PNG log exports rose in November 2006 by 41% year-on-year
7. Log exports from PNG rose to 300 549 cubic meters in November 2006, up 11% from October and 41% from November 2005.
Feb 02, 2007. /Lesprom Network/. Log exports from PNG rose to 300 549 cubic meters in November 2006, up 11% from October and 41% from November 2005, ITTO reported. Accumulated log exports in the year to September were 16% ahead of the pace last year.
Total log exports (excluding plantation) amounted to 2.6 million cubic meters in the period from December 2005 to November 2006. Saw/veneer grades accounted for 87.4% of the total. Main log export species were taun, malas, bintangor and terminalia. China took 83.4% of all log exports, followed by Japan (7.4%), Korea (3.2%) and Vietnam (2.9%). Of the saw/veneer log grades, China imported 89.4%, Japan 5.1%, Korea 2.4% and India 1.5%. For plantation species, kamarere remained the main export species primarily to the markets of Vietnam, Japan, China and Korea.