Strong demand for logs in China due to busy construction season
Log inventory in China has increased about 300k m3 in the last month to around 4.6m m3, with congestion now only at the one area in Lan Shan where there is a 12-14 days delay in ship unloading. While this level of log stock is higher than usual at this time of the year, an increase of 300k m3 was not unexpected as China went through Chinese National Day Holiday week in the first week of October. According to a scoop.nz report, daily log use in China is now reported at 100k to 105k m3 ...
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