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January 28, 2020

450% rise in European softwood logs export to China; prices down sharply

  • 15 million m3 of softwood logs have been exported from Europe to China from January to October 2019, a 450% yoy rise;
  • Most of the logs are damaged either from storms or from the bark beetle infestation which occured in Central Europe;
  • The oversupply of logs caused also a sharp drop in export prices: European spruce logs are now down to about €95–96/m³ (US$105/m³) from €117 per/m3 (US$130/m3) in 2019/Q2.

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