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The price for an A grade log in the China log market has remained around USD 124 per JASm3. The demand for logs has already started to reduce in advance of the China Lunar New Year next month. The softwood log inventory has risen to approximately 4.4M m3.
The spruce logs from the timber salvage programs in Europe continue to impact the China log market with most of the current spruce logs coming from Germany and a smaller amount from the Czech Republic, and other neighbouring countries.
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