China’s imported softwood lumber prices increased by nearly 50%

In August, the volume of imported logs to China was 2.6842 million cubic meters, a year-on-year decrease of 26%. The import value decreased by 33.4 billion yuan (43.42 million euros), down 33.1% compared to the previous year. Imported softwood lumber also experienced its first negative growth after the Chinese New Year holiday this year, declining by 9.7%. The import volume was 2.16 million cubic meters, and the import value decreased by 21.1% to 36.9 billion yuan (44.43 million euros). Looking at the average price of softwood lumber ...