The most important factors that currently affect the market are: 1. Due to the influence of COVID-19, there is no sales market for resumption of production and production, and market demand is obviously insufficient; 2. Overseas orders are significantly reduced and there is no upward momentum; 3. Furniture, flooring and other companies are in a slump 4. Enter the traditional low season; 5. The operating rate is obviously insufficient, especially the real estate industry is seriously lacking in financial support; 6. The cost of foreign raw materials increases; 7. The logistics costs such as ocean freight increase.
Based on the above factors, the prices of sawn timber, logs and wood-based panels will drop further from July to August, and the arrival volume of sawn timber or logs will increase significantly from July to August.