China: Tropical log imports jump 22% in the first quarter

Fuente:
ITTO/Fordaq
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China’s log imports in the first quarter of 2018 totalled 14.38 million cubic metres valued at US$2.753 billion, a year on year increase of 14% in volume and 25% in value.

The average price for imported logs was US$191 per cubic metre, a year on year increase of 9%.

Of total log imports, softwood log imports rose 9% to 9.45 million cubic metres, accounting for 66% of the total. The average price for imported softwood logs was US$138 per cubic metre, up 8% on the same period of 2017.

Hardwood log imports grew 25% to 4.93 million cubic metres in the first quarter (34% of the national total log imports). The average price for imported hardwood logs in the first quarter of 2018 was US$293 per cubic metre, up 5% on the same period of 2017.

Of total hardwood log imports, tropical log imports were 2.65 million cubic metres valued at US$837 million, up 22% in volume and 28% in value.

The average price for imported tropical logs was US$316 per cubic metre, up 5% on the same period of 2017.

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