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Monthly Review of the National Redwood Products Market: Active Trading
2021-12-29
Author:
As the price adjustment of the raw material market tends to be stable, the redwood products trading market is expected to be positive; especially driven by the annual promotion of e-commerce, the redwood products market is active. However, due to the downturn in the physical market and the end of production at the end of the year, the business climate of the redwood products market failed to achieve a significant tail-end trend.
HPMI rose one percentage point month-on-month in the current period, still below the development warning line 100, which is a contraction development range.
In November, the new order index and production index of industry enterprises both fell by 0.5 percentage points, and the annual production tended to come to an end. There was no significant change in the market rent index and employment index this month.
Recently, the price of raw materials has risen significantly, but this month's market price of redwood products has not fluctuated significantly from the previous month. The rise in the cost of raw materials may bring about an explosion in the market price of products in the start-up season early next year.
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Chongqing Tengsheng Wood Industry Co., Ltd.
Telephone: 86 17783861925
E-mail: 120437625@qq.com
Address: 2-3, Factory Building 2, Junkun Standard Factory Building, No. 18, No. 2, Beiqi Road, Degan Street, jiangjin district, Chongqing
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