China: Rising volumes and CIF prices for log imports

China: Rising volumes and CIF prices for log imports
According to China Customs, log imports in the third quarter of 2021 totalled 48.4 million cubic metres valued at US$8.617 billion (CIF), up 14% in volume and 43% in value. The average price for imported logs was US$178 (CIF) per cubic metre, up 25% from the same period of 2020.    Of total log imports, softwood log imports rose 18% to 37.98 million cubic metres, accounting for 78% of the national total. The average price for imported softwood logs was US$154 (CIF) per cubic metre, up 33% from the same period ...

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