China: Wood imports prices decline
China’s log imports fell 14% to 34.21 million cubic metres while sawnwood imports rose 4% to 19.9 million cubic metres in the first three quarters of 2015, according to China Customs.
Plywood imports dropped 10% to 117,200 cubic metres, while fibreboard imports fell 7% to 161,600 cubic metres. Both OSB and particleboard imports increased 3% and 6% to 115,700 cubic metres and 333,800 cubic metres respectively.
Average prices for imported logs, sawnwood, OSB, particleboard and plywood fell 21%, 9%, 20%, 4% and 2% respectively. Average prices for imported fibreboard and wood chips remained the same as last year.
Edited by Panels & Furniture Asia