2026 Pre & Post-Spring Festival China Plywood Trade

✅ Pre-holiday Supply & Shipments: As a major global plywood exporter, China’s production capacity is concentrated in core regions. Driven by downstream pre-holiday stockpiling demand, the industry operating rate remained stable. Leading enterprises worked overtime, with hundreds of containers shipped overseas in a short period, supporting steady growth of pre-holiday shipments and continuing the 2025 export growth trend.

✅ Futures & Price Trend: In January, plywood futures prices operated stably overall, with settlement prices ranging from 148.40 to 151.05 RMB/sheet. The price fluctuation was mild without sharp rises or falls, providing stable support for pre-holiday trade.

✅ Regional Demand Features: Overseas customers placed concentrated orders in advance to avoid supply chain disruptions caused by Spring Festival shutdowns and Ramadan. Among them, demand from Southeast Asia, the Middle East, Africa and other regions was strong, becoming core pre-holiday export markets; the Australian market maintained a growth momentum with outstanding export performance.

✅ Post-Holiday Outlook: Enterprises will suspend production for 15-20 days during the Spring Festival, leading to a decline in operating rate and a temporary drop in shipments; it is expected that in March, with the resumption of production, logistics recovery and the release of post-holiday restocking demand, the trade situation will gradually pick up, and exports will return to a steady growth track.