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June 12, 2023

China: Fall in CIF prices for softwood lumber imports

According to Chinese customs statistics, total lumber imports in the first quarter of 2023 amounted to 6.522 million cubic meters, valued at $1.658 billion, a 3% increase in volume but an 8% decrease in value compared to the first quarter of 2022. The average price for imported lumber was $254 per cubic meter (CIF) in the first quarter, up 12% from the same period in 2022.    Of the total lumber imports, softwood lumber imports increased by 9% to 4.42 million cubic meters, accounting for 68% of the national total. However, the average price ...

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