China: Another decline in softwood log imports and prices

According to China Customs, China's log imports totalled 20.31 million cubic metres valued at US$3.566 billion in the first half of 2023, down 9% in volume and 22% in value over the same period of 2022. The average price for imported logs was US$176 (CIF) per cubic metre, down 10% from the same period of 2022. Of total log imports, softwood log imports fell 2% to 14.87 million cubic metres, accounting for 73% of the national total, up 5% from the same period of 2022. The average price for imported softwood logs ...