Price for wooden pallets exported from China expanded 6%.
Marchés
February purchases show mixed performance with coated free sheet rising 6% while uncoated and mechanical grades fall 5% each.
Index rises 2% over the past month from $513, with no change from the previous week.
Compared with the previous month, production was up 1.2%.
Price for wood furniture exported from China lost 8%.
Model results show higher EU and UK production, lower U.S. Southeast prices, and larger trade changes than production changes after the rules take effect.
Imports of bleached kraft pulp to China rose 3%.
Price for lumber exported from Belarus to China slid 3%.
Price for bleached kraft pulp exported from Uruguay to China grew only 0.9%.
Price for plywood exported from China fell marginally 0.9%.
Price for wood chips exported from Australia to China gained 3%.
Price for logs imported to China upped 1.6%.
Price for sawlog exported from Germany to China decreased slightly 0.8%.
Price for softwood logs imported to China slipped 3%.
Price for softwood lumber imported to China rose 1.5%.
Price for lumber exported from New Zealand lost 15%.
Price for logs exported from New Zealand rose 1.3%.
Price for lumber exported from Russia to Kazakhstan fell marginally 0.5%.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.