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March 30, 2022

Global log supply to China constrained; prices rising steadily

Global log supply to China constrained; prices rising steadily
The price for logs in China has risen steadily through Quarter 1 with the price for A-grade logs now at 177 USD per m3. The inventory of pine logs at the 23 main log ports in China has been stable despite a below-average daily offtake of 65k m3 per day.    Log supply has been constrained with less supply from both New Zealand and Europe. In January 2022, log supply by value to China from New Zealand was down 40% compared with January 2021 supply. This was due to many crews taking extended breaks over ...

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