{"id":89188,"date":"2025-08-19T09:22:03","date_gmt":"2025-08-19T09:22:03","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/china-log-prices-hold-firm-as-inventories-slip-below-3-million-m%c2%b3\/"},"modified":"2025-09-19T09:04:51","modified_gmt":"2025-09-19T09:04:51","slug":"china-log-prices-hold-firm-as-inventories-slip-below-3-million-m%c2%b3","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/china-log-prices-hold-firm-as-inventories-slip-below-3-million-m%c2%b3\/","title":{"rendered":"China log prices hold firm as inventories slip below 3 million m\u00b3"},"content":{"rendered":"

<\/span>Log prices in China are holding at relatively firm levels for this time of year, supported by steady demand and tighter supply from New Zealand. At-wharf-gate (AWG) prices in New Zealand\u2019s Southern North Island ports were set at around NZ$122\/JAS for A-grade 3.9m logs in August, the highest August spot level since 2018. In the Chinese market, wholesale prices for radiata pine middle A-grade eased RMB 10\/m\u00b3 in late July versus June, while hemlock and spruce logs posted gains of RMB 10\u201330\/m\u00b3.<\/p>\n

Export flows have remained resilient. Log uplift from Chinese ports increased from 50,000 m\u00b3\/day in early July to just under 60,000 m\u00b3\/day, indicating renewed momentum as the construction season begins. Traders expect sales prices to firm further into Q4, a period that typically sees historical price increases, particularly as New Zealand supply remains constrained.<\/p>\n

The recently launched log futures market in China is beginning to play a role in pricing dynamics. Around 115,000 m\u00b3 was delivered against futures contracts in July, its first month of operation, with industry participants expecting buyer activity in this channel to expand in coming months.<\/p>\n

China\u2019s softwood log inventories at major ocean ports fell to 2.96 million m\u00b3 on August 2, 2025, down 4.2% (-131,000 m\u00b3) from late June. Radiata pine logs from New Zealand and Australia totalled 2.56 million m\u00b3, comprising nearly 86% of the overall inventory, up from 83% a month earlier.<\/p>\n

Other origins saw sharper declines:<\/p>\n

-Douglas-fir and hemlock stocks dropped 53% to 75,000 m\u00b3 (2.5% share).<\/p>\n

-European spruce logs fell 33% to 79,000 m\u00b3 (2.5% share).<\/p>\n

-Logs from other suppliers, including Japanese sugi and European red pine, totalled 249,000 m\u00b3 (-2.7%).<\/p>\n

Average daily sales volumes reached 50,680 m\u00b3 in July, broadly stable from July 2024 but still well below 2023 levels of 72,500 m\u00b3.<\/p>\n

With inventories below the key 3 million m\u00b3 threshold, New Zealand supply constrained, and seasonal construction demand rising in China, market participants expect further upward pressure on log prices into Q4 2025.<\/p>","protected":false},"excerpt":{"rendered":"

Log prices in China are holding at relatively firm levels for this time of year, supported by steady demand and tighter supply from New Zealand. At-wharf-gate (AWG) prices in New Zealand\u2019s Southern North Island ports were set at around NZ$122\/JAS … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":50445,"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-89188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"\nChina log prices hold firm as inventories slip below 3 million m\u00b3 - 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-firm-as-inventories-slip-below-3-million-m\u00b3\/\" \/>\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 firm as inventories slip below 3 million m\u00b3 - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Log prices in China are holding at relatively firm levels for this time of year, supported by steady demand and tighter supply from New Zealand. 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