A few days ago, data from countries such as Canada and Malaysia showed that in the third quarter, exports of Chinese timber all declined. At the same time, data on imported timber in Shanghai and other places in the third quarter also showed that China's timber imports fell, which is in stark contrast to the growth trend in the first half of the year. At the same time as the volume fell, prices also appeared to be upside down. Industry insiders believe that the real estate regulation has entered the in-depth stage or is the main reason.
According to Canadian media reports, China’s demand for Canadian wood has rapidly declined. From last year to August of this year, the sales of timber from British Columbia to Canada have only increased by 29%, which is very different from the growth of 186% in March. As a matter of practice, in the third quarter, China's timber imports will increase significantly. However, different situations have emerged this year. Data show that in May this year, the monthly volume of Chinese timber imported from Canada surpassed the United States for the first time, but by August, China’s timber imports from Canada were only half of that of the United States.
A similar situation also appeared in Malaysia. Liu Keping, head of the Chinese market for timber suppliers in Malaysia, told the First Financial Daily that in the third quarter, China’s imports of Malaysian timber had a sharp decline, and the export volume declined, which directly caused Malaysia’s largest Concerns about timber-producing areas in Sarawak province, the province’s minister in October led local manufacturers to promote sales in mainland China. The minister said that to promote wood in China is to stop falling Chinese exports and increase exports to China's timber and related products, but he is not clear why exports will continue to decline.
Since the country’s third-quarter timber import data is not yet known, the timber imports from the third quarter of the multi-site customs show that timber exports have been blocked in the third quarter. Erlian Customs data shows that the imports of timber at the Erlian Port are showing signs of increasing prices. In the first three quarters, a total of 1.298 million cubic meters of timber were imported at the Erlian Port, a year-on-year decrease of 11.65%, of which 633,380 cubic meters of log imports decreased by 31.50% year-on-year, and the average import price was US$148.21 per cubic meter, an increase of 14.02% over the same period of last year; 664,400 cubic meters, an increase of 22.11%, the average import price of 202.59 US dollars / cubic meter, an increase of 6.35%.
Shanghai Customs data also showed a decline in the third quarter. According to Wang Shaofang, secretary general of the Shanghai Timber Industry Association, Shanghai imported 2.27 million cubic meters of wood in the third quarter, which is only about half of the 4.5 million cubic meters in the first half of the year. The normality is extremely inconsistent. In theory, the quantity in the third quarter should be more.
Wang Shaofang introduced that since real estate regulation entered a deeper stage, imports fell significantly in the third quarter. Under the control of real estate, the domestic floor has been sluggish. According to data from the National Bureau of Statistics, since the beginning of this year, sales of solid wood flooring have seen absolute declines in the sales volume for the first time. Strengthened floors and multi-storey floors have also shown signs of slowing growth. Sales of intermediate plates and plywood declined, and inventory increased. In this situation, the demand for wood is further reduced. This directly affected the import of timber. The chairman of a large domestic timber company estimated that the number of imported timber in the third quarter fell by nearly 20%.
According to Canadian media reports, China’s demand for Canadian wood has rapidly declined. From last year to August of this year, the sales of timber from British Columbia to Canada have only increased by 29%, which is very different from the growth of 186% in March. As a matter of practice, in the third quarter, China's timber imports will increase significantly. However, different situations have emerged this year. Data show that in May this year, the monthly volume of Chinese timber imported from Canada surpassed the United States for the first time, but by August, China’s timber imports from Canada were only half of that of the United States.
A similar situation also appeared in Malaysia. Liu Keping, head of the Chinese market for timber suppliers in Malaysia, told the First Financial Daily that in the third quarter, China’s imports of Malaysian timber had a sharp decline, and the export volume declined, which directly caused Malaysia’s largest Concerns about timber-producing areas in Sarawak province, the province’s minister in October led local manufacturers to promote sales in mainland China. The minister said that to promote wood in China is to stop falling Chinese exports and increase exports to China's timber and related products, but he is not clear why exports will continue to decline.
Since the country’s third-quarter timber import data is not yet known, the timber imports from the third quarter of the multi-site customs show that timber exports have been blocked in the third quarter. Erlian Customs data shows that the imports of timber at the Erlian Port are showing signs of increasing prices. In the first three quarters, a total of 1.298 million cubic meters of timber were imported at the Erlian Port, a year-on-year decrease of 11.65%, of which 633,380 cubic meters of log imports decreased by 31.50% year-on-year, and the average import price was US$148.21 per cubic meter, an increase of 14.02% over the same period of last year; 664,400 cubic meters, an increase of 22.11%, the average import price of 202.59 US dollars / cubic meter, an increase of 6.35%.
Shanghai Customs data also showed a decline in the third quarter. According to Wang Shaofang, secretary general of the Shanghai Timber Industry Association, Shanghai imported 2.27 million cubic meters of wood in the third quarter, which is only about half of the 4.5 million cubic meters in the first half of the year. The normality is extremely inconsistent. In theory, the quantity in the third quarter should be more.
Wang Shaofang introduced that since real estate regulation entered a deeper stage, imports fell significantly in the third quarter. Under the control of real estate, the domestic floor has been sluggish. According to data from the National Bureau of Statistics, since the beginning of this year, sales of solid wood flooring have seen absolute declines in the sales volume for the first time. Strengthened floors and multi-storey floors have also shown signs of slowing growth. Sales of intermediate plates and plywood declined, and inventory increased. In this situation, the demand for wood is further reduced. This directly affected the import of timber. The chairman of a large domestic timber company estimated that the number of imported timber in the third quarter fell by nearly 20%.
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