Step 1: Understanding the Question:
This question tests knowledge of resin-yielding tree species.
Step 2: Detailed Explanation:
Canarium strictum is a commercially important tree species for resin extraction.
It yields a resin known as dammar.
Hopea odorata (A): Timber species.
Hopea ponga (B): Timber species.
Vateria indica (C): Also yields resin but Canarium strictum is more important.
Thus, the correct answer is Canarium strictum.
Step 3: Final Answer:
Thus, Canarium strictum is commercially important for resin extraction, which corresponds to option (D).
[0.5cm]