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China Wood Products Prices

1-15th November 2005


US Dollar Exchange Rates of  8th November 2005

China Yuan 8.09
Report from China

China¡¯s consumption would be 18.5 billion m3

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Zhang Jianmin, from the Forestry Farm and Forest Tree Seedlings Station, State Forestry Administration, said that China¡¯s forest tree seed and seedlings sectors have huge development potentials in commercial forest, ecological and urban greening. China¡¯s consumption forest resources would be at least 18.5 billion m3 over the next 50 years, which is two times as much as the past 50 years. Therefore, it is necessary to plant large areas of commercial forests and ecological and protective forests to promote healthy development of ecological conditions. It is estimated that 144 million mu (1 ha = 15 mu) of forest resources must be planted for national forest cover to rise 1%, or 220 million mu if accounting for consumption during tree growing. This means that 44 million kg of seeds and 40.4 billion seedlings will be needed. Mr. Zhang said that on average about 73.8 million mu of annual plantation were added in the past few years. The annual demand for seeds and seedlings were about 14 million kg and 14 billion seedlings. 

Guangzhou City Imported Timber Market

Logs

   Radiata 6m, 30cm diam.       
  
Luan
  
Merbau 6m, 60cm diam.
  
Kapur/Keruing 60cm+ diam.

  
Beech 6m,30cm veneer Qual.  

Sawnwood

   Teak Boards 
  
US Maple 2" KD
  
US Cherry 2"
  
US Walnut 2¡±
  
SE Asian Sawn 4m+, KD  

Plywood

   4x8x3mm 
  
4x8x18mm

Yuan per m3

1100 
1700-2100

4600-5100
2550

3300-3600  




8500-14800 
8500-9500

8500-12000
11500-14200 3200-3400

Yuan per sheet

32-34
150-170

 

Shanghai Furen Wholesale Market

Logs

       Wenge (Africa)  

Sawnwood

       Beech KD Grade AB 
      
US Cherry, 25mm
      
US Red Oak, 50mm
      
Sapele AD (Congo)

Yuan per m3

-

   

2900-3400
12500-13000
11000-10500
5500-5700

 

Hebei Shijiangzhuang Wholesale Market

Logs

      Korean Pine 4m, 38cm+ diam       Mongolian Scots Pine
     
4m, 30cm diam.
     
6m, 30+cm diam.

Sawnwood

      Mongolian Scots Pine
      
4m, 5-6cm thick
      
4m, 10cm thick

Yuan per m3

1400  

1000
1020

 

-  
1240
1240

 

Tian Jin City Huan Bo Hai timber Market

Sawnwood

US Black Walnut 
      
2.2-4m, 5cm thick
Padauk 2.2-3.2m, 5cm thick
Sapele 2.2-2.6m, 5cm thick
Ash 4m, 50mm thick

Yuan per m3  
 

15000  
8500-9800
5300
3600

 

Shandong De Zhou Timber market

Logs      

Larch 
         
4m, 24-28cm diam.           6m, 24-28cm diam.

White Pine

          4m, 24-28cm diam.           6m, 24-28cm diam.

Korean Pine

          4m, 30cm diam. 
         
6m, 30cm diam.

Yuan per m3


890
900

 

950
960

 

1100
1150

Abbreviations

LM        Loyale Merchant, a grade of log parcel  Cu.m         Cubic Metre
QS         Qualite Superieure    Koku         0.278 Cu.m or 120BF
CI          Choix Industriel                                                       FFR            French Franc
CE         Choix Economique                                                        SQ              Sawmill Quality
CS         Choix Supplimentaire      SSQ            Select Sawmill Quality
FOB      Free-on-Board     FAS            Sawnwood Grade First and
KD        Kiln Dry                               Second 
AD        Air Dry        WBP           Water and Boil Proof
Boule    A Log Sawn Through and Through MR              Moisture Resistant
              the boards from one log are bundled                      pc         per piece      
              together                      ea                each      
BB/CC  Grade B faced and Grade C backed MBF           1000 Board Feet          
              Plywood   MDF           Medium Density Fibreboard
BF         Board Foot F.CFA         CFA Franc        
Sq.Ft     Square Foot               Price has moved up or down

Source: ITTO'  Tropical Timber Market Report

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