PNG log exports rose in September 2006 by 29% year-on-year
6. Log exports from Papua New Guinea rose to 205 862 cubic meters in September 2006, up 18.6% from August and 29% from September 2005.
Dec 04, 2006. /Lesprom Network/. Log exports from Papua New Guinea rose to 205 862 cubic meters in September 2006, up 18.6% from August and 29% from September 2005, ITTO reported. Accumulated log exports in the year to September were 12% ahead of the pace last year.
Total log exports (excluding plantation) amounted to 2.5 million cubic meters in the year to September 2006. Saw/veneer grades accounted for 86% of the total. Main log export species were taun, malas, bintangor and terminalia. China took 81% of all log exports, followed by Japan (8.6%), Vietnam (4.1%) and Korea (3.5%). Of the saw/veneer log grades, China imported 88%, Japan 6%, Korea 2.5% and Vietnam 0.79%. For plantation species, kamarere remained the main export species primarily to the markets of Vietnam, Japan, China and Korea.