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August 29, 2022

China’s demand for softwood logs and lumber still sluggish in the third quarter

China’s demand for softwood logs and lumber still sluggish in the third quarter
The implementation of pandemic prevention and control measures in China in the first half of the year had a great impact on logistics, transportation and timber market recovery. From January to July this year, China's softwood lumber imports fell by 21% year-on-year to 9.2 million cubic meters, and the import value fell by 4% to 2.2 billion US dollars. In addition, affected by factors such as rising international oil prices, the average price of imported softwood lumber rose by 21% to US$243 per cubic meter.    Log imports down 34% year ...

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