FPI Floor Index Reports Shrinkage of Forest Products

According to the report of the State Forestry Administration’s International Trade Research Center for Forest Products, in February 2013, the comprehensive index of the FPI30 was 48.6%, which was 1.4% lower than that of the previous month. This month, the monthly impact of the index showed a contraction trend. The FPI floor composite index was 47.5%, down 3.9 percentage points from the previous month, indicating that the dominant flooring companies represented by the FPI30 index represented by dominant forest product companies and FPI floor index have contracted from the previous month. Experts analyzed that in February there was a Chinese traditional Spring Festival holiday, which was the shortest production time for the company in the year. Although the related index fell sequentially, it still belongs to the normal seasonal fluctuations.

For the FPI30 index, the production index value was 37%, which was a decrease of 5 percentage points from the previous month. Affected by seasonal factors, it fell below the critical value for two consecutive months, indicating that the production level of dominant forest product enterprises represented by the FPI30 index was shrinking; The new orders index is 49.1%, which is basically the same as last month but still below the bottom line. It shows that due to the seasonal factors, the domestic market demand has decreased; among which the new export order index is 46.4%, down 3.6 percentage points from the previous month. This shows that the international market demand has also decreased this month; the main raw materials inventory index was 45.7%, down 6.2 percentage points from the previous month, showing that the FPI30 index represented by the dominant forest product company's raw material inventory decreased this month; the employment index was 49.8% , an increase of 5.8 percentage points from the previous month, showing that the labor shortage situation of dominant forest product companies represented by the FPI30 index continued to contract after five months of contraction. The decline rate of this month has narrowed; the supplier delivery time index is 67.1%, which is higher than The monthly decrease of 3.7 percentage points indicates that the delivery time of this month has become slower.

For the FPI floor index, the production index value was 37.6%, which was 6.5 percentage points lower than the previous month. It was below the line of honor and dryness for two consecutive months, indicating that the production level of the dominant flooring companies represented by the FPI floor index continued to shrink this month. The new orders index was 48.2%, down 8.7 percentage points from the previous month, indicating that the demand of the index companies has been reduced by the impact of the season. The new export order index was 46.4%, down 3.6 percentage points from the previous month, indicating that the international market demand decreased this month; the main raw material inventory index was 44.8%, down 2.8 percentage points from the previous month, indicating that the FPI floor index represented The inventory of raw materials of advantageous flooring companies continued to decrease this month, but the decline rate narrowed; the employment index was 47%, an increase of 7.1 percentage points from the previous month, and was below the threshold for 5 consecutive months, indicating that the FPI floor index represents the advantages of the flooring companies. The situation continued to shrink, but this month the decline narrowed; the supplier delivery time index was 65%, a decrease of 5.3 percentage points from the previous month, indicating that the delivery time of this month will be slow.

The FPI30 index during the test period shows that the dominant forest product manufacturing enterprises represented by the indicator companies are in a contracted state this month. The FPI floor index during the test period shows that the dominant floor companies represented by the index companies are in a contracted state this month. According to expert analysis, in February, there is a Chinese traditional Spring Festival holiday, and the company’s production time is the shortest month of the year. Seasonal factors are the main reason for this month’s index to show a contractionary trend. Such fluctuations are normal fluctuations brought about by the season. The relevant person in charge of the Forest Products Trade Center of the State Forestry Administration explained that after one or several consecutive tests, some seasonal rules can be gradually discovered. After seasonal adjustment, the future index can more clearly reflect the production and development of enterprises. The true state.

The companies such as Suzhou David Wood Co., Ltd., Zhejiang Dzhuang Industrial Group Co., Ltd., and Daya Wood-based Panel Group Co., Ltd. reflected the current problems faced by enterprises and related suggestions, including: forestry cutting policies need to be improved, and enterprises themselves are afforested to maturity. However, they cannot be felled, which has hurt the enthusiasm of enterprises for afforestation; the lack of procurement funds and the slow turnover of funds; the price increase of chemical raw materials has become a trend, and the price fluctuations are large; the price of imported white pine sawn timber has increased by more than 10%, while the processing quality of domestic white pine is lower Poor, high prices, and cost-effectiveness are far less than imports, causing significant increases in product costs, hoping to help domestic lumber processing companies improve processing quality and reduce costs.