in June 2018, China timber price index(TPI) was 131.9%, up by 7.8 percent points YOY

By CnAgri2018-08-16 11:20:59 Print According to the Ministry of Commerce Circulation Industry Development Department and China Timber and Wood Products Distribution Association, in June 2018, China timber price index was 131.9%, down by 7.8 percent points YOY, and down by 2.7 percent points MOM.
(1) The domestic timber price decreased by 0.2 percent points YOY and declined by 2.7 percent points MOM; the imported timber increased by 13.5 percent points YOY, and decreased by 2.6 percent points MOM.
(2) Log price: log price increased by 4.7 percent points YOY, and decreased by 3.4 percent points MOM. Among that, the price of domestic coniferous log raised 2.9 percent points YOY; domestic hardwood log decreased by 2.6 percent points YOY; the price of imported coniferous log increased 31.4 percent points YOY; imported hardwood log decreased by 5.2 percent points YOY.
(3) Sawn timber price: sawn timber increased by 3.9 percent points YOY but decreased by 1.6 percent points MOM. among that, the price of domestic coniferous sawn timber increased by 9.7 percent points YOY; domestic hardwood sawn timber increased by 3.2 percent points YOY. The price of imported coniferous sawn timber increased by 6.8 percent points; imported hardwood sawn timber decreased by 0.9 percent points YOY.