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China: Log stocks continue to decline, import prices show an upward trend
The log inventory in China continued to decline in August, and prices showed an upward trend. As of the end of August, the log inventory was 4.57 million m3, of which the radiata pine inventory was 3.46 million m3, the … Continue reading →
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China: Rise in CIF prices for lumber imports
CIF prices for China’s lumber imports from most suppliers rose in the first half of 2022, except for Thailand. Prices for lumber imports from Thailand alone fell 8% to US$250 per cubic meter in the first half of the year. … Continue reading →
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China: August review of the softwood log market
China softwood log inventory has remained stable at about 4.6 – 4.7m. Fresh pine logs are sold quickly after arrival in China, but some older stock is not moving. The current demand is in balance with supply and log buyers … Continue reading →
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China’s demand for softwood logs and lumber still sluggish in the third quarter
The implementation of pandemic prevention and control measures in China in the first half of the year had a great impact on logistics, transportation and timber market recovery. From January to July this year, China’s softwood lumber imports fell by … Continue reading →
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Ikea announces further investments in Chinese market
Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading →
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