Radiata Pine Inventory at Lanshan Port: 2021 Market Snapshot

According to the latest news, although the price of radiata pine logs in Rizhao Lanshan area is more than 30-50 higher than that in Guangdong area, in terms of total inventory, Rizhao Lanshan still faces greater inventory pressure. Some people in the industry estimate that the current inventory of radiata pine logs at Lanshan Port is at least 1.5 million cubic meters, which does not include new goods coming to the port. Therefore, local merchants said that currently timber merchants are generally facing pressure to clear inventories and market operations are under greater pressure.