Sharp rise in CIF prices for China’s softwood log imports
According to China Customs, log imports in 2021 totalled 63.58 million cubic metres valued at US$11.594 billion (CIF), a year on year growth of 6% in volume and 38% in value. The average price for imported logs was US$182 (CIF) per cubic metre, up 29% on levels in 2020. Of total log imports 2021 softwood log imports rose 7% to 49.88 million cubic metres and accounted for 78% of the national total. The average price for imported softwood logs was US$158 (CIF) per cubic metre, up 35% on levels in 2020. ...
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