The CFR price for A-grade logs is currently in the USD 126–129 range. While exporters are offering around USD 131, the market has so far resisted breaking through the USD 130 threshold. Wholesale prices in China have remained relatively stable; however, emerging inflationary pressures, partly driven by higher oil prices, are beginning to surface. Softwood log inventories in China have increased slightly, as expected, reflecting higher harvest production in New Zealand during March. This period typically sees elevated output due to a full schedule of working days in March and favourable operating conditions before the onset of ...
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