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US Dollar Exchange Rates of 15th
Dec 2010 Report from China
In terms of imported volumes, Canada was the major supplier overtaking New Zealand which was the largest supplier last year. Other imports originated from the US, the Philippines and Australia. In the first three quarters of 2010, timber imports from Canada totalled 1.17 million cu.m, up 55% over the same period last year. Spruce sawnwood and Douglas fir logs were the main imported timber products. The average unit price was US$168 per cu.m, up 29% from last year. The unit price rise was more moderate for Canadian timber than for New Zealand timber, which was the main reason for the sharp increase of Canadian timber imports. Timber imports from New Zealand amounted to 875,000 cu.m in the first thee quarters of 2010, down 4% from the same period last year. Radiate pine logs were the main imported products. The average unit price was US$137 per cu.m, up 55%. In the first three quarters of 2010, timber imports from US surged 162% compared to the same period last year, amounting to 514 000 cu.m of timber. The average unit price was US$349 per cu.m, increasing 29% over last year. Timber imports from Australia totalled 242,000 cu.m in the first three quarters of 2010, 14% more than in the same period last year. Nearly 90% of imported timber was radiate pine logs. The average unit price was US$162.3 per cu.m, up 30%. Timber imports from the Philippines amounted to 319,000 cu.m in the first three quarters of 2010, a 103% jump over the same period of last year. Batai sawnwood (Aibizia falcataria) were the main imported species. The average unit price was US$98.4 per cu.m, increasing only slightly by 5%. According to analysts, the plywood export recovery resulted in improved demand for peeling quality logs from Chinese plywood manufacturers. Besides the five countries mentioned above, timber was imported through Shanghai from Indonesia (166,000 cu.m, up 111%), Russia (91,500 cu.m, down 13%), Germany (90,700 cu.m, up 107%), France (63,200 cu.m, up 172%), Malaysia (53,000 cu.m, up 16%), Brazil (37,000 cu.m, down 2%), Finland (18,000 cu.m, up 111%), Belgium (28,000 cu.m, up 180%) and Romania (18,000 cu.m).
Manzhouli is the largest land port city in China With the rapid development of China¡¯s economy as well as the implementation of the Natural Forest Protection Programme, imports of Russian logs and sawnwood though the Manzhouli port have been increasing in recent years. Imports of logs and sawnwood through the Manzhouli port amounted to 3.8 million cu.m in 2000, 5 million cu.m in 2001, 7.25 million cu.m in 2005 and topped 11 million cu.m in 2007. Since 2008, log imports have been declining due to the global economic situation and high taxes for Russian log exports. However, imports of sawnwood continued to grow. Many timber companies from Japan, Russia, Hong Kong, Macau and Taiwan P.o.C have established timber processing mills in Manzhouli, because of good raw material supply. The Manzhouli processing base comprises now over one hundred manufacturers producing veneer, panels, laminated wood, wooden decoration, wooden doors, windows and furniture. The main export destinations are the US, Japan, Republic of Korea and European countries. In 2009, annual timber processing capacity reached 7 million cu.m for sawnwood and 1.9 million cu.m for timber drying. From 2004 to 2009, the accumulated volume of processed wood amounted to 18.25 million cu.m with an annual average growth of 36%. During the period, the annual average growth of output value and profits were 62% and 29% respectively.
Nanxun of Zhejiang Province is major centre for wood flooring The government of Nanxun City expects that sales of large scale enterprises (annual output value over RMB5 million) will reach RMB20 billion by 2012 and RMB40 billion by 2015, which would be 3.5 times over the 2009 level. Currently, there are more than 400 enterprises out of which 23 enterprises have annual sales over RMB100 million. It is reported that wood flooring output and sales of solid wood flooring account for 30% and 60% of the national total respectively.
Sino-US forum on illegal logging and related trade The Chinese delegation including representatives from the State Forestry Administration (SFA), Global Access China (GAC) and various forestry associations and enterprises, was led by Mr. Zhang Yongli, the vice administrator of SFA. The US delegation comprised representatives from several governmental departments and was led by the assistant secretary of state and the assistant trade representative. The session discussed the mechanism for custom data exchange between the two countries, the implementation of the Amended Lacey Act and future cooperation, among other issues. The research project entitled ¡°Timber legality in Sino-US forest product trade¡± was launched formally.
US hardwood sales continue to grow in Chinese market China has been increasing imports of US hardwood for six consecutive years and for the rest of the year the growth is forecast to continue.
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Source: ITTO' Tropical Timber Market Report |
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