Plywood: In the first half of June, the market of plywood didn’t see any change, with both sales quantity and price kept steady. Some tenants said that the gloomy situation in furniture, fitting-out, real estate and stock market directly affected plywood market; sales quantity of plywood was relatively small since the second half of May. In terms of price, all kinds of poplar plywood were generally steady.

Veneer: Since May, the sale of veneer stopped growth and was less than February and April. It was much worse in the first half month of June than in May. Some tenants said that the dragon boat festival largely affected the sale, when enterprises stopped manufacturing and customers purchased less quantity, but the situation in other days was almost same to May. The price of veneer still didn’t change.

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

Square Wood Market in Xing Ye Wood Market in the First Half of June 2008 5

Boards and Furniture in China 7

Penal Board Market in Xing Ye Wood Market in the First Half of June 7

Over 90% of Five Kinds of Internal Fitting-out Materials was Qualified 7

Paper and Paper Pulp in China 8

Demand for Paper Pulp and Paper-making Chemicals Increased 8

Imp. & Exp. 9