From January to July, China’s imports of Coniferous sawn timber decreased by 27% year-on-year

From January to July, China’s imports of Coniferous sawn timber decreased by 27% year-on-year

From January to July 2021, China’s imports of Coniferous sawn timber decreased by 27% year-on-year, with a net decrease of about 4 million cubic meters. With the exception of Ukraine and the increase of import volume, the others decreased to varying degrees.

The quantity of Coniferous sawn timber imported from Russia decreased by 19% year-on-year from January to July, with a net decrease of 1.7 million m3. The arrival of Russian materials continued to increase, reaching 1.4 million m3 in a single month in July, continuing to refresh the single monthly arrival record in 2021. The external market of Russian timber continues to decline. The mainstream price of SF spruce has dropped to usd350 and below, and SF Mongolian Scotch pine has followed all the way. At present, the mainstream price of the first line is strong at about $370. Generally, the transaction price continues to decline, and some small factories have fallen to about usd340. Recently, there are still many offers, and the counter-offer space is gradually increased. Domestically, the demand for furniture, interior decoration and decoration remains bleak, and the market price continues to decline slightly, narrower than that of last month.

The number of Coniferous sawn timber imported from Canada decreased by 54% year-on-year, with a net decrease of 1 million m3. 80000m3 arrived in July, and it is expected that the arrival will gradually increase in the later period. After a period of low-level consolidation, the demand in the North American market is growing, the enthusiasm of foreign end customers to take goods has increased, and some have stabilized and bottomed out. WSF offer continues to decline by about USD10. The economic grade of CF is reduced by USD10, and the third grade is reduced by usd20-30. The offers of other brands have increased and the counter-offer space is limited. Limited by the logistics bottleneck between China and Canada, the delivery and arrival of SPF will not be smooth in the short term. The high log cost and successive production restriction announcements will significantly delay the downward speed of SPF.

The quantity of Coniferous sawn timber imported from Germany, Sweden and Finland decreased by 800000 m3, a year-on-year decrease of 56%. Recently, the quotation of sawn timber in Europe began to increase, but the reduction of high-grade price is not large. The prosperity of the North American and European markets will directly determine the mentality of suppliers. At present, the low-grade plate in Germany has fallen to usd250-260. It is expected that the offer will increase further in September.

The quantity of Coniferous sawn timber imported from Ukraine and Belarus increased by about 10000 m3 year-on-year, almost the same as that in the same period last year. The external market in August was slightly higher than that in July, with 35 * 85 stable between usd240-usd250. Domestically, the selling price is affected by the rise of logs, which is higher than that in July. The inventory of construction materials was further reduced, but the backlog of low-grade pallets and packaging materials was serious and suffered heavy losses. In mid August, Belarus began to impose tariffs on sawn timber exported to most countries, further increasing the cost of domestic arrival. Recently, one after another vicious events such as letter of credit fraud and material splitting in Ukraine have attracted the resistance of issuing companies and banks to Ukrainian companies, further reducing the trust of practitioners in Ukrainian plates. In addition to the damage of its own reputation, Ukrainian / BELARUS plates will also face the double attack of domestic sawing logs and Canadian SPF, and its development in China will be difficult.

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