WebJan 30, 2024 · Indeed, the prices of random length lumber futures shed two thirds of their value over the last 11 months. In mid Janaury futures contracts fetched $344 per thousand board feet, down more than two ... WebJan 4, 2024 · Slowdown in China’s softwood log consumption indicates market correction. Demand for softwood logs in China remained favorable during the third quarter (Q3) of the year, despite seasonally lower consumption, COVID impacts to construction activity, and other supply chain disruptions. Imports of lumber and logs into China …
Lumber manufacturers & suppliers - Made-in-China.com
WebApr 11, 2024 · US Lumber Market Outlook for 2024-Q2. At the start of second quarter, 2024, global lumber markets are in disarray. Key markets in the US, Europe and China seem to be sliding backwards as demand eases and prices disappoint. Too much supply is again chasing too little demand, creating a loss position for high-cost regions in North … WebMay 26, 2024 · Beginning in early 2024, the Trump administration began three rounds of tariff hikes on $250 billion worth of imports from China, and the Chinese responded with retaliatory tariffs on $110 billion of U.S. products including hardwood and softwood lumber and logs. Chinese tariffs increased to 25% for oak and 20% for cherry and ash. birthe lehmann
Slowing wood demand reduces global trade of lumber
WebJan 15, 2024 · The United States has cultivated a strong export market for lumber products in China. Prior to the escalating trade war, the American Hardwood Export Council (AHEC) stated that the growth of the Chinese market would be “unlike anything ever encountered in this industry.” The Council predicted that in the near future 60 percent of American ... WebMar 9, 2024 · Log demand in China doesn’t meet expectations at the moment. China softwood log inventory is about 4.7-4.8m m3 with radiata accounting for about 3.2m m3. … WebNov 30, 2024 · The price of Finnish pine lumber rose slightly in the Chinese market. According to some Chinese importers, due to the Covid-19 pandemic and other factors, … birth element table