Total softwood log stocks across China have increased slightly and are now approximately 3.1-3.3 million m3. Inventory levels increased from last month mainly as a result of increased arrival volumes from the US caused by delays in berthing in the Yangtze Delta ports due to bad weather last month. According to interest.co.nz, increasing volumes of European spruce arriving by containers are competing strongly with New Zealand's radiata pine. Demand will obviously reduce over the Chinese Lunar New Year as the country celebrates the Year of the ...
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