{"id":87982,"date":"2024-08-13T07:12:07","date_gmt":"2024-08-13T07:12:07","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/indias-log-import-market-is-currently-facing-several-challenges\/"},"modified":"2025-09-18T17:28:43","modified_gmt":"2025-09-18T17:28:43","slug":"indias-log-import-market-is-currently-facing-several-challenges","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/indias-log-import-market-is-currently-facing-several-challenges\/","title":{"rendered":"India\u2019s log import market is currently facing several challenges"},"content":{"rendered":"

<\/span>Many parts of northern and western India are inundated with floods. Kandla is also affected by the monsoon rains, with vessels often having to wait a week before berthing.<\/p>\n

Container freight costs for exports from India to Europe have tripled, putting pressure on Indian exports. This means less demand for pallets and packaging materials produced from logs.\u00a0Log demand should increase from mid-November, after Diwali is celebrated at the end of October.<\/p>\n

The IMF has upgraded India's GDP forecast in the FY2024-25 by 20 basis points from 6.8 to 7.0%. The growth momentum in the Indian construction sector is expected to continue over this period, recording a compound annual growth rate (CAGR) of 9.4% during 2024-2028. The construction output in India is expected to reach US$435 bln by 2028. This growth is due to investment in construction of hotels, industrial projects, green energy and transport infrastructure projects. The Green Hydrogen Mission alone is forecast to spend US$2.4 bln over the next five years.<\/p>\n

In July, both Uruguay and Australia loaded one vessel for arrival in August. It is expected that three vessels will be loaded during August from New Zealand which will arrive in Kandla in September.<\/p>\n

CFR prices for A grade from Uruguay is at US$148, while Australia and New Zealand logs sell for around US$143. This is an interesting market dynamic as New Zealand logs used to sell at higher prices than logs from Uruguay. Green lumber is being sold at 581 to 601 INF per CFT and demand is lukewarm. Southern Yellow Pine (SYP) green lumber is sold at 611 INR per CFT.<\/p>","protected":false},"excerpt":{"rendered":"

Many parts of northern and western India are inundated with floods. Kandla is also affected by the monsoon rains, with vessels often having to wait a week before berthing. 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