Subdued lumber demand in India due to container issues
Demand for lumber in India remains subdued due to ongoing shortages in container availability for exports. Liners are repositioning empty containers from Dubai and Singapore for export of Indian goods. Kandla port will receive about three log ships from South America during July. Kandla green lumber price is hovering at INR 621 for South American and INR 671 for Australian origins. Kandla may get 4 ship loads from South America, during August. Tuticorin is facing a log shortage. A part bulk shipment is expected to arrive at Tuticorin port in early July, to discharge ...
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