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China Wood Products Prices
　

01-15th November 2014

US Dollar Exchange Rates of  10th November 2014
China Yuan 6.1207

Report from China 

 Manufacturing PMI only barely above negative
threshold
China‟s manufacturing PMI, a measure of activity in the
manufacturing sector and a leading indicator of the
economy, fell to a five-month low in October.
Small companies continue to be hardest hit by the slowing
domestic growth. In mid-year the government began a
further round of support aimed at stimulating growth but
the latest figures suggest more stimulus measures may be
forthcoming.
The National Bureau of Statistics survey indicates that the
October manufacturing purchasing managers index (PMI)
was 50.8 percent, 0.3 percentage points lower than a
month earlier. The index remained just above the key 50
level which separates expansion from contraction of
manufacturing output.

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Abbreviations

LM        Loyale Merchant, a grade of log parcel	Cu.m         Cubic Metre
QS         Qualite Superieure	Koku         0.278 Cu.m or 120BF
CI          Choix Industriel	FFR            French Franc
CE         Choix Economique	SQ              Sawmill Quality
CS         Choix Supplimentaire	SSQ            Select Sawmill Quality
FOB      Free-on-Board	FAS            Sawnwood Grade First and
KD        Kiln Dry	Second
AD        Air Dry	WBP           Water and Boil Proof
Boule    A Log Sawn Through and Through	MR              Moisture Resistant
the boards from one log are bundled	pc         per piece
together	ea                each
BB/CC  Grade B faced and Grade C backed	MBF           1000 Board Feet
Plywood	MDF           Medium Density Fibreboard
BF         Board Foot	F.CFA         CFA Franc
Sq.Ft     Square Foot	Price has moved up or down