China: Rise in CIF prices for lumber imports

CIF prices for China’s lumber imports from most suppliers rose in the first half of 2022, except for Thailand. Prices for lumber imports from Thailand alone fell 8% to US$250 per cubic meter in the first half of the year. … Continue reading → The post China: Rise in...

China: August review of the softwood log market

China softwood log inventory has remained stable at about 4.6 – 4.7m. Fresh pine logs are sold quickly after arrival in China, but some older stock is not moving. The current demand is in balance with supply and log buyers … Continue reading → The post China:...

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading → The post Ikea...