FEA Update: China softwood log inventories
Friday 19 Aug 2022FEA industry sources in China report that softwood log inventories at the country’s main ocean ports totalled 4.96 million m3 on July 30th, 2022, a decline of 3% (-14,600 m3) from early July, as follows:
• Radiata pine log inventory volumes from New Zealand and South America amounted to 3.62 million m3, a slight increase of 1% from a month earlier and comprising nearly 73% of overall log inventories (versus 70% in early July).
• North American Douglas-fir and hemlock log volumes totalled 553,000 m3, a sharp decline of 21% from the previous month and accounting for nearly 11% of overall log inventories (versus 14% in early July).
• European spruce logs totalled 486,000 m3, down 10% from a month earlier and comprising nearly 10% of log inventories.
• Softwood log inventories from other countries (including Japanese Sugi, European red pine logs, etc) amounted to 310,000 m3 (+11%).
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