About nine bulk shipments of logs are expected in Kandla port in June; five from Uruguay, three from Australia and one from the USA. Demand is still struggling in this area due to a lack of container shipping space for exports which in turn reduces the requirement for pallets. There are containers of USA SYP logs unsold and afloat to Mundra port. This will only increase the pressure on the price. Log buyers also fear demand will fall further in June with monsoon rains forecast to arrive. ...
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