China is reportedly moving shipping containers directly to logging sites in the United States, which could be detrimental as they will be removing logs from an already tight log market.
With an increased Chinese interest, removing logs from an already tight U.S. market could raise lumber prices inside the country. Chinese buyers are paying 50 percent more than the typical sawmill price for logs, says Wood Doctor Gene Wengert. They are paying the equivalent of $900 per 1000 bf, which means the wood will be very expensive when they saw it.
The species they want are red oak, white oak, hickory and cherry. These woods are trending in China among the newly wealthy, who have a taste for a higher quality product. They have markets that will pay this high price.
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