Log export update: June
Wednesday 7 Aug 2019Log export markets - This week we've got our monthly update from the Champion Freight team. In June wood exports to China and India were up again, but all other key Asian log markets were down.
The chart shows total log export values to China year-on-year to the end of June were up 20 percent year-on-year contributing to overall log exports growing 16 percent across all markets. Logs to India, our second largest log market, grew 27 percent in June y-o-y but are valued at less than 10 percent of shipments to China
To the end of June, China shipments month-on-month were up 23 percent and overall log exports up 18 percent. Logs to India grew 142 percent month-on-month in June.
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