In August 2022, the U.S. exports of hardwood lumber to China soared 47% year-on-year to 86 thousand m3. The value of exports jumped 54% to $72 million. According to Lesprom Analytics, the average price of hardwood lumber downed 4.4% compared to the previous month to $837 per m3.
Have you seen an increase in exports to China?
@Bill_Bash, @Brian_Gibson, @John_Barry, @Josh_Lucas, @Kyle_Jeske, @Richard_Uria
We have seen an increase. I believe it is due to other export/ domestic markets slowing down. Which in turn has had us move some volume to China.
China seems to be the buyer that’s always on the market, is that right?
They absorb a lot of the hardwood lumber. I believe somewhere in the neighborhood of 25% in years past. Not sure where that percentage is with their economy currently.
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