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August 16, 2022

Dramatic decline in China’s softwood log imports in H1/2022

Dramatic decline in China’s softwood log imports in H1/2022
China’s log imports in the first half of 2022 totaled 22.38 million cubic meters valued at US$4.567 billion, down 29% in volume and 13% in value, However, the average price for imported logs was US$204 (CIF) per cubic meter, up 22% from the same period of 2021.    Of total log imports, softwood log imports plummeted 39% to 15.16 million cubic meters, accounting for 68% of the national total. However, the average price for imported softwood logs rose 17% to US$166 (CIF) per cubic meter over the same period.  ...

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