China's timber imports plunge

Mongabay: Imports of logs and timber to China plunged 19 percent during the first eight months of 2012 relative to the same period a year earlier reports the Wood Resource Quarterly. The slowdown is attributed to a drop in demand due to reduced construction. China imported $4.3 billion worth of logs and lumber through the end of August, 19 percent last year. Log imports dropped 17 percent by volume, lumber volume fell 5 percent. The biggest decline in log imports were from Russia and the U.S. Prices fell...

URL: http://news.mongabay.com/2012/1017-china-lumber.html