The invention discloses natural-color liquid packaging paper, comprising a body paper layer, and a coating layer and a back-coating layer respectively coating the upper surface and the bottom surface of the body paper layer, wherein the body paper layer comprises a surface paper layer, a lining paper layer, a core paper layer and a bottom paper layer which are stacked in sequence from top to bottom. The natural-color liquid packaging paper is produced by the following steps: respectively draining pulp of the surface paper layer, the lining paper layer, the core paper layer and the bottom paper layer, compounding, squeezing, drying, and performing surface sizing to obtain the body paper layer; performing hard calendaring on the body paper layer, then coating the upper surface and the bottom surface of the body paper layer, and drying. The liquid packaging paper adopts a four-layer structure, thus reducing forming and dewatering requirements, effectively improving evenness of surface pulp, and improving the surface covering property of the paper. Besides, a mode of combining measuring stick pre-coating, ceramic scraper core-coating and soft-blade scraper surface-coating is adopted, thus effectively improving the covering property of the paper, and meeting the packaging requirements of various printing patterns in a later period.