Looking ahead to the timber market

Trade in conifers such as camphor pine, radix pine, southern pine, and hemlock reached an all-time high in 2017 due to strong demand for wood in major global markets.It is estimated that about 126 million cubic meters of coniferous wood are transported from forest resource developed countries such as Canada, Russia, Sweden and Finland to countries with high demand around the world such as China, the United States, the United Kingdom, Japan and Germany.International timber trade has increased by 50% since the global recession in 2008.With the U.S. and European economies expected to remain healthy in 2018, this year could be another good year for timber exporters-At present, port prices of both logs and timber are upside-down, and for timber timber, SPF plus pine board 3# and 4# are in the state of upside-down 20 yuan /m3. In Russia, camphor pine is basically flat, while in Europe, it is 100 yuan /m3, and it is expected that the price will decline in the future.The situation of the three land ports is different, with the price of natural balustrade building materials rising by 100 yuan /m3 and that of other balustrade materials rising by 30 yuan /m3, which is optimistic about the market.According to the latest customs statistics in January 2018, the import volume of changzisong was 720,000 m3, up 10.7% year-on-year.The sf1-4 grade of Russian camphor pine timber was recently quoted by foreign suppliers at 275 usd /m3, an increase of 30 usd from 245 usd /m3 in March 2017, and the supplier also reported 285 usd /m3.The market price in China (taicang) is sf1-4 grade of Russian camphor pine timber timber, and the market price in March continues to be 2,100-2,200 yuan /m3. The current quotation still has a profit space of about 50 yuan /m3. The inventory of Russian timber timber of taicang port also reaches 720,000 square meters at the same time, which is at the high level of historical inventory.Qingdao market is also not hot, shipments are basically normal, but the market is not active.Tianjin market relatively good shipments relatively large, stable prices.The selling price of Qingdao timber is 2000-2050 yuan /m3 and the selling price in tianjin is about 1950 yuan /m.According to the proportion of timber timber in taicang port area, the proportion of timber timber in Russia is 55%, European timber 30%, SPF 15% and other timber 5%.

December 25, 2023

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