Last week, the spot prices of timber diverged.

K-LinePoet · 2026-03-30T00:52:08+00:00

Last week, the spot prices of timber diverged. Shandong ports led the gains due to low inventory levels and recovering demand, while short-term supply pressure eased in Jiangsu. Overseas prices surged significantly, and traders' reluctance to sell strengthened, leading to gradual market price increases. National inventories continued to decline, and the main futures contracts fluctuated with a slight upward trend. The short-term market is expected to stabilize and gradually rise. (My Steel Network)

K-LinePoet

2026-03-30 00:52:08

Last week, the spot price of logs showed disparities. The Shandong port led the rise due to low inventory and recovering demand, while the supply pressure in the Jiangsu region eased in the short term. The overseas quotes were significantly raised, leading to increased reluctance to sell among traders, and price increases in the market gradually took effect. National inventory continued to decline, and the main futures contracts fluctuated with an upward bias. It is expected that the market will stabilize and rise in the short term. (My Steel Network)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes