New Zealand Prime Minister Ardern announced that in order to prevent the spread of the Delta variant virus, New Zealand will be in an emergency lockdown for at least 3 days from the evening of the 17th, maintaining a level 4 lockdown, which is the highest alert level, while in Auckland it will be for 7 days.
As soon as this news came out, the radiata pine businesses instantly became restless.
Some analysts believe that the closure of New Zealand is only three days, so in the short term, the impact on the Chinese market of radiata pine will not be too great.
This is mainly because the country is currently in the traditional low-season period of wood, and the demand for wood is limited.
However, the various problems arising from the epidemic have made the market outlook of Radiata pine full of variables, and this has brought huge psychological pressure to the timber business.
According to the reporter's investigation, New Zealand radiata pine occupies a pivotal position among my country's imported softwood, accounting for more than 40% of China's imported softwood logs.
Although the extent of the impact of New Zealand’s “closed country” event on the supply of radiata pine logs has not yet been fully determined, it is now certain that the size and volume of radiata pine in the Chinese market cannot be replaced by timber from other producing areas. The supply of radiata pine is blocked, which will definitely have a devastating impact on my country's softwood market.
