Prices for Russian sawn softwood in China have reached their peak

Demand for sawnwood is still outgrowing supply in China. In this context, prices for Russian Northwest spruce sawnwood peaked at $270/m3 (1-4 SF 30×125/150, center boards, Shanghai port) in November 2017. Prices for European spruce sawnwood have been reaching the level of $280-285/m3. Prices for pine sawnwood have also been growing in November, reaching the level of $250-260/ m3.

Customers note the shortage of thin pine board 19*100 and others in ports. However, traders report that sawnwood prices for selling to factories show no growth and do not keep up with the dynamics in ports.

Read in the latest issue of the monthly review of the Russian sawmilling industry WhatWood Russian Monthly Lumber Report No.12-2017 (27) – December 2017.