The import value of logs and lumber to China has fallen by 25% in 12 months because of declining housing constructions, reports the WRQ
The reduction in house construction in China has resulted in a substantial decline in the importation of forest products during 2015, reports the Wood Resource Quarterly. The total value of imported softwood logs and lumber has fallen 25% and import prices have declined almost 30% that past 12 months.Seattle, USA. China imported softwood logs and lumber valued at 498 million dollars during the month of November in 2015. This was 26% lower than the same month in 2014 and the third lowest monthly level in three years. As recently as April 2014, the import value was at an all-time high of