in July 2018, China timber price index(TPI) was 132.0%, up by 8.8 percent points YOY

By CnAgri2018-09-12 15:21:35 Print According to the Ministry of Commerce Circulation Industry Development Department and China Timber and Wood Products Distribution Association, in July 2018, China timber price index was 132.0%, up by 8.8 percent points YOY, and down by 2.2 percent points MOM.
(1) The domestic timber price decreased by 4.8 percent points YOY and declined by 0.0 percent points MOM; the imported timber increased by 18.6 percent points YOY, and increased by 0.3 percent points MOM.
(2) Log price: log price increased by 2.7 percent points YOY, and decreased by 0.8 percent points MOM. Among that, the price of domestic coniferous log raised 5.1 percent points YOY; domestic hardwood log decreased by 9.6 percent points YOY; the price of imported coniferous log increased 38.2 percent points YOY; imported hardwood log increased by 2.4 percent points YOY.
(3) Sawn timber price: sawn timber increased by 4.7 percent points YOY and increased by 1.3 percent points MOM. among that, the price of domestic coniferous sawn timber increased by 10.9 percent points YOY; domestic hardwood sawn timber increased by 3.2 percent points YOY. The price of imported coniferous sawn timber increased by 4.1 percent points; imported hardwood sawn timber increased by 12.0 percent points YOY.