Get Your Quotation

  Home:  Global Wood   Industry News & Markets

China Wood Products Prices

01-15th February 2010


US Dollar Exchange Rates of  14th February 2010
China Yuan 6.8269
Report from China
 




China¡¯s wood products trade
Logs imports totaled 28 million cu.m, valued at US$4,087
million in 2009, down 5 percent in volume and 21 percent
in value from 2008. Of the total, softwood log imports
were 20.30 million cu.m, valued at US$2 233 million, up 9
percent in volume and down 7 percent in value; hardwood
log imports were 7.76 million cu.m, valued at US$ 1 854
million, down 30 percent in volume and 33 percent in
value.

Of the total log imports, tropical log imports totaled 6.11
million cu.m, (22 percent of the national total) down 15
percent from 2008.

The following five countries were main suppliers of logs
to China in 2009, Russia (14.81 million cu.m, 53% of total
log imports), New Zealand (4.41 million cu.m, 16%),
Papua New Guinea (1.66 million cu.m, 6%), Solomon
Islands (1.12 million cu.m, 4%) and Gabon (1.10 million
cu.m, 3.9%).

Sawnwood imports totaled 9.88 million cu.m, valued at
US$2,319 million in 2009, up 39 percent in volume and 15
percent in value over 2008. Of the total, softwood
sawnwood imports were 6.34 million cu.m, valued at
US$1 099 million, up 74 percent in volume and 52 percent
in value from 2008. Hardwood sawnwood imports were
3.54 million cu.m, valued at US$1,220 million, up 3
percent and down 6 percent respectively.

Imported sawnwood came mainly from Russia and
Canada. The top five suppliers were Russia (3.12 million
cu.m, 31%), Canada (2.44 million cu.m, 25%), Thailand
(1.02 million cu.m, 10%), the United States (0.93 million
cu.m, 9%) and New Zealand (0.42 million cu.m, 4%).

Imports of various wood-based panels continued to fall in
2009. 2009 plywood imports were 179,600 cu.m, valued at
US$89 million, down 39 percent in volume and 47 percent
in value from 2008.

Fibreboard imports amounted to 288,800 tons, valued at
US$119.5 million, down 9 percent in volume and 15
percent in value from 2008. Particleboard imports came to
290,200 tons, valued at US$ 88.9 million, up 19 percent in
volume and down 3 percent in value from 2008. Veneer
imports were 54,200 tons, valued at US$63.7 million,
down 21 percent in volume and 35 percent in value.

Trade in wooden furniture
China imported furniture worth US$298 million in 2009,
up 5.0 percent in volume and down 4.6 percent in value
from 2008. In contrast China exported furniture valued at
US$12 billion in 2009, up 9 percent in value over 2008.

Other wood product exports
2009 exports of other wood products such as wooden
doors, windows and flooring as well as wooden
handicrafts and package materials were worth US$3,118
million, down 6 percent from 2008.

Wood-based panel exports
Plywood: A total of 5.63 million cu.m of plywood were
exported in 2009, valued at US$2,524 million, down 22
percent in volume and 26 percent in value from 2008.

Fiberboard: Fiberboard exports totaled 1.50 million tons
in 2009, valued at US$883 million, down 20 percent in
volume and 19 percent in value from 2008.

Particleboard: Particle board exports totaled 80 600 tons
in 2009, valued at US$32.38 million, down 36 percent in
volume and 29 percent in value from 2008.

Veneer: veneer exports amounted to 85 700 tons in 2009,
valued at US$172.68 million, down 22 percent in volume
and 29 percent in value from 2008.

Sawnwood: A total of 555 900 cu.m of sawnwood were
exported in 2009, valued at US$345 million, down 19
percent in volume and 14 percent in value from 2008.

Sawnwood export quotas 2010
China¡¯s Ministry of Commerce has released information
on its Distribution Plan for Export Quotas of Sawnwood in
2010.

This Plan was developed in light of the anticipated supply
and demand situation in international markets as well as
the production and distribution in the regions or
enterprises during January to November of 2009. Export
quotas for foreign enterprises operating in China have
been specially considered.

According to the Distribution Plan for Export Quotas of
Sawnwood in 2010, the total export of sawnwood in 2010
is 212,000 cu.m. Among 29 provinces or companies who
are getting export quotas, there are six provinces (cities)
whose export quota is over 10 000 cu.m each. They are
Inner Mongolian Autonomous Region, 98 200 cu.m;
Dalian City, 17 100 cu.m; Sichuan Province, 16 600 cu.m;
Heilongjiang Province, 16 000 cu.m; Tianjin City, 14 700
cu.m and Jilin Province, 13 300 cu.m.

Provincial commerce departments are required to strictly
follow the export plan and keep the Ministry of Commerce
informed of progress.

 

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

CopyRight (C) Global Wood Trade Network. All rights reserved.