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August 31, 2021

European spruce log inventory still low in China; prices slightly on the rise

European spruce log inventory still low in China; prices slightly on the rise
At the moment, China's domestic spruce log inventory is less than 900,000 cubic meters.    The current European spruce quotations are concentrated between 155-160 euros (medium diameter 25cm+, length 11.5+0.3m), a slight increase from last month.    The current spruce inventory in China is less than half of this year's peak of 2 million cubic meters. In addition to traditional construction materials, spruce logs in China are also widely used in low-grade furniture materials. Therefore, spruce logs have stronger price bearing capacity than other logs. Among ...

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