Rubber wood out of stock, prices soared!


China board trading network news:

In April, the logistics transportation of import rubber wood and the transaction status of the market in origins are worrying. Following the communication between the Chamber of Commerce and the shipping company in Penang, Malaysia, on March 8th, the "Hong Kong Shipping Information" recently revealed another "emergency warning" for the more serious shipping companies in the world. Poor logistics transportation, rubber wood out of stock, chaos of origins, prices soaring and other issues fog covered the rubber wood industry.

First, the reasons for lack of cabinet missing

According to analysis by industry insiders, the lack of accommodation before the absence of counters was due to the shortage of accommodation due to the restructuring and reorganization of the international shipping companies. In addition to the merger and reorganization of shipping companies, the main reasons for the shortage of container space are as follows: First, some of the containers currently in use are periodically scrapped, and the containers cannot be renewed, resulting in shortage; second, some containers are leased in recent years. The company's business is not competitive, they have closed down, the new leasing company failed to put into operation, some owners of the company's own container shortage, in short supply; Third, the United States has recently introduced a new standard for the color of containers, the original does not meet Standard containers need to be re-painted and there are not enough containers to use. It is also difficult to predict when the shortage of containers will continue to ease.

Second, the market situation of origin market

Due to the current shortage of rubber wood in China (or out of stock of a certain specification), some buyers have panicked and robbed, causing the price to remain high and the relationship between supply and demand unbalanced. The more serious consequences are: First, in the event that a cargo container is not delivered and the payment has been made, it will cause some suppliers who have lost credit to “sell the same batch of goods multiple times and repeat orders”; The specifications of wood prices soared, and led to other specifications of rubber wood "wide price increase." Disrupt the trade order and rules of the entire industry and undermine the normal supply and demand relations in the market.

In order to form consensus and achieve rational trading, the following points are proposed:

1, the goods are not loaded into the cabin, do not pay first;

2. Use open letter of credit as much as possible. Receipt of bill of lading for repayment;

3, lock in price risk. When the container and cabin have not yet been implemented, the price of the standard is no higher than the standard price.

4. Don't be afraid of out of stock. The Thai Songkran Festival has passed the annual holiday and the rainy season is over. According to the normal market rules, the number of logs will gradually increase, and the possibility of price drop is very high.

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