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September 6, 2023

China: Fall in CIF prices for softwood lumber imports continues

According to data from China Customs, in the first half of 2023 lumber imports totalled 14.31 million cubic metres valued at US$3.659 billion, up 10% year on year in volume but down 5% in value. The average CIF price for imported lumber declined 13% to US$256 per cubic metre over the same period of 2022.    Of total lumber imports softwood lumber imports rose 22% to 9.47 million cubic metres, accounting for 66% of the national total and up 3% over the same period of 2022.    The average ...

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