{"id":87184,"date":"2024-01-09T08:37:57","date_gmt":"2024-01-09T08:37:57","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/chinas-log-demand-slows-due-to-low-temperatures\/"},"modified":"2025-09-18T17:27:23","modified_gmt":"2025-09-18T17:27:23","slug":"chinas-log-demand-slows-due-to-low-temperatures","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/chinas-log-demand-slows-due-to-low-temperatures\/","title":{"rendered":"China\u2019s log demand slows due to low temperatures"},"content":{"rendered":"

Log demand in China remained steady through November and early December but severely low temperatures at the end of December has slowed construction activity. Log sale prices had increased due to market concerns about reduced supply from New Zealand.<\/span><\/p>\n

China softwood log inventory is about 2.4m m3, and daily port off-take has remained about 60-70k m3 per day. Sawmills in Northern China have closed this week due to very severe cold weather conditions and sawmills in Southern China plan to close early for the Chinese New Year. The CFR sale price for A grade pine logs in China is now in the range 127-130 USD per JASm3.<\/p>\n

The wholesale log price dropped in December as construction activity has reduced due to the very cold weather conditions.<\/p>\n

The market expects inventory to rise to about 2.5m m3 after the Chinese Lunar New Year in February 2024, but this may increase more if activity is constrained for longer than expected due to the weather conditions.<\/p>\n

On September 28th China Forestry Group was acquired by China Three Gorges Group. This situation is relatively rare among central enterprises, so about 500k JASm3 of log volume remains unsold as the machinations of this acquisition are worked through. Due to the low temperatures in China at the moment, this stock should still be suitable as it filters back into the market.<\/p>\n

The China Caixin Manufacturing PMI increased from 49.5 in October to 50.7 in November. (Any number above 50 signals manufacturing growth). Recent market stimulation efforts from the Chinese Government has increased both output and buying levels.<\/p>","protected":false},"excerpt":{"rendered":"

Log demand in China remained steady through November and early December but severely low temperatures at the end of December has slowed construction activity. Log sale prices had increased due to market concerns about reduced supply from New Zealand. China … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":49943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-87184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nChina\u2019s log demand slows due to low temperatures - 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\/chinas-log-demand-slows-due-to-low-temperatures\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s log demand slows due to low temperatures - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Log demand in China remained steady through November and early December but severely low temperatures at the end of December has slowed construction activity. 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