{"id":81433,"date":"2021-11-03T09:47:43","date_gmt":"2021-11-03T09:47:43","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/pressure-china-softwood-log-prices-due-congestion-issues\/"},"modified":"2025-09-19T08:56:24","modified_gmt":"2025-09-19T08:56:24","slug":"pressure-china-softwood-log-prices-due-congestion-issues","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/pressure-china-softwood-log-prices-due-congestion-issues\/","title":{"rendered":"Pressure on China softwood log prices due to congestion issues"},"content":{"rendered":"

The CFR price for A-grade logs in China has remained variable but the top end is still 182 USD per JASm3<\/sup>\u00a0for October. There is pressure on this pricing for November shipments.<\/em><\/p>\n

Southern yellow pine (SYP) has dropped to 140 USD per JAS for 20cm SED logs. After the Chinese holiday week at the start of October, the daily port off-take has increased by 10k per day to 75-80k.<\/p>\n

Softwood inventory levels have dropped slightly over the last two weeks to 4.8m m3<\/sup>.<\/p>\n

Congestion in China is still an issue (currently 155 handysize and 696 vessels in total anchored outside Chinese ports) and not forecasted to improve in Quarter 4. This congestion may ease in Quarter 1 as Chinese demand for commodities slows down.<\/p>\n

Log supply from New Zealand is estimated to be 15-20% down in November as forest owners reduce harvest levels. This may mean there will be a shortage of log supply when Chinese demand does increase.<\/p>\n

Spruce supply from Europe will not increase much as containers are scarce. The domestic price for spruce sawn timber has fallen by approximately one third in the last two months.<\/p>\n

The Caixin China General Manufacturing PMI rose to 50 in September up from 49.2. The level of new orders rose for the first time in three months and sentiment strengthened to its highest point since June. Countering this positive outlook, new construction starts in September fell 13.54% from a year earlier. This was the sixth straight monthly decline which is the longest negative run since 2015.<\/p>\n

Demand for logs has been more uncertain due to credit issues in the property development sector and power shortages.<\/p>","protected":false},"excerpt":{"rendered":"

The CFR price for A-grade logs in China has remained variable but the top end is still 182 USD per JASm3\u00a0for October. There is pressure on this pricing for November shipments. Southern yellow pine (SYP) has dropped to 140 USD … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":65177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3254,3722,3690],"class_list":["post-81433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-china","tag-log-prices","tag-softwood-logs","topic-forestry","topic-industry-prices","topic-sawmilling","area-australia-and-pacific-region","area-china","area-europe","area-north-america","area-russia"],"acf":[],"yoast_head":"\nPressure on China softwood log prices due to congestion issues - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/pressure-china-softwood-log-prices-due-congestion-issues\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pressure on China softwood log prices due to congestion issues - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The CFR price for A-grade logs in China has remained variable but the top end is still 182 USD per JASm3\u00a0for October. 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