Finnish pine lumber shipments to China in the first quarter of this year fell by more than 50% compared with the first quarter of last year.
Since the beginning of the year, affected by the new coronavirus pandemic, the Chinese furniture industry has fallen into a downturn and the situation has not much improved. As the Finnish pine is mainly used for making furniture in China, exports from Finland have followed the same trend.
However, in terms of prices, the price of Finnish pine lumber has recently increased slightly by 30-50 yuan / cubic meter (4-7 euro/m3). The main reason is that the expansion of the coronavirus pandemic in Europe has led to a relatively small supply of Finnish pine, which has pushed up the sales price.
Currently, the Finnish pine lumber in China’s Guangdong market, 2.1-6m long, 2-5cm thick, SF grade is priced at 2250-2350 yuan / cubic meter (EUR 293/306 per m3).
|Finnish pine lumber||Length 2.1-6m, thickness 2-5cm, SF grade||2250-2350 yuan / cubic meter|
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