China logs and lumber imports slow down
Chinese imports of logs and lumber dramatically fell this year according to a report by the Wood Resources International.
Total value of imports from January to August came to $4.3 billion (€3.3 billion) but represents a 19% drop on the same time last year. Russia and Canada provide the bulk of imports into China (84%) with the US Chile and New Zealand making up the rest.
The average import value for all softwood lumber imported to China was down by $9 to $203/m3. Russian and Canadian lumber prices were impacted and fell by $19/m3 and $5/m3 respectively.