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June 18, 2021

European spruce log prices fall sharply in China

In China the prices for softwood logs decreased by 20 € last week due to the standard summer halting demand.  Reviving in fall will be strong with high demand for logs from Germany and Czech Republic as Russia limits exports and New Zealand can not provide more logs than it does at the moment.  The price of European spruce logs in China, after prices have been rising to record highs, have finally shown a downward trend. CIF prices have been above 1900 yuan/cubic meter (244 €/m3) and few Chinese merchants are willing to take orders at ...

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