Log stocks and prices in China have remained stable, with daily demand increasing as construction activity gains momentum in cooler conditions. CFR prices for A-grade logs remain in the range around USD 115 per JASm³ for October vessel arrivals. Prices for pruned logs increased about USD 10 per JASm3 due to the low inventory of pruned logs. The larger P40 pruned logs now sell around the USD 160 per JASm3 range. Log demand in China has increased slightly over the last month to just over 60,000 m3 per day. As expected, log demand has increased due to ...
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