US Dollar Exchange Rates of 31th July. 2009
China Yuan 6.8321
Report from China
China¡¯s forest products trade falls nearly 18%
According to China¡¯s latest Customs statistics, foreign
trade of China¡¯s forest products in the first five months
showed a year-on-year general downturn. The total value
of foreign trade of China¡¯s forest products in the first five
months was USD21.19 billion, a year-on-year decrease of
17.7%, accounting for 2.8% of the total value of national
foreign trade. Of the total, the value of China¡¯s forest
products imports fell 25% to USD8.93 billion, making up
2.6% of the total value of national imports. The value of
China¡¯s forest products exports declined 12% to
USD12.26 billion, accounting for 2.9% of the total value
of national exports.
Value of China¡¯s wood products outputs jumps in 2008
The total output value of China¡¯s forest products industry
in 2008 reached RMB1.44 trillion yuan, up 15% from
2007. The total value of foreign trade of China¡¯s forest
products topped USD70 billion. China has maintained its
position as a major global production and trade center. The
output value of the forest industry in the first, second and
third quarters rose 15%, 13% and 27% from 2007 to
RMB635.9 billion yuan, RMB683.8 billion yuan and
RMB120.9 billion yuan respectively.
Timber output
The timber output in 2008 totaled 81 million m³, over 17
million m³ more than in 1997, up 16% from 2007 and a
record high. Of the total, the output of industrial logs rose
13% to 73.57 million m³. The output of fuelwood grew
55% to 7.51 million m³.
Sawnwood production
The production of sawnwood in 2008 totaled 28.41 million
m³, up 0.42% from 2007. Of the total, the production of
tropical sawnwood was 1.27 million m³ by volume, or
4.5% of the total.
Wood-based panel production
The production of wood-based panels in 2008 totaled
94.10 million m³, up 6% from 2007. Of the total, the
output of plywood fell 0.58% to 35.41 million m³,
accounting for 38% of the total wood-based panel outputs.
The production of fiberboard rose 6% to just over 29
million m³, making up 31%. The production of particle
board grew 38% to 11.42 million m³, accounting for 12%
of total output. The output of other wood-based panels
rose 6% to 18.2 million m³ (72% was block board),
making up 19%. In addition, the output of decorative
panels was 227 million m². The output of veneer was
22.84 million m³.
Wood flooring production
The output of wood flooring in 2008 totaled 377 million
m², up nearly 10%. Of the total, the output of solid wood
flooring came to 123 million m², accounting for 33%. The
output of wood composite flooring amounted to 79 million
m², making up 21%. The output of impregnated paper
laminate flooring was 116 million m², accounting for 31%.
The output of bamboo wood composite flooring came to
13.68 million square meters, or 4% of total output. The
largest output of wood flooring was in Zhejiang Province.
Bamboo production
The output of bamboo in 2008 totaled 1262 million pieces,
down 10% from 2007. Of the total, the output of Mao
bamboo came to 860 million pieces.
The sales prices for major forest products
The average price for timber is RMB667 yuan per m³, up
4% from 2007. The average price for sawnwood rose 8%
to RMB1084 yuan per m³. The average price for wood
chips fell 8.57% to RMB640 yuan per m³. The average
price for wood flooring fell 7% to RMB119 yuan per
square meter. The average price for plywood fell 4% to
RMB1834 yuan per m³. The average price for wood chips
fell 8.57% to RMB640 yuan per m³. The average price for
MDF rose 4% to RMB1409 yuan per m³. The average
price for particle board fell 7% to RMB1098 yuan per m³.
The average price for Mao bamboo is RMB11 yuan per
piece, keeping the same level as the previous year.
Imports of redwood fall by half through Guangxi Port
According to the report from Nanning Customs, in the first
half of 2009 the value of redwood imports through
Guangxi Port fell 52% to USD18.38 million. Of the total,
both redwood logs and sawnwood imports fell
dramatically 76% and 96% to USD6.21 million and
USD0.14 million respectively.
However, redwood furniture imports through the port
skyrocketed. The value of redwood bedroom furniture
imports rose 110% to USD3.29 million. The value of other
redwood furniture imports soared 190% to USD3.22
million. According to the analysis of Nanning Customs,
the main reason for the sharp increase was that redwood
furniture of good quality and high added value were very
popular in China.
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