China’s log imports totalled 23.91 million cubic metres valued at $3.97 billion in the first half of 2016, up 3% in volume and down 10% in value over the same period of 2015. The average landed price for imported logs was $166 per cubic metre, a year-on-year fall of 13%, ITTO reported.
Of the total, softwood log imports amounted to 16.12 million cubic metres, or 67% of all log imports, a year-on year increase of 4%.
Softwood log imports of these above-mentioned countries make up 99% of all softwood log imports. Softwood log imports from the top 5 countries account for 97% of all log imports
The average price for softwood log imports was about $120 per cubic metre in the first half of 2016, a year-on year decline of 7%.
Hardwood log imports totalled 7.79 million cubic metres, or 30% of all log imports, a year-on-year increase of 26% in volume.
Tropical log imports rose 8% to about 4.77 million cubic metres, accounting for 20% of all log imports and 61% of all hardwood log imports.
