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The report of China timber market price index (TPI) in July 2014

China Agriculture Report By CnAgri2014-09-15 09:35:34China Agriculture Report Print
According to the Ministry of Commerce Circulation Industry Development Department and China Timber and Wood Products Association, in July 2014, China timber price index was 120.3% up 6.3% YOY, down 0.9% MOM, among that, the domestic timber price increased 5.7% YOY, down 0.5% MOM, the imported timber up 13.6% YOY, down 1.3 MOM; log price increased 5.7% YOY, down 1.4% MOM; swan timber increased 13.8% YOY, up 0.3% MOM.


In July China timber comprehensive price index down 0.9% MOM compared with June. Dr. Hua thought that with the timber market became weak, the manufactures’ demand for timber was less, so that timber price continued decline, while influenced by the insufficient supply and the continuing increase price, swane chlassification index increased slightly, what’s more the market recovery of swane had an positive function on timber market.
timber increased 13.8% YOY, up 0.3% MOM.







From “China Wood Market Monthly Report
 
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