Global log supply to China constrained; prices rising steadily
The price for logs in China has risen steadily through Quarter 1 with the price for A-grade logs now at 177 USD per m3. The inventory of pine logs at the 23 main log ports in China has been stable despite a below-average daily offtake of 65k m3 per day. Log supply has been constrained with less supply from both New Zealand and Europe. In January 2022, log supply by value to China from New Zealand was down 40% compared with January 2021 supply. This was due to many crews taking extended breaks over the New ...
Register for unlimited access
We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
Thousands of quality articles- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
