; corrugated board prices rose 3% accordingly. Following the National Day holiday, Nine Dragons Paper implemented staggered price hikes—of RMB 50 per ton—for corrugated medium, kraft linerboard, and recycled kraft linerboard at its Taicang, Dongguan, and Quanzhou facilities. Wuzhou Special Paper also raised prices for its Bai Xi packaging paper series by RMB 50 per ton, effective between October 6 and 10. This upward pricing momentum has extended from base paper to corrugated board: in Chongqing, board prices increased by 3%, and prior preferential policies were discontinued. Rising costs for wastepaper, coal, and logistics underpin this round of hikes; however, actual domestic paper price realization remains subject to inventory levels, demand recovery, and product-category differentiation. Corrugated box manufacturers must monitor actual transaction prices—not just announced price adjustments—to gauge real trends. Overseas Small-Packaging Trend In India, sales growth of small-sized FMCG packages outpaces that of large-sized ones, presenting packaging firms with a trade-off between higher unit volumes and rising processing costs. Amid accelerating inflation and tighter household budgets, Indian consumers are shifting toward smaller-size everyday essentials. Brands maintain popular price points—such as INR 5, INR 10, and INR 20—by reducing net weights in small packages. Britannia derives approximately 60–65% of its sales from low-priced small packs; AWL Agri Business is rapidly expanding production lines for 200 ml and 500 ml edible oil variants. This trend underscores FMCG companies’ focus on affordability—but whether packaging firms benefit depends on unit processing costs, production-line efficiency, and order mix, rather than simply assuming volume growth. Product Innovation and Compliance Stora Enso launches Tianwei Liquid Food Freshness Packaging Board, enhancing protection for short-shelf-life products. Stora Enso launched its Tianwei liquid food freshness packaging board at its Beihai factory in China. Specifically engineered for gable-top cartons used in short-shelf-life products, this board features an optimized three-layer structure delivering edge-seepage resistance, grease resistance, and low-temperature resilience—ensuring excellent stiffness for large-capacity packages under refrigerated conditions.

Broad Bean Bread Market Share Ranking Report 2026

12.17.3 Richardson International (Canada): Broad Bean Bread Sales Volume, Revenue, Price, and Gross Margin (2021–2026) 12.17.4 Richardson International (Canada): Company Profile and Core Businesses 12.17.5 Richardson International (Canada): Latest Corporate Developments 12.18 Viterra (Netherlands) 12.18.1 Viterra (Netherlands): Basic Information, Broad Bean Bread Production Bases, Sales Regions, Competitors, and Market Position 12.18.2 Viterra (Netherlands): Broad Bean Bread Product Models, Specifications, Technical Parameters, and Market Applications 12.18.3 Viterra (Netherlands): Broad Bean Bread Sales Volume, Revenue, Price, and Gross Margin (2021–2026) 12.18.4 Viterra (Netherlands): Company Profile and Core Businesses 12.18.5 Viterra (Netherlands): Latest Corporate Developments 12.19 Conagra Brands (US) 12.19.1 Conagra Brands (US): Basic Information, Broad Bean Bread Production Bases, Sales Regions, Competitors, and Market Position 12.19.2 Conagra Brands (US): Broad Bean Bread Product Models, Specifications, Technical Parameters, and Market Applications 12.19.3 Conagra Brands (US): Broad Bean Bread Sales Volume, Revenue, Price, and Gross Margin (2021–2026) 12.19.4 Conagra Brands (US): Company Profile and Core Businesses 12.19.5 Conagra Brands (US): Latest Corporate Developments 12.20 Campbell Soup (US) 12.20.1 Campbell Soup (US): Basic Information, Broad Bean Bread Production Bases, Sales Regions, Competitors, and Market Position 12.20.2 Campbell Soup (US): Broad Bean Bread Product Models, Specifications, Technical Parameters, and Market Applications 12.20.3 Campbell Soup (US): Broad Bean Bread Sales Volume, Revenue, Price, and Gross Margin (2021–2026) 12.20.4 Campbell Soup (US): Company Profile and Core Businesses 12.20.5 Campbell Soup (US): Latest Corporate Developments 12.21 Britannia Industries (India) 12.21.1 Britannia Industries (India): Basic Information, Broad Bean Bread Production Bases, Sales Regions, Competitors, and Market Position

India's Britannia beats profit estimates on steady packaged foods demand

15 hours ago

India's Britannia Industries reported quarterly profits of 7.21 billion rupees, beating estimates driven by steady demand and price increases offsetting rising commodity costs linked to geopolitical tensions. Revenue reached 55.98 billion rupees as the company navigated higher input expenses.

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India's Britannia beats profit estimates on steady packaged foods demand

India's Britannia beats profit estimates on steady packaged foods demand

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