China board trading network news:
The time has come to December, and the influence of “Jin 9 Silver 10†has gradually faded. The home building materials market is returning to silence. This is an external problem. The recent devaluation of the Renminbi and the rise in land and sea freight rates have caused timber dealers to bear high cost pressures. This is a matter of internal concern. . Given this situation, is the timber market still okay?
Log market trend is relatively stable
With the gradual weakening of the atmosphere in the home improvement season, the demand for the home improvement market is slowly declining, and the activity of the log market is also showing a downward trend. However, in terms of prices, most of the price index of raw wood products still continues to stabilize, and the market trend is relatively stable. Some of them also show a slight increase. For example, pineapple lattice logs, because at the end of recent years, the demand for home improvement in some areas has been stimulated, and it has recently appeared to go up.
Redwood market changes
The recent mahogany classification index has been in a state of shock adjustment, mainly from two factors: one is the CITES control, the impact of multinational timber bans, and Myanmar's civil unrest has cut off the Southeast Asian mahogany transport routes, resulting in a sharp decline in imports from China's mahogany market, and mahogany prices. All the way up; on the other hand is the low volume of mahogany turnover. The high cost but low demand will lead to the double pressure of timber business operators and the uncertain change of the mahogany market.
Sawn timber market trend is good
As the consumption demand of the sawn timber market was released in advance, the activity of inquiry into the downstream market increased significantly, and the buying and selling atmosphere gradually improved. In terms of price, the price of sawn timber has been pushed up by the devaluation of the renminbi and the rise in shipping costs. This has played a strong supporting role in the broader market index. As a result, the sawn timber market is doing relatively well. However, some analysts pointed out that as the temperature drops, the project starts in Sichuan, Shanghai and other places will gradually decline, and the demand for sawn timber will also enter the down channel. It is expected that the market volume of sawn timber may have a chance of shrinking.
Wood-based board market trend is more optimistic
In terms of prices recently, the sub-index of the wood-based panel rebounded on a small scale, and the market trend was more optimistic. However, due to the lack of market volume, the sub-index of the wood-based panel could hardly make major breakthroughs in a short period of time. Among them, the fingerboard used for furniture production, which has caused rigid demand to expand, has maintained relatively smooth shipments in the near future; particleboard, which also has high demand, still maintains a “high temperature†market.
Looking at the timber market, either because of rising costs or gaining optimism due to rising individual demand, most of them are faced with the pressure of rising costs and weak external demand. Wood merchants need to understand the commonality and individuality of the timber market and target different markets. Different market trends, make appropriate response measures.
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