CFR prices for A-grade logs arriving in China remain stable at around USD 113–115 per JASm³ for July vessel arrivals. While demand is subdued by historical standards, daily off-take remains consistent at 50,000–60,000 m³ per day. Seasonal heat and rainfall are expected to dampen construction activity in the coming months, which may result in slightly softer demand. Between January and April 2025, New Zealand exported 5.89 million m³ of logs to China, down just 4% compared to the same period last year. However, more recent data suggests a 10% reduction in New ...