According to the Ministry of Commerce Circulation Industry Development Department and China Timber and Wood Products Association, in August 2014, China timber price index was 120.6% up 4.9% YOY, down 0.3% MOM, among that, the domestic timber price increased 4.3% YOY, and 0.5% MOM, the imported timber up 12.1% YOY, up 0.1 MOM; log price increased 4.3% YOY, down 0.2% MOM; swan timber increased 12.8% YOY, up 1.4% MOM.

From the comprehensive price index of Chinese timber, in August the price index was stable as well as increased slightly after three months decline and it indicates that the overall timber market was steady. According to the analysis of industry professionals, August is very near to the hot season of Chinese timber market and the market trend should be improved, but in this year in August, the transaction was less, and the price was basically the same with the last month. The main reason of this condition is the influence of domestic Macro economy and real estate market environment. It predicted that with the approaching of peak season, the market condition will turn better. 














From “China Wood Market Monthly Report”