China: Average import prices for wood products on the way down

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In the first three quarters of 2015 China’s log imports fell 14% to 34.21 million cubic metres while sawnwood imports rose slightly (+4%) to 19.9 million cubic metres, according to data of the Chinese Customs.

Chinese plywood imports dropped 10% to 117,200 cubic metres, fiberboard imports dropped 7% to 161,600 cubic metres. However, 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 fiberboard and wood chips were maintained at the same level as during last year.

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