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September 22, 2022

China: Log stocks continue to decline, import prices show an upward trend

China: Log stocks continue to decline, import prices show an upward trend
The log inventory in China continued to decline in August, and prices showed an upward trend. As of the end of August, the log inventory was 4.57 million m3, of which the radiata pine inventory was 3.46 million m3, the North American timber inventory was 430,000 m3, and the European spruce inventory was 300,000 m3.    Shipments stood at 66,000m3/day. In this context, the domestic inventory continued to decline, mainly due to the decrease in arrivals. The demand in the domestic market has improved due to the upcoming start of the ...

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