Page 30 - FDMAsia SepOct 2025
P. 30

28    FOCUS                                                                       SEP/OCT 2025 FDM ASIA | www.fdmasia.com






         Sparta Movers                                       one index (market expectation) was at the critical value while
                                                             the remaining nine indices (new orders, export orders, existing
                                                             orders, inventory of finished products, purchase quantity, import,
                                                             inventory of main raw materials, employees and delivery time)

                                                             were all below the critical value.
                                                                Compared to the previous month, the indices for production,
                                                             new orders, export orders, existing orders, inventory of finished
                                                             products, purchase quantity, purchase price, import, inventory
                                                             of main raw materials, employees, delivery time and market
                                                             expectation declined.
          CHINA
          Global Timber Index—July 2025                      OSB consumption Guideline
          Customs data showed that in the first half of this year China's   An Oriented Strand Board (OSB) Consumption Guideline has

          timber imports totalled US$5.811 billion, marking a year-on-  been released. This Guideline helps consumers understand
          year decline of 14 percent.                        OSB through simple language and pictures.
            Breakdowns revealed that log imports amounted to    The Guideline elaborates on OSB characteristics and
          US$2.695 billion, down 18 percent year-on-year, while sawnwood   applications, key qualities and environmental protection
          imports stood at US$3.117 billion, a drop of 13 percent. The   indicators. Also presented are inventories of major manufacturing
          sharp decline in timber imports reflected, to some extent, the   enterprises in terms of product classification, quality identification,
          downturn in the real estate market.                environmental protection indicators and purchase information.

            Currently, China's timber demand shows a mixed trend   The release of the Guideline is of significance for regulating
          with walnut and golden teak prices rising and that of some   the OSB market and guiding consumers to consume rationally.
          other species remaining relatively stable.            It provides consumers with a scientific and practical basis
            Since July timber demand entered a period of adjustment   for selection which  helps enhance their self-protection and
          due to high temperatures and heavy rains. Construction activity   prevents them from being misled.
          slowed and the output of furniture manufacturers also declined   At the same time, it also promotes the orderly development of
          compared to early this year.                       the OSB industry and creates a favourable market environment.
            Amidst the challenges the industry is hoping for a rebound   It is believed that the OSB industry will embrace new
          in demand during the traditional peak season of September   development opportunities. It is expected that consumers

          and October.                                       will pay more attention to this type of board, enhance market
            In July 2025 the GTI-China index registered 48.7 percent,   awareness and acceptance and thereby fully unleash the value
          a decrease of 8.8 percentage point from the previous month   and application potential of OSB.
          and fell below the critical value (50 percent) after four months
          indicating that the business prosperity of the timber enterprises   Wooden furniture via China-Europe freight trains
          represented by the GTI-China index shrank from the previous   Buying globally and selling globally, in Nankang District,
          month.                                             Ganzhou City, Jiangxi Province, relying on the China-Europe

            As for the twelve sub-indices, two (production and   freight trains, a furniture industry with an output value of over
          purchase price) were above the critical value of 50 percent,   RMB280 billion is booming.
   25   26   27   28   29   30   31   32   33   34   35