In the near future, the Chinese wood-based panel market lacks bright spots, and the sales volume of various types of panels has remained low. Industry analysts point out that the continued downturn in the housing market and the lack of environmental protection supervision led to a weak wood-based panel market in China.
The particleboard market is in a downturn. According to industry insiders, due to the downturn in the property market and the restrictions in exports, the finished furniture and the whole house custom furniture market have been hit hard this year. The market demand for particleboard has been significantly reduced and especially in the current off-season the particleboard market is even more depressed. At present, the price of 1220×2440×12mm particleboard is 55-60 yuan/sheet.
The Chinese plywood is stable at a low level.