China’s softwood log and lumber imports show signs of bottoming out

China’s demand for softwood logs has likely reached its lowest point, with expectations that buying activity will increase in the coming months. However, reduced log shipments from New Zealand to China’s large ports have added pressure on traders who are already facing difficulties selling into a market weakened by the ongoing trade tensions between China and the United States. Property market remains weak, limiting demand China’s real estate sector continues to struggle, with housing demand well below past peaks. China’s population is shrinking, and property prices are expected to decline, which reduces demand for ...