FEA Update: China softwood log inventoriesFriday 23 Feb 2024 China’s Softwood Log Inventories at Ocean Ports -- FEA industry sources in China report that softwood log inventories at the country’s main ocean ports totalled 2.5 million m³ on January 27, up 1.4% (+35,000 m³) from late December, as follows:
Average daily sales reached 57,875 m³ in January, versus 17,650 m³ in January 2023 and 45,000 m³ in January 2022. Of note, the Spring Festival Day this year is on February 10; this is 19 days later than in 2023 and 9 days later than in 2022. The majority of mills cease production only at the end of January and take three to four weeks off for the holiday. Production is expected to return to normal following February 24’s Lantern Festival. Therefore, February will be a quieter month this year than previously. ![]() For more information on FEA’s China Bulletin where this data is reported monthly, please visit https://getfea.com/publication/china-bulletin, or contact Matt Robertson at mrobertson@getfea.com. Source: FEA |
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