China’s hardwood log imports grew 6% to 18.07 million cubic metres (30% of the national total log imports). The average CIF price for imported hardwood logs in 2018 was $288 per cubic metre, up 3% on 2018, as ITTO reported.
Of total hardwood log imports, tropical log imports were 11.06 million cubic metres valued at $3.456 billion, up 15% in volume and 21% in value from 2017, accounting for 17% of the national total import volume.
The average CIF price for imported tropical logs was $312 per cubic metre, up 6% on levels in 2017.
