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Daily News / Market Analysis / Lumber / Sawmilling / Wood Products / China / Global / North America
November 9, 2017

China is currently moving shipping containers to US logging sites

China is currently moving shipping containers to US logging sites
China is currently moving shipping containers directly to logging sites in the United States. This might be detrimental as they will be removing logs from an already tight log market.    According to sources confirmed by Gene Wengert, the Wood Doctor, Chinese buyers are paying 50 percent more than the typical sawmill price for logs. They are paying the equivalent of $900 per 1000 bf, which means the wood will be very expensive when they saw it. The species they want are red oak, white oak, hickory and cherry. They have markets that will pay this high ...

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