Log export update for May
Wednesday 10 Jul 2019Remember the good ol' day back in May when log exports to China were up again, against the trend for all other key Asian log markets that were flat or down. The chart shows total log export values to China year-on-year to the end of May were up 19 percent contributing to overall log exports growing 16 percent across all markets. Thanks to Champion Freight for this week’s update.
Month-on-month to the end of May, shipment values to China were up 28 percent and overall log export market values up 14 percent.
Data from China Customs shows Russian log exports to China dropped in the first 5 months of 2019. Volumes were down by over 26% to 3.6 million m3.
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