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June 27, 2019

Why the Russian pine has become so popular in China?

Why the Russian pine has become so popular in China?

In recent years, the central and western regions have become a hot spot for China's timber trade investment, and the flow of people, goods, and capital has been concentrated here. Such a prosperous market sentiment brought vitality to the Chinese timber market, which is undergoing structural changes.

Among the many regional timber markets in the Midwest, Sichuan is undoubtedly one of the best. In recent years, with the continuous advance of the “Belt and Road” construction, timber sales in Sichuan have been climbing. Statistics show that the trade volume of wood and wood products in Sichuan Qingbaijiang International Timber Exchange Center in 2018 reached 2 million cubic meters, a 135% increase from 2017. Among them, the annual sales volume of Russian pine, such as white pine and scotch pine, reached 1 million cubic meters, with sales of about 1.6 billion yuan. So what is the reason for the rapid development of timber trade in Sichuan in just a few years?

According to a recent investigation of the Chinese media, thanks to China's national strategic deployment of the “Belt and Road” initiative, the pine industry in the central and western regions of Sichuan has ushered in a period of rapid development in recent years, and the market demand continues to grow. In an interview with Chinese reporters, Xintianshun Building Materials Management Department of Qingbaijiang District said that at present, the monthly import volume of pine in the Qingbaijiang timber trading market in Sichuan is about 40 trains, the contract is 100,000 cubic meters per month, and the annual sales volume exceeds 1 million cubic meters.

"This huge amount couldn't have been imagined in the past few years." In the last years, the import of pine construction materials in the southwestern Sichuan market was less than 2/3 of what is at the moment. Imports of pines have grown so rapidly during the last years, mainly thanks to the “One Belt, One Road” national strategy.

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