September 18, 2015
US softwood lumber shipments to China down 50%
In the first half of 2015, US softwood lumber exports to China dropped nearly 50% to 247,290 cubic metres, valued at US$64 million, as compared to the corresponding period of 2014. According to the US Softwood Export Council (SEC), YoY American softwood lumber shipments to India increased 52% in volume (to 28,696 cubic metres) and 57% in value (to US$6.5 million). Despite China's economic slowdown, the country remains the world's top importer of softwood logs, importing a total value of US$5.4 billion in ...
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