China softwood log inventory dropped slightly to 2.4m m3 due to lower supply as log demand has remained steady at 55-60k m3 per day. The CFR price range for A grade is currently 125 USD per JASm3 for A grade. According to some Chinese sawmill owners about half of China’s mills will take a longer than usual break over the Chinese New Year Holiday period that starts 28th January 2025. This is due to a lack of demand for their product, and they don’t want to be left holding high inventory levels. If New Zealand ...
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