Almost all relevant experts mentioned that the epidemic has the largest impact on service industry consumption. According to the "national total time" theory, the leisure needs of the masses cannot be stored, just as we cannot store time. After the epidemic, the demand of the service industry can return to normal, but it is difficult to retaliate.

In contrast, part of the demand for wood is only delayed. From the domestic market demand for wood products, whether it is industrial materials or the furniture industry, given that such demand is not based on the "national total time" as a rigid upper limit, in the longer time dimension, such demand can be understood as a delay Instead of disappearing.

Predicting the demand side, possible increments and shrinkages coexist. The relatively pessimistic possibility stems from the WHO's listing of the Chinese epidemic as an international public health emergency. Although Director-General Tan Desai stressed that there is no need to take measures to limit international tourism and trade, it is still a high probability event that affects exports made in China The export of wood products may be affected and affect the supply side of wood.

The logic of optimistic expectations is also clear. After many epidemics in history, the peak allocation of infrastructure projects will usher in the peak. The demand for timber for infrastructure construction will be magnified as a result.

With a mix of factors, we should remain cautiously optimistic about the demand for imported wood after the epidemic.

【Reference: anywood.com】