Champion Freight: Log Export Market Update

Wednesday 15 Jun 2022

 
Log export market update - Thanks to the team at Champion Freight - Log exports to China have got the winter chills and ills and are heading for the dumpster. Today's figures are for April and it doesn't take a rocket scientist to figure out that prices and volumes can be vaguely correlated to current temperatures ... cooling.

Today's chart shows total log export values to China to the end of April were up 7 percent year-on-year contributing to overall log exports reducing by 3 percent across all export markets. Log exports to South Korea were up 5 percent up while volumes to Japan were up 27 while shipments to India were down 69%.

For the month ended in April, China shipments were down 13 percent, driving overall log exports for the month down by 16 percent. Logs to South Korea were down 6 percent.


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