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Live Specialized Analysis of North American Hemlock and Douglas Fir Logs Market

Createtime:2019-01-31   source:   reading:7856

To compare the whole year overall prices of North American Hemlock and Douglas Fir Logs in 2018 and 2017:

 The whole year sales prices of North American Hemlock and Douglas Fir Logs in 2018:

 The market price in Chinese Taicang market for A grade logs from January to December was 1028/1012 Yuan/m³ in January, 1020/1025 Yuan/m³ in February, 1015/1050 Yuan/m³ in March, 1010/1058 Yuan/m³ in April, 1037.5/1095 Yuan/m³ in May, 1065/1063 Yuan/m³ in June, 1062/1094 Yuan/m³ in July, 1122.5/1145 Yuan/m³ in August, 1057.5/1160 Yuan/m³ in September, 1128/1168 Yuan/m³ in October, 1092.5/1137.5 in November, and 1052/1060 Yuan/m³ in December.

 The market price in Chinese Lanshan market for A grade logs from January to December was 1012 Yuan/m³ in January, 1025 Yuan/m³ in February, 1050 Yuan/m³ in March, 1058 Yuan/m³ in April, 1095 Yuan/m³ in May, 1063 Yuan/m³ in June, 1094 Yuan/m³ in July, 1145 Yuan/m³ in August, 1160 Yuan/m³ in September, 1168 Yuan/m³ in October, 1137.5 in November, and 1060 Yuan/m³ in December.

 The whole year sales prices of North American Hemlock and Douglas Fir Logs in 2017:

 The market price in Chinese Taicang market for A grade logs in January to December was 940/970 Yuan/m³ in January, 960/1020 Yuan/m³ in February, 1020/1080 Yuan/m³ in March, 1040/1090 Yuan/m³ in April, 1070/1090 Yuan/m³ in May, 1100/1150 Yuan/m³ in June, 1070/1130 Yuan/m³ in July, 1070/1130 Yuan/m³ in August, 1090/1130 Yuan/m³ in September, 1060/1130 Yuan/m³ in October, 1070/1110 in November, and 1070/1120 Yuan/m³ in December.

 The market price in Chinese Lanshan market for A grade logs from January to December was 980/1010 Yuan/m³ in January, 980/1000 Yuan/m³ in February, 1060/1100 Yuan/m³ in March, 1040/1060 Yuan/m³ in April, 1120/1140 Yuan/m³ in May, 1130/1140 Yuan/m³ in June, 1120/1140 Yuan/m³ in July, 1080/1090 Yuan/m³ in August, 1080/1100 Yuan/m³ in September, 1030/1080 Yuan/m³ in October, 1040/1120 in November, and 1070/1150 Yuan/m³ in December.

To analyze the supplier prices and market situation of North American Hemlock and Douglas Fir Logs in December, the market price of Hemlock and Douglas Fir Logs was reduced by 80 Yuan/m³ and 100 Yuan/m³ respectively. On the positive side, the dollar fell to 6.88 from 6.95, and the U.S. did not raise the import tariff to 25% on January 1, 2019.

 Currently, the domestic dealers were limited to purchase, and was fear of the U.S.’s punitive tariff. Looking from the recent market, the domestic sales prices of Hemlock kept downward, sales price in Taicang was down from 1100 Yuan/m³ to 980 Yuan/m³ in mid-Novenmber, while sales price of Douglas Fir logs was fell from 1210 Yuan/m³ to 1120 Yuan/m³, however, the current arrival ratio of Douglas Fir logs was little and had a larger loss. In Lanshan, the sales price of Hemlock was reduced from 1160 Yuan/m³ to 1020 Yuan/m³, and Douglas Fir logs were down from 1140 Yuan/m³ to 1100 Yuan/m³, while the sales price of Hemlock in Tianjin was down from 1130 Yuan/m³ to 1050 Yuan/m³, and Douglas Fir logs was down to 1120 Yuan/m³.

 The U.S. foreign supplier price remained at 920/960 USD/m³. By comparing the price in December of 2017, the price was 1100 USD/m³ in U.S., and 980 USD/m³ and the sales price in Chinese Taicang arket was 980 Yuan/m³, while in Lanshan was 1030 Yuan/m³. From the comparison of dollar exchange rate and the supply and sales price, the market was better in December 2017 than that in the same period of 2018. In the first half of 2017, the profit of North American Hemlock and Douglas Fir Logs was better, and the price was beyond expectation. Currently, North American Hemlock and Douglas Fir Logs has been partially replaced by Radiata Pine and Pinus sylvestris, and the inventory kept increasing. Due to the trade war between China and U.S., the domestic dealers were cutting back on purchases of Hemlock and Douglas Fir Logs.

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