Global timber production hit its highest level in 70 years. Let's take a look at the situation inside.

Buying gas in the MDF market has bottomed out, and the red sandalwood solid wood flooring market is cold
1. Wood-based panel market

The Central Economic Work Conference was held in Beijing in December. The meeting pointed out that to achieve the expected goals next year, we must stick to the word stability.

Japanese cypress is an evergreen large tree of the genus Cypress, which is up to more than 40 meters in origin and 1.5 meters in diameter at breast height. It is used for construction, furniture, doors and windows, boats, pillars, bridges, joinery and fine arts. Timbers such as cypress, arborvitae, cypress, and thuja are all high-grade commercial timbers in the world.

The total output value of China's forestry industry in 2019 is 7.56 trillion yuan, and the target in 2020 is 8.1 trillion yuan. Let's learn about popular consultations together!

The Guangzhou Custom Home Furnishing Exhibition was successfully held, and the industry had a deep exchange to grasp the latest market trends!

Resolute Forest Products announced that it will acquire Conifex Lumber's three US sawmills for $ 163 million, plus the net working capital at the close, which is currently estimated at $ 7 million. The three sawmills have a total production capacity of 550 million board feet and are located in Cross, Florida and Glenwood and Eldorado, Arkansas.

On the afternoon of the 10th, Xi Jinping came to the Ditan Hospital in Beijing to observe the inpatient diagnosis and treatment of patients with new coronary pneumonia infection. The video was connected to the hospital for severely ill patients in Wuhan.

In response to the epidemic, how should companies in the wood industry respond and overcome the impact of the epidemic.

Almost all relevant experts mentioned that the epidemic has the largest impact on service industry consumption. In contrast, part of the demand for wood is only delayed.

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.

The "National Wood-based panel Industry Development Seminar" has been successfully held for 18 years, and has become the annual event with the largest scale and the most influential attention in China's wood-based panel industry.

The latest statistics show that in the first half of 2020, China imported 41.8495 million cubic meters of timber, including 24.5094 million cubic meters of log import, a 17.12% decrease over the same period of last year.

In August 2020, national Forestry and Grassland Administration Forest Product Industry Planning and Design Institute and China National Forest Product Industry Association jointly completed the statistics on the change of China particle board production capacity in the first half year of 2020, which are hereby officially released.

NEWS PROVIDED BY
IMARC Services Private Limited
October 18, 2021, 07:48 GMT

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