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April 26, 2022

China’s Covid lockdown puts pressure on the softwood log imports

China’s Covid lockdown puts pressure on the softwood log imports
In China COVID has significantly disrupted the log trade with major cities under lockdown and building projects on the go slow. Buyer sentiment is very much starting to wane. The log trade hub centred around Shanghai and the Yangtze River are facing huge population movement restrictions. This is starting to impact more widely with general economic slow-down noted in recent reports.    Taicang and Lanshan ports are hugely important to the New Zealand and European log trade and both, as well as surrounding cities, are under various levels of either lockdown or heavily restricted movements. Local ...

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