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At the height of the domestic outbreak in February, international timber prices stayed above $400
Added:2020-03-10     Views:

Since 2020, the price trend of international wood market has been relatively high in the period of the most severe domestic epidemic in February. The price of international wood has been relatively high until February 20, when it began to adjust, but it still remains above $400.

In the long term, wood prices started to fall and fall after hitting a high of nearly $600 in May 2018, and have fluctuated between $300 and $400 since October 2018.

Through the above comparison, we can roughly understand that the fluctuation level of wood price depends more on the consumption capacity of the end market and the supply and demand relationship of the market. Of course, if the overall economic environment declines, it will eventually affect the end consumption capacity of wood, but such transmission effect will not be immediately obvious.

Therefore, for the timber people, they need to pay more attention to domestic logistics and the progress of the resumption of port work in the near future, and pay attention to the potential impact of the spread of overseas epidemic on the production and operation of factories.


 
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