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China Wood Products Prices

16 – 30th April 2019

US Dollar Exchange Rates of  25th April 2019
China Yuan 6.7

Report from China

Main wood products imports from EU in 2018
The value of China¡¯s wood products imports from EU
member states in 2018 was USD8.1 billion. The main
imported wood products were wood pulp, paper,
paperboard and paper products, waste paper, sawnwood,
logs, wooden furniture and seats as well as printed panels.

Imports from the EU

Timber imports through Zhangjiagang Port in 2018
According to China Customs, log imports through
Zhangjiagang Port in 2018 were 4.47 million cubic metres
valued at US$1.03 billion. 48% was from Papua New
Guinea and 34% from Solomon Islands and the balance
from Equatorial Guinea (6%), Cameroon (5%), the
Republic of Congo (3%), Suriname and the Central Africa

In addition, sawnwood imports through Zhangjiagang Port
in 2018 were 41,020 cubic metres valued at US$23
million, 90% was from Gabon and others from the
Republic of Congo, Papua New Guinea, Mozambique, Fiji
and Cameroon.

Chinese ¡®redwood¡¯ industry in Dongyang city
Dongyang City, Zhejiang Province, is an important
production centre for Chinese ¡®redwood¡¯ furniture and the
¡®redwood¡¯ furniture wholesale and retail markets have
been upgraded.

At present, there are 1,336 enterprises producing carved
¡®redwood¡¯ furniture and they have a combined showroom
space of over 1 million square metres. All products
manufactured in Dongyang City carry a QR code to
facilitate traceability.

Recently, a national workshop on traceability and legality
for Chinese ¡®redwood¡¯ products was held in Dongyang
City of Zhejiang province. The domestic market demand
for ¡®redwood¡¯ products is huge and consumers are now
demanding good quality and traceability.

In 2016 Zhejiang Province was the pilot area for tracking
the origin and species of Chinese ¡®redwood¡¯ products and
the traceability system was officially established in 2017
and ¡®redwood¡¯ products manufactured in Dongyang City
carry a logo and QR code. This allows consumers to get
information on raw materials, production etc.
To further promote ¡®redwood¡¯ sales in the Province a highspeed
train named "Dongyang Redwood" has been
launched. The promotional campaign says ¡°Buy
¡®Redwoods¡¯ in Dongyang¡±.




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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