Log supply into China has increased, with South America and Europe responsible for most of this increase. European supply during Quarter 1 was up over 300% on the last year. Supply from South America will likely reduce as the CFR prices drop in China, but the supply from the damaged spruce forests in Europe will continue as these logs need to be salvaged. The supply line from this salvage harvesting is also not as price sensitive as other supply chains.
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Sawmilling / Wood Products / Australia and Pacific Region / China / Europe / Global / Russia
July 2, 2020
S. America, Europe and New Zealand in fierce competition for log supply to China
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!