China softwood log inventory has remained stable at about 4.6 - 4.7m. Fresh pine logs are sold quickly after arrival in China, but some older stock is not moving. The current demand is in balance with supply and log buyers obviously prefer to buy the fresher stock as it arrives. Logs used in furniture manufacturing are also selling faster than logs used in the construction industry. The older stock will more likely be used in the construction industry but will be hard to move until construction activity increases. Daily port log offtake remained stable over ...
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