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  Home:  Global Wood   Industry News & Markets

China Wood Products Prices

16-31th May 2006


US Dollar Exchange Rates of  22th May 2006
China Yuan
8.026
Report from China
 

Russia is China¡¯s top log/ sawn supplier
In the first quarter of 2006, seven countries accounted for 92.2% of China¡¯s log imports and five countries accounted for 61.5% of its sawnwood imports. China¡¯s plywood imports declined to 106,200 m3, down 47% from the same period in 2005. Imports came mainly from Indonesia (7,800 m3) and Malaysia (31,300 m3).

The main ports for log imports were Manzhouli (34% of total imports), Harbin (23%), Nanjing (17%), Huhehaote (9%) and Kunming (4%), while the main ports for sawnwood imports were Shenzhen (24%), Nanjing (23.5%), Huhehaote (12%) and Kunming (8%).

USA is China¡¯s main plywood importer
Chinese exports of sawnwood reached 201,400 m3 in the first quarter shipped to the markets Japan (90,700 m3), Australia (21,700 m3), Rep. of Korea£¨ 19,100 m3) and Taiwan P.O.C. (10,100 m3). Plywood exports totalled 1.29 million m3£¬ up 24% from the same period in 2005.
The main plywood markets the USA (395,700 m3, 30.8%), Japan (120,800 m3, 9.4%), UK (63,200 m3, 4.9%) and Taiwan P.O.C. (56,600 m3, 4.4%).

China¡¯s furniture foreign trade records high growth
China exports of wooden furniture amounted to 44.18 million pieces worth $1.64 billion in the first quarter of 2006, up 25.6% in volume and 34.4% in value from the same period in 2005. At the same time, China also increased its imports of wooden furniture imports to 238,900 pieces worth $24.8 million, up 44% in volume and 43% in value. In addition, the imports and exports of
furniture semi-products grew as well. Imports of these products reached $5.03 million (up 6.6%) while exports rose 57.4% to $150.56 million.

Zhangjiagang alleges log specifications problems
Log imports through Zhangjiagang, one of Nanjing¡¯s ports, reached 385,000 m3 ($88.55 million) from January to February 2006, up 46% from the same period in 2005. Of the total, 214,700 m3 were from Southeast Asia and 169,800 m3 from Africa. Most log imports came from Malaysia (73,000 m3), PNG (131,400 m3) and Gabon (104,600 m3). Some Chinese importers are complaining about deficiencies in log specifications from Africa. According to importers, reported log diameters are often less than actual diameters. Importers claim that this resulted in economic damages of around $1.42 million, doubling the level of the same period in 2005.

 

 

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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

Source: ITTO'  Tropical Timber Market Report

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