China's timber market performance in 2017: frequent "bright spots"

2022-02-26 10:26

Looking at the performance of China's timber market in 2017, after experiencing the downturn in 2015 and 2016, although China's timber market has not fully recovered in 2017, the market has frequently seen "bright spots", such as red sandalwood, pineapple, large The splendid performance of the wood market such as fruit red sandalwood and Shen Guibao all made the merchants happy.


   According to the monitoring data of China Timber Price Index Network, from January to July 2017, the monthly index of the comprehensive timber index ran at 1140-1170 points, up 2-3% year-on-year. Among them, the price index of Daguo red sandalwood in Guangdong Yuzhu market in March was 1223.98 points, up 42.66% year-on-year, ranking first in the increase.


   Market transactions have become more active, and merchants lamented that "the tough time has passed". Therefore, in the traditional off-season of June, July and August, although the continuous shrinking of the market makes the merchants feel helpless, it does not affect their enthusiasm for stocking. .


   It is understood that red sandalwood and red sandalwood are the two species that merchants are optimistic about recently, so they are particularly active in stocking up. Among them, June and July are the peak periods for new arrivals of these two species. Market analysts believe that rising prices and shortage of source resources are one of the important reasons why timber merchants are actively stocking up. At present, the large fruit red sandalwood in the Guangdong market has a diameter of 30-40cm and a length of 2-2.2 meters at 22-25,000 yuan/ton, a year-on-year increase of 6,000-8,000 yuan/ton. Year-on-year increase of 500-800 yuan / ton.


   However, while people are rejoicing at the continuous improvement, the accompanying market problems have made merchants very entangled. This is also an important reason why some Chinese timber merchants are happy and some are sad in 2017.


   According to the survey, because the demand growth of downstream manufacturers is far less optimistic than people expected, and the competition in the timber market is also more intense under the condition of imbalance between supply and demand, de-intermediation has become the common goal of manufacturers and primary suppliers. Greatly weakened the dealer's operating advantages, and this part of the people are suffering this year.


   In addition, the price of lumber pushed up by the cost has also caused downstream manufacturers to wait and see, and the number of goods received has decreased again and again.


   It is not difficult to see from the above market analysis that China's timber market, which has been baptized by the downturn, is more rational and the market environment is more complicated. In this big wave of industry adjustment, it is our mentality and persistence that are tested. Perseverance, prudence, and hopeful attitudes, to identify market breakthrough points, can turn crises into opportunities!