China’s log imports in 2017 totalled 55.43 million cubic metres valued at $9.927 billion, a year-on-year increase of 14% in volume and 23% in value. The average price for imported logs was $179 per cubic metre, a year-on-year increase of 8%, as ITTO reported.
Of total log imports, 2017 softwood log imports rose 13% to 38.38 million cubic metres, accounting for 69% of the national total, a 1% decline on 2016 levels. The average price for imported softwood logs in 2017 was $134 per cubic metre, up 11% on levels in 2016.
