China: Sharp rise in value of log imports in H1/2021

China: Sharp rise in value of log imports in H1/2021
According to China Customs, log imports in the first half of 2021 totalled 31.26 million cubic metres valued at US$5.265 billion (CIF), up 29% in volume and 48% in value. The average price for imported logs was US$167 (CIF) per cubic metre, up 15% from the same period of 2020.    Of total log imports, softwood log imports surged 41% to 24.81 million cubic metres, accounting for 78% of the national total. The average price for imported softwood logs was US$142 (CIF) per cubic metre, up 24% from the same period ...

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