China's log imports down in first nine months of 2015Friday 18 Dec 2015 In the first three quarters of 2015, China’s log imports dropped by 14% in volume and 31% in value compared with the same period in 2014, IHB/Fordaq reported on 24 November. The value of softwood log imports in the period was around US$2.8 billion on a volume of 22.8 million m³, representing an average value of US$122/m³.Prices have been declining the Chinese softwood log market since the first quarter of 2014. In August, the average cost of imported softwood logs was at its lowest level since 2009, down 28% from the peak reached in April of 2014. Logs from Canada, New Zealand and Russia have seen the biggest price drops this year, reported IHB/Fordaq. Imported lumber prices in China have also fallen during 2015, but less dramatically. Lumber imported from Europe has seen the biggest drop in prices, while the price decline for US-sourced hemlock and Douglas fir has been moderate. Source: Industry Intelligence Inc. |
Copyright 2004-2026 © Innovatek Ltd. All rights reserved. |