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January 11, 2021

China: Many softwood log prices have soared after the New Year’s Day holiday

China: Many softwood log prices have soared after the New Year’s Day holiday
After the New Year's holiday, many log traders are worried about future market uncertainties, and many softwood prices have begun to rise recently at main Chinese timber markets.     Taking Shandong as an example, the current price of white pine logs is up by 20 yuan/cubic meter (US$3/m3), hemlock logs are up 20 yuan/cubic meter (US$3/m3), and radiata pine logs are up by 10 yuan/cubic meter (US$ 1.5/m3).    In the Chongqing market, the current price of 2m radiata pine logs rose by 60 ...

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