Softwood log market in China remained strong throughout the first quarter of 2021 with exporters paying king’s ransom for shipping as freight cost skyrocketed. Since the beginning of the year, insufficient supply and rising prices have brought uncertainty and anxiety among Chinese manufacturers that were faced with high operating costs. Below is short summary for some of the market forces fueling the current imbalance in the Chinese softwood log market: Rising ocean freight costs and container shortages have put a burden on log imports. Shippers around the ...
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