The CFR sale prices for logs increases slightly in early August to 112 USD per JASm3

Posted on August 31, 2020

Log inventory in China has been stable over the last month and sits around 4.2 million m3 Log exports to China from North and South America increased 35% over the first six months of 2020. Exports of Southern Yellow Pine (SYP) logs increased by 25% during the first six months of the year. This increase is mainly explained by the suspension of the retaliatory Chinese government tariffs on US forest products. The Australian supply increased to 590k m3 in June, which was 27% or 110k m3 higher than any previous month.