China

Dramatic decline in China’s softwood log imports in H1/2022

China’s log imports in the first half of 2022 totaled 22.38 million cubic meters valued at US$4 [...]

Russian birch plywood enters the European market through China

Several birch plywood importers from the UK have reported an increase of offers from the far east in recent weeks [...]

Log demand in China remains weak at the moment

China softwood log inventory has remained stable at about 5.0M. Daily port log offtake has dropped to around 60 [...]

Many sawmills close in Gabon and Cameroon due fuel shortage

In Cameroon more than 50 sawmills have stopped production and in Gabon 22 sawmills, mostly Chinese, have ceased production. In [...]

Global trade of softwood lumber slowed in early 2022

Global trade of softwood lumber slowed in early 2022, in particular lumber headed to China, the US, and Germany, where [...]

New Zealand log export prices to China fall more than 20% in June

A weaker timber market in China, rising transport costs and exchange rate impacts have contributed to a drop of more [...]

New Zealand log export prices at a low level in June

    June is historically the poorest performing month in the New Zealand export log market and this [...]

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

Rebound in China’s log imports expected from August

Generally, in June there is a supply and demand imbalance in China as the seasonal demand drops during the Chinese [...]