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  Home:  Global Wood   Industry News & Markets

China Wood Products Prices

1-15th February 2006


US Dollar Exchange Rates of  8th February 2006
China Yuan
8.055
Report from China

China's 2005 trade statistics
China's Customs Office has recently published 2005 statistics of forest product trade.

Imports 
China's log imports totalled 29.37 million m3 ($3.2 billion) in 2005, up 10.4% (up 16% in value) from 2004. Tropical timber imports accounted for 7.42 million m3
(25% of total log imports), up almost 1%. Log imports were mainly from Russia (20.04 million m3, 68% of the total), Malaysia (1.86 million m3), PNG (1.84 million m3), Myanmar (1.13 million m3), Gabon (0.8 million m3),Solomon Islands (0.65 million m3), New Zealand (0.64
million m3), Congo (454,000 m3), Germany (445,000 million m3), Equatorial Guinea (304,000 m3) and Australia (236,000 m3 ).

Most log imports came through the ports of Manzhouli (8.1 million m3), Harbin (7.1 million m3, notably through Suifenhe port), Nanjing (5.65 million m3, notably through Zhangjiagang port), Hohhot (2.67 million m3, notably Erlian), Shanghai (1.02 million m3) and Kunming
(1.01 million m3, notably Ruili).

China's sawnwood imports amounted to 5.97 million m3 ($1.51 billion) in 2005, up 1.3% (up 8.7% in value) from 2004. Sawnwood imports were mainly from Russia (1.06 million m3, 18% of total imports), the USA (852,000 m3), Thailand (762,000 m3), Indonesia (720,000 m3),
Malaysia (475,000 m3), Canada (350,000 m3), Myanmar (321,000 m3), Brazil (280,000 m3), New Zealand (217,000 m3) and Chile (143,000 m3).

China's plywood imports continued their downward trend, declining to 589,100 m3 ($276.68 million) in 2005, down over 26% (down 28% in value) from 2004. Plywood imports were mainly from Indonesia (65%) and Malaysia (21%). Other imports included waste paper (17.04 million tons valued at $2.46 billion), pulp (7.59 million tons valued at $3.73 billion), and paper and cardboard (5.21 million tons valued at $3.55 billion).

Exports
China's sawnwood exports were 615,000 m3 ($278.5 million) in 2005, up 26% (up 27% in value) from 2004. Exports went mainly to Japan (392,000 m3), South Korea (74,000 m3), Taiwan P.O.C. (38,000 m3) and the USA(21,000 m3 ).

Plywood exports continued to climb, reaching 5.59 million m3 ($1.88 billion) in 2005, up 30% (up 50% in value) from 2004. Main export markets were the USA (1.7 million m3, 30% of total plywood exports), Japan (429,500 m3, 7.7%), South Korea (321,100 m3, 5.7%),
the UK (316,400 m3, 5.6%) and Taiwan P.O.C. (287,800 m3, 5%).

Paper and paperboard exports amounted to 1.67 million tons ($1.344 billion) in 2005, up 65% (up 64% in value) from 2004. Exports of all type of furniture (including wooden and metal furniture) climbed 33% to over $13.5 billion in 2005. 


Guangzhou City Imported Timber Market

Shanghai Furen Wholesale Market 


Shandong De Zhou Timber market

Hebei Shijiangzhuang Wholesale Market

Tian Jin City Huan Bo Hai timber Market

Combi-plywood Prices (US Market)

Birch- and poplar-poplar ply have low yield rate due to small diameter and bad quality,
and are therefore more expensive than okoume-poplar ply.

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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