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September 3, 2020

Australian softwood logs export hits record high as Chinese demand is very active

  Australia’s softwood log exports exploded to a new monthly record in June, with total exports reaching a massive 590,689m, up more than 83% on the prior month.  To underscore the magnitude of the monthly record, this is more than 27% or 110,000 m higher than for any prior month.  Until May, exports had been softening for some months. As a result of the rise in May and the massive lift in June, exports for 2019-20 totalled 3.723 million m.  While that was 2.8% higher than a ...

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