Taicang Port, China: ‘Redwood’ imports soar last year
‘Redwood’ imports through Taicang Port, China, in 2015 were 4,340 cubic metres valued at $4.72 million, a year-on-year increase of over 400% in volume and 600% in value.
ByLesprom Network
Jan 29, 2016. /Lesprom Network/. ‘Redwood’ imports through Taicang Port, China, in 2015 were 4,340 cubic metres valued at $4.72 million, a year-on-year increase of over 400% in volume and 600% in value, ITTO reported.
The number of species of imported ‘redwood’ entering China through Taicang Port last year grew to 10 from 3 and were mainly from South America and Southeast Asia.
The average price of imported ‘redwood’ through Taicang Port rose 40% to around $1,000 per cubic metre. Middle and high grade ‘redwood’ dominated imports last year and the price differential between the different varieties was considerable ranging from $520 to $2600 per cubic metre.
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