{"id":89033,"date":"2025-07-04T07:14:02","date_gmt":"2025-07-04T07:14:02","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-log-prices-hold-steady-but-summer-heat-and-rain-slow-construction-pose-problems\/"},"modified":"2025-09-19T09:04:34","modified_gmt":"2025-09-19T09:04:34","slug":"china-log-prices-hold-steady-but-summer-heat-and-rain-slow-construction-pose-problems","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-log-prices-hold-steady-but-summer-heat-and-rain-slow-construction-pose-problems\/","title":{"rendered":"China log prices hold steady, but summer heat and rain slow construction pose problems"},"content":{"rendered":"

CFR prices for A-grade logs arriving in China remain stable at around USD 113\u2013115 per JASm\u00b3 for July vessel arrivals. <\/span>While demand is subdued by historical standards, daily off-take remains consistent at 50,000\u201360,000 m\u00b3 per day. Seasonal heat and rainfall are expected to dampen construction activity in the coming months, which may result in slightly softer demand.<\/p>\n

Between January and April 2025, New Zealand exported 5.89 million m\u00b3 of logs to China, down just 4% compared to the same period last year. However, more recent data suggests a 10% reduction in New Zealand log shipments\u2014especially from the South Island\u2014which has helped draw down Chinese log inventories.<\/p>\n

Over the same four-month period, China imported 570,000 m\u00b3 of logs from Japan, marking a 26% year-on-year increase. Still, Japan accounts for only 7% of the 7.97 million m\u00b3 of logs imported by China during that time. Japan\u2019s export increase reflects its plan to boost plantation harvesting by 20% over the next decade\u2014partly due to public health concerns, as nearly 40% of the population suffers from pollen allergies linked to aging cedar and cypress forests. These Japanese volumes have effectively replaced log imports from the United States.<\/p>\n

Economic indicators, however, point to growing uncertainty. The Caixin China General Manufacturing PMI fell sharply to 49.5 in May, down from 50.4 in April, marking the first contraction in eight months and the steepest drop since September 2022. Output and new orders declined significantly, with foreign sales hitting their lowest level since July 2023. Despite the downturn, market sentiment has improved on hopes of policy support and improved economic conditions.<\/p>\n

In the domestic log market, the A-grade log price is about 750 RMB\/m\u00b3 (approx. USD 103), while futures contracts trade at 806 RMB\/m\u00b3 (approx. USD 110). The disconnect suggests market optimism for future pricing, although the futures and spot markets appear to be operating independently.<\/p>","protected":false},"excerpt":{"rendered":"

CFR prices for A-grade logs arriving in China remain stable at around USD 113\u2013115 per JASm\u00b3 for July vessel arrivals. While demand is subdued by historical standards, daily off-take remains consistent at 50,000\u201360,000 m\u00b3 per day. Seasonal heat and rainfall … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":50502,"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-89033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nChina log prices hold steady, but summer heat and rain slow construction pose problems - 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\/china-log-prices-hold-steady-but-summer-heat-and-rain-slow-construction-pose-problems\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China log prices hold steady, but summer heat and rain slow construction pose problems - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"CFR prices for A-grade logs arriving in China remain stable at around USD 113\u2013115 per JASm\u00b3 for July vessel arrivals. 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