Pricing for logs in China is still weak with poor market sentiment
China softwood log inventory has reduced to just over 3.7 m m3 and log demand has increased over the last month with port off-take of logs currently about 60k m3 per day. The CFR price for logs is softening with a widening price range achieved by exporters. Towards the end of March, most exporters are selling A grade logs in the range 115-117 per JASm3. There are very recent reports of two exporters offering 113 USD per JASm3 for A grade logs. The Caixin China General Manufacturing PMI rose to 50.8 in February 2025 ...
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