On February 24th, the raw timber spot market was relatively strong, with futures closing higher. Most trades at Taicang Port, Xinminzhou Port, and Chongqing Port have not resumed, and there are no quotes in the market. The prices of radiata pine logs at Rizhao Port increased by 10-20 yuan per cubic meter. (My Steel Network)
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The raw timber spot market is operating on a generally firm trend
On February 24th, the raw timber spot market was relatively strong, with futures closing higher. Most trades at Taicang Port, Xinminzhou Port, and Chongqing Port have not resumed, and there are no quotes in the market. The prices of radiata pine logs at Rizhao Port increased by 10-20 yuan per cubic meter. (My Steel Network)