{"id":87455,"date":"2024-04-10T06:31:03","date_gmt":"2024-04-10T06:31:03","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/india-steady-timber-import-demand\/"},"modified":"2025-09-19T09:01:49","modified_gmt":"2025-09-19T09:01:49","slug":"india-steady-timber-import-demand","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/india-steady-timber-import-demand\/","title":{"rendered":"India: Steady timber import demand"},"content":{"rendered":"

Demand in Kandla for green sawn timber is steady at INR 571 and INR 601 per CFT from timber from South America and Australian pine logs respectively.<\/span><\/p>\n

A log vessel will load\u00a0in New Zealand in early April to\u00a0arrive in Kandla in early May. Planning is underway for a couple of additional log vessels from New Zealand as log exporters seek alternatives to the constrained China log market.<\/p>\n

However, the market expects about five log vessels from South America to arrive in May and the market may be oversupplied if more vessels are loaded from NZ to Kandla. One advantage for New Zealand is that the Indian log buyers prefer our pine logs.<\/p>\n

In Tuticorin, pine log supplies from the USA are erratic due to adverse weather and the Red Sea issues. Some containers are arriving from Australia and New Zealand with radiata pine logs. Green sawn timber is sold in the range INR 650 to 700 per CFT.<\/p>\n

With the Indian Parliamentary Elections scheduled between April 19th and June 1st, many sawmill workers have returned to their villages to cast their vote and for agricultural harvest work. They can return by mid- June, when the election results will be declared.<\/p>\n

Market sentiment is that the demand for pine wood will increase in Quarter 3, as many new infrastructure projects will be implemented by the new Union Government, so that India's GDP surpasses USD 35 trillion by 2047.<\/p>\n

Housing sales in Quarter 1 in India (across the top seven cities) increased 14% compared with housing sales in Quarter 1 2023 and are at decade high levels.<\/p>","protected":false},"excerpt":{"rendered":"

Demand in Kandla for green sawn timber is steady at INR 571 and INR 601 per CFT from timber from South America and Australian pine logs respectively. 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