US Dollar Exchange Rates of 10th
April 2017
China Yuan 6.9026
Report from China
Substantial growth in 2016 sawnwood imports
Data from China¡¯s Customs shows there was substantial
growth in sawnwood imports in 2016. China¡¯s 2016
sawnwood imports totalled 32.15 million cubic metres
valued at US$8.14 billion, a year on year increase of 21%
in volume and 8% in value.
The average price for imported sawnwood in 2016 was
US$253 per cubic metre, down 10% on 2015.
Of total sawnwood imports, sawn softwood imports rose
22% to 17.82 million cubic metres, accounting for 55% of
the national total. The average price for imported sawn
softwood in 2016 was US$176 per cubic metre, down 10%
year on year.
Sawn hardwood imports grew 20% to 14.33 million cubic
metres. The average price for imported sawn hardwoods in
2016 was US$349 per cubic metre, down 10% year on
year.
Of total sawn hardwood imports, imports of sawnwood
from tropical countries were 5.74 million cubic metres
valued at US$2.118 billion, up 20% in volume and 3% in
value and accounted for 18% of the national total.
The average price for sawnwood imported from tropical
countries was US$369 per cubic metre, a year on year
decline of 15%.
Surge in China¡¯s sawn softwood imports from Russia
Russia was the main sawn softwood supplier to China in
2016 and imports from Russia surged 45% to 10.79
million cubic metres, accounting for 61% of total
softwood sawnwood imports.
However, the second ranked supplier of sawn softwood
was Canada but imports declined 15% to 3.87 million
cubic metres.
The decline in average prices for imported sawn softwood
from Canada (-16%) was larger than that from Russia (-
8%).
Thailand the main tropical supplier
Of total sawn hardwood imports, sawnwood imports from
tropical coumtries were 5.74 million cubic metres valued
at US$2.118 billion, up 20% in volume and 3% in value
and accounted for 18% of the national total.
The average price for sawnwood imported from tropical
countries was US$369 per cubic metre, a year on year
decline of 15%.
Five tropical countries supplied just over 90% of China¡¯s
¡®tropical¡¯ sawnwood requirements in 2016 namely,
Thailand (62%), Philippines (5%), Gabon (5%), Indonesia
(5%), Malaysia (5%).
Sawnwood imports from Thailand, Cambodia and Peru
rose 36%, 24% and 12% year on year respectivel,y but
year on year imports from Laos, Ecuador, Cameroon fell
36%, 30% and 28% respectively.
  
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