Market demand recovery, the ban on imports of Australian logs and rising ocean freight rates have recently triggered a sharp rise in timber prices in China. The Chinese softwood timber market has recently experienced a major recovery, market entry has risen sharply, timber prices have risen accordingly, and the profitability of timber merchants has increased. Business confidence has also increased substantially. Judging from the situation reported by timber dealers contacted by GWMI, starting from October, China's construction timber market has shown a clear upward trend, with prices following the same path ...
Register for unlimited accessWe work hard to bring you the latest news in the world of the 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!