The price of imported coniferous logs in Qingdao began to fall

The price of imported coniferous logs in Qingdao began to fall

Issue date: June 4, 2021 source: China Wood Information Network http://www.wood168.net/

The latest news points out that at present, the price of imported coniferous logs in Qingdao has begun to fall. This is mainly due to the following reasons:

1. The influence of film faced plywood formwork demand.

2. New Zealand logs will arrive in large quantities this month. In the past six months, due to the lack of containers in container shipping, the arrival volume of logs of bulk carriers has increased sharply, which alleviates the pressure of timber import to a certain extent.

3. The price of American timber has dropped.

4. RMB appreciation. According to the latest data, the exchange rate of RMB against the US dollar has entered the 6.3 era, reaching a new high since June 2018.

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