China softwood log inventory remains below the 4m m3 despite China having the Golden Week holiday at the start of October. There is also a lot less spruce in China as arrivals from Europe has dropped dramatically. This inventory is now less than 500k m3. Daily port log volume off-take has not fully rebounded since the Golden Week and is only about 60k per day. (It was 70k per day before the holiday period). There is still a wide range of CFR sale prices in China depending upon vessel timing and sales strategies. The current ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
