China: Log imports down 60% in the first half of 2020
China’s log imports fell sharply in the first half of 2020 to 24.51 million cubic metres valued at $3.558 billion, down 60% in volume and 62% in value from the same period of 2019, ITTO reported.
Of total log imports, softwood log imports fell 61% to 17.64 million cubic metres, accounting for 72% of the national total. Hardwood log imports fell 55% to 6.87 million cubic metres (28% of the national total log imports).
Of total hardwood log imports, tropical log imports were 4.11 million cubic metres valued at $956 million, down 59% in volume and 64% in value from the same period of 2019 and accounted for 60% of all hardwood log imports.