According to the Ministry of Commerce Circulation Industry Development Department and China Timber and Wood Products Association, in June 2014, China timber price index was 121.2% up 7.6% YOY, down 1.1% MOM, among that, the domestic timber price increased 7.6% YOY, down 0.5% MOM, the imported timber up 15.3% YOY, down 2.8 MOM; log price increased 7.6% YOY, down 1.2% MOM; swan timber increased 14.7% YOY, down 0.1% MOM.

 

In June, China timber comprehensive price index down 1.1% MOM compared with May, among that log classification index declined again, and swan classification index was stable; while domestic timber classification index increased slightly; imported timber classification index continued decline. In June, the state timber market came into slack season, and the transaction was less. Single timber species saw both decrease and increase, such as pinus sylvestris decline pressure was great, and its swan index down 9.7% MOM.  Russia had listed xylosma and fraxinus mandschurica into the appendix III of CITES (The convention on international trade in endangered species), which made xylosma price have an obvious increase by 3.1% MOM.  The impotrted timber market was still weak; due to the short supply of imported swan, its index still increase. 

From “China Wood Market Monthly Report”