CFR log prices in China rose about 6 USD per JASm3 through June and these price increases are expected to continue in July. Log inventory levels in China continue to fall slowly but steadily, while daily log demand remains steady at 70k m3 per day. The PF Olsen Log Price Index increased from $113 to $116 in June. This is $3 below the two-year and three-year averages, and $4 below the five-year average. China log inventory continues to reduce slowly, and daily port off-take remains around 70k per day. The average sale price for ...
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