According to statistics of the customs, in the first quarter, the import of logs fundamentally reversed from the past situation, i.e. import volume decreased and unit price increased.

In the first quarter, total import volume of logs reached 8.5147 million cubic meters, down 11.53%; unit price of logs was US$164.42/cubic meter, up 22.25% from same period last year. Industry players said the growth of unit import price of logs was one fifth higher than that of same period last year. The unit price of coniferous logs and broad-leaved logs was US$120.18 and US$253.7, up 26% and 15.81% respectively.

List

News Flash 1

Monthly Production of Wood Products in China 2

? I: Panel Board 2

? II: Solid Wood Flooring 3

? III: Engineered Wood Flooring 3

? IV: Wood Furniture 4

? V: Paper Pulp 4

Wood Market in China 5

? Log Import Volume Reduced and Unit Price Increased in the First Quarter 2008 5

? More Tight Supply of Burma Wood in Rainy Season 5

Boards and Furniture in China 6

? Export of Panel Board Fundamentally Changed in the First Quarter of 2008 6

? Panel Board in Dongguan Xing Ye Wood Market in the First Half of May 2008 6

Paper and Paper Pulp in China 7

? Production Costs Increase will Lead to Further Rise of International Paper Price 7

Imp. & Exp. 8