Affected by the new crown pneumonia epidemic, various industries in the society have been under tremendous pressure. The Chinese timber market, which was forced to extend holidays due to the epidemic, has recently blasted the rally to resume work and resume production.

Although the direct impact of the new crown pneumonia epidemic on the wood industry is relatively small compared to the transportation, tourism, retail, accommodation and catering industries, due to the epidemic, various exhibitions and large-scale promotional activities have to be suspended, epidemic control measures and postponement Still caused a great impact on timber production and management. In the first quarter of 2020, the sales performance of slabs fell sharply year-on-year. Among them, there were not a small number of timber merchants with February sales of "zero"!

First of all, I personally think that the epidemic is only a “lagging demand” for the Chinese timber industry. In the long run, stimulated by strong domestic demand, board consumption still has sufficient toughness and huge potential. After the epidemic, the Chinese timber market The released huge rigid demand is likely to drive the market out of a wave of "retaliatory rebound". This is mainly because the current downstream furniture companies' reserves of raw materials before the festival are mostly “zero inventories”. After the epidemic, as the downstream furniture companies resume work and production, the stagnant market demand will be released after decompression. This will become the "industry feast" of the Chinese timber market in the first half of the year.

Secondly, recently, the executive meeting of the State Council pointed out that the logistics industry such as transportation and express delivery has been accelerated to resume work and production. The state has introduced a series of policies and measures such as "strengthening tax and fee reduction efforts." Such as the bulk commodity industry brings great benefits, it not only provides strong support for the resumption of production and recovery of sheet metal enterprises, but also effectively reduces the cost of timber transportation, reducing the burden on the bulk commodity industry such as timber, effectively Promote the development of enterprises.

Mountain darkly, vista. Winning this common war "epidemic", the opportunities and new paths for the timber market in the future may not be far ahead.

【Reference: cnwood.cn】