Positive signs emerge in China’s log import market

After months of stagnation, China's log import market is showing signs of recovery, with October prices for A-grade logs surpassing $120/m³ at the wharf gate for the first time in seven months. This boost is due to several factors, including lower shipping rates and slightly higher in-market sales prices. Current log offers vary depending on the port, ranging from the mid to high $120s in some areas, while southern regions see lower rates, with prices around $110/m³. China’s on-port log inventory has reportedly dropped by 700,000m³ over the past month, bringing ...