China: Sharp rise in CIF prices for lumber imports

China: Sharp rise in CIF prices for lumber imports
According to China Customs in the third quarter of 2021 lumber imports totalled 21.91 million cubic metres valued at US$5.792 billion, down 19% in volume and 2% in value. The decline in lumber imports in the third quarter of 2021 was because of a drop in supplies from Russia, Canada, the USA, Finland and Germany (down 13%, 54%, 42%, 32% and 48% respectively). Imports from these suppliers accounted for over 60% of the national total.    China’s lumber import in the third quarter of 2021 (volume)         ...

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