CFR prices for A-grade logs are currently in the range of USD 113–117 per JASm³ for July vessel arrivals. Log demand in China has softened to around 50,000 m³ per day, driven by extremely high temperatures and adverse weather events. As a result, softwood log inventories have edged up slightly and now sit at approximately 2.7 million m³. Log supply from New Zealand continues to track below average due to ongoing wet weather and storm activity across the country. Softwood log imports from Europe fell sharply in the first half of 2025, down 59% compared ...