July log market holds firm despite soft Indian demand
Local log prices remain steady despite reduced sawmill capacity, with strong Chinese demand offsetting weaker Indian markets.
China's log demand remains steady and positive, while demand from India has softened. Reduced sawmill capacity locally combined with modest domestic demand has helped prices hold firm, with improved capacity utilisation supporting the market.
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July log market report
China log demand is steady and positive while it is soft from India. But reduced sawmill capacity locally and modest demand has seen prices hold up as capacity is better utilised