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February 18, 2019

Slowdown in Chinese lumber imports in 2018; weaker demand and price uncertainty due to trade war with US

China's demand for logs and lumber grew in 2018 as compared to 2017, but most of the gains were recorded in the first half to two-thirds of the year, before a slowdown occurred. Aside from weaker demand, the start of the US-China trade war in the second half of 2018 created price uncertainty and this kept buyers on the sidelines as they waited out the dispute (and many still are).

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