Wood flooring and other poor performance difficult to digest a large number of imported timber

In January-February 2011, Heilongjiang Suifenhe Port imported 577,000 cubic meters of logs, a decrease of 5.1% over the same period of 2010, a value of 86.24 million US dollars, an increase of 10.5%, ranking first in imported goods. The average import price was US$149.2 per cubic meter, up 16.4%.

In February, the port imported 29.4 million cubic meters of logs, and its import volume increased by 2.5% year-on-year, the first year-on-year growth since February 2010, with an import value of $44.09 million, an increase of 19.2% year-on-year, the largest increase in a year.

Since January 1, 2011, Russia has delayed the implementation of the original timber export tariff policy, which was originally planned to increase to 80%, and it will continue at 25%, which is a “pain killer” for log imports at Suifenhe Port. Analysts stated that Russia plans to fully implement the domestic processing of timber extracted in the Far East in 7-8 years, and replace log exports with finished products; Russian log import costs have no comparative advantage over marine log, and Africa, Oceania, and Southeast Asia log-to-Russia The alternative role of logs has become increasingly apparent; coupled with the current sharp increase in the prices of global resource-based commodities, the country is trapped in the adjustment of the real estate market, wood flooring and furniture and other industries are in the doldrums, and it is difficult to digest large quantities of imported timber in the short term. Therefore, in the long run, Russia's log imports have shown a recovery growth and it is hard to be optimistic.