With the rapid development of various industries, the timber market ushered in the "stock shortage." Wood is used as raw material for products such as wood-based panels, wooden doors and furniture. China's wood products are relatively cheap and of guaranteed quality. They not only meet domestic needs, but are also loved by international consumers. More than 100 countries in Asia, North America and Europe have imported wood products from China. The export volume ranks among the highest in the world. Such a huge demand is one of the reasons why the timber market is in short supply.
In addition, people's requirements for the functionality, design, space utilization, and personalization of furniture products have been improved, so that the acceptance of the whole house customization market has increased year by year. Most full-house customization companies have used the concept of "whole wood". The successful combination of full-house customization and whole wooden furniture has made the whole house customization a new darling in the consumer market, and it has also become another major consumption in the wood market..
The demand for wood in the market has increased indefinitely, not only due to the gradual expansion of the consumer market for wooden homes(including main materials), but also due to the increase in the price of raw materials caused by the ban on logging. Many businesses deliberately hoard goods in order to appreciate.
Some businesses revealed that some of the timber's appreciation space is relatively large, so the goods are not sold. At that time, the value of timber worth 100 million was now 200 million, and it is said that wood may continue to increase in the future.
The tension of raw materials and the continuous escalation of environmental protection policies have undoubtedly caused pressure on our timber traders. Affected by factors such as environmental protection remediation, supply gaps, and rising labor costs, the overall trend of China's timber price index in 2017 is on the rise. Among them, the log market momentum is high, the artificial panel market tends to be stable, saw timber market has fallen slightly. The timber boom is forecast to continue in 2018, while the panel market has survived.
Log market: As of October 2017, the log classification index closed at 1108.49, an increase of 0.2 per cent; Guangzhou Yuzhu log index was 1120.08, an increase of 0.67 <UNK>;
Marketplace: at the end of October, the price index of China's man-made panels was 1024.54, and the ring fell by 1.14. Among them, the index of artificial panels in the fish and beads market was 1070.01, and the ring rose by 0.94. The Fu Ren Index was 824.01, an increase of 0.11; The Southwest market index was 1202.34, down 2.86.
Sawwood market: China's sawwood market price index at the end of October was 1115.87, and the ring rose by 1.17. The Furen Market Index was 1193.06, an increase of 1.19. The Southwest market index was 1145.28, up 3.48.
As various exporting countries have issued several logging bans and policies to control timber exports, some of the redwood and rosewood have been affected by the CITES New Deal, export quotas and tariff adjustments, customs clearance time restrictions, etc., and imports have been significantly reduced and prices have risen rapidly. This is one of the important reasons for the increase in the price of raw materials.