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January 29, 2023

China: Prices for imported timber expected to revive now

Before the Chinese New Year (CNY), among the arrival prices of China's imported timber used in mid-to-high-end wood products rebounded slightly. It is expected that the rise will also continue after the CNY, but the fluctuation of construction timber is not expected to be large.    Among them, the average price of Okoume logs arriving in Hong Kong before the festival remained at 302 US dollars per cubic meter. Due to the low domestic inventory, it may continue to rise in the short to medium term after the festival. At the same time ...

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