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September 13, 2015

US softwood lumber shipments to China down by 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 2014, says SEC. Imports ...

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