In the past two days, the news of the entry of American pine wood designated ports has caused a huge shock to the market, especially in the South China market.
It was also stimulated by this news that the external prices of European spruce and radiata pine, which were once deeply adjusted, resumed their gains at this time, with an increase of around 15% and 10%.
According to the monitoring data of Timber Kingdom, as of December 21, the external price of European spruce logs was quoted at 150-160 euros / cubic meter, and radiata pine logs were 150 US dollars / cubic meter.
According to the investigation and understanding of the reporters of Timber Kingdom, the main reason for the increase in the prices of spruce and radiata pine logs in this round is that the Spring Festival is approaching, and the domestic timber merchants need to stock up before the year. At this time, in the face of the continuous decline in domestic spot inventories, the merchants who hold the goods are reluctant to sell, which drives the price to rise.
However, as for the next market situation, timber merchants generally said that the market is relatively chaotic now, and most of them do not understand. Therefore, no matter what operation is currently performed, there is a certain degree of gambling. To use the popular saying of the moment, the most certain thing right now is "uncertainty"!