China’s Softwood Log Import Market: Lumbering Towards Uncertain Times

"Struggling Chinese Log Buyers Face Credit Issues as New Zealand's Log Demand Declines Amidst Construction Slowdown"

Chinese log buyers are facing ongoing challenges with credit issues, while log demand in New Zealand is decreasing due to a decline in construction activity caused by high inflation and interest costs. The inventory of China’s softwood logs has seen a slight increase, reaching approximately 4 million m3, with radiata logs accounting for about 3.15 million m3 of the total. Despite these challenges, the off-take at ports has remained steady, ranging between 70,000 and 75,000 m3 per day.

However, the supply volume from New Zealand is expected to see a significant drop in the coming months. This is because many forest owners in New Zealand have either halted or slowed down their harvest operations. As a result, many ports in the country have now…

John O Mahony

John O Mahony

Leave a Replay

Scroll to Top