Group 1 - The main contract for log futures experienced a slight decline of 0.43%, closing at 802.5 yuan, with a minimum drop to 800.0 yuan during trading [1] - Newhu Futures suggests a strategy of buying on dips for the log 11 contract, citing strong cost support and a low valuation in the current market [1] - The overall market is characterized by a supply-demand balance, with a gradual recovery in downstream demand and a stable inventory level at ports [2][3] Group 2 - According to Ruida Futures, the import volume of logs and softwood logs decreased slightly month-on-month in July, while year-on-year figures showed an increase [2] - The port inventory of softwood logs reached 3.02 million cubic meters, reflecting an increase of 80,000 cubic meters week-on-week, indicating a neutral level for the year [2] - Green Dahuah Futures notes that while external prices are rising, domestic market conditions remain weak, leading to increased pressure on traders [3]
市场供需双增格局下 原木短期内上行动力仍显不足
Jin Tou Wang·2025-09-19 06:06