Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Asia’s increasing demand for wood drives sawlog prices up in the US
and Canada, reports the North American Wood Fiber Review
Sawlog prices in Western US were up about 20 percent in 2010 as an result of increased
competition for logs...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Asia’s increasing demand for wood drives sawlog prices up in the US and Canada, reports the North American Wood Fiber Review Sawlog prices in Western US were up about 20 percent in 2010 as an result of increased competition for logs from log buyers in China, South Korea and Japan, according to the North American Wood Fiber Review. Prices for logs in the US South and Canada also moved up last year, but at a slower rate. Sawmills in Western Canada currently have some of the lowest wood costs in the world. Seattle, USA. Softwood sawlog prices have trended upwards in all major regions of North America over the past two years. The biggest increases have occurred in the US Northwest, where the log export market has had a major impact on the supply-demand balance. Total log shipments to Asia from the US west coast last year were the highest they have been in 14 years, and much of this incr
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood pellet exports from the US and Canada to Europe reached 1.
6
million tons in 2010, a doubling of shipments in just two years, reports
the North American Wood Fiber Review
Over the past two years, North America has become a major...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood pellet exports from the US and Canada to Europe reached 1. 6 million tons in 2010, a doubling of shipments in just two years, reports the North American Wood Fiber Review Over the past two years, North America has become a major supplier of wood pellets to Europe. In 2010, an estimated 1. 6 million tons of pellets were shipped from the US and Canada to the Netherlands, the UK and Belgium, according to the North American Wood Fiber Review. This is a doubling of volume compared to 2008. Seattle, USA. The European Union has stated that by 2020, at least 20 percent of total energy consumption should be supplied by renewable energy resources. In an effort to reach this target, many countries have increased their consumption of woody biomass in the form of both wood chips and pellets the past few years. In 2010, just over 11 million tons of wood pellets were consumed, which was about
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Russian log and lumber exports increased substantially in 1Q/11 thanks
to higher wood demand in China, Finland and Japan, reports the Wood
Resource Quarterly
The world’s largest log exporter, Russia, increased the shipments of logs in...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Russian log and lumber exports increased substantially in 1Q/11 thanks to higher wood demand in China, Finland and Japan, reports the Wood Resource Quarterly The world’s largest log exporter, Russia, increased the shipments of logs in the 1Q/11 after having declined for four years, reports the Wood Resource Quarterly. Russian exports of softwood lumber have also gone up substantially, especially to China, Uzbekistan, Japan and Egypt. Seattle, USA. Russia has for many years been, by far, the largest exporter of logs in the world. When the country announced a log export tax of 25 percent in 2007 and the intention to increase this tax to 80 percent in 2009, many forest companies in Asia and Europe decided to reduce their reliance on Russian logs. As a result, total log exports from Russia fell from 51 million m3 in 2006 to about 22 million m3 in 2009 and 2010. This downward trend, howe
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Importation of logs, lumber and plywood to Japan in 2011 is likely to be
at its highest since 2008 because of post-earthquake and tsunami rebuilding, reports the WRQ
Japan is in urgent need of pre-fabricated houses and manufactured wood...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Importation of logs, lumber and plywood to Japan in 2011 is likely to be at its highest since 2008 because of post-earthquake and tsunami rebuilding, reports the WRQ Japan is in urgent need of pre-fabricated houses and manufactured wood products in the aftermath of the earthquake and tsunami that hit the country in early March. Longer term, it can be expected that imports of commodity products such as plywood, lumber and logs will increase to this country, which is already one of the largest importers of wood products in the world, according to the Wood Resource Quarterly Seattle, USA. The earthquake and tsunami that hit Japan on March 11 is first and foremost a humanitarian tragedy that is difficult to comprehend. Over 10,000 people died during and in the immediate aftermath; more than 400,000 people lost their homes and 100-150,000 buildings were destroyed. The re-building of towns,
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood costs for the global pulp industry have increased 17 percent the
past two years; only the US South has bucked the trend, reports the
Wood Resource Quarterly
Global market pulp production increased by seven percent in 2010, which...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood costs for the global pulp industry have increased 17 percent the past two years; only the US South has bucked the trend, reports the Wood Resource Quarterly Global market pulp production increased by seven percent in 2010, which increased demand for wood raw-material. As a result, prices for wood chips and pulplogs were up in most regions of the world, according to the Wood Resource Quarterly. The Softwood Wood Fiber Price Index (SFPI) has increased 16. 5 percent the past two years, while the Hardwood Wood Fiber Price Index (HFPI) went up 17. 7 percent. Seattle, USA. Global pulp production in the second half of 2010 was higher than many had anticipated, and pulp markets were better than they had been the first six months of the year. The total production of chemical market pulp last year reached an estimated 45 million tons, which was about seven percent more than was produced i
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Global trade of wood chips was up in 2010 after a sharp decline in 2009
with China becoming a major importer, reports the Wood Resource
Quarterly
Global trade of wood chips was up 25 percent in 2010 because of increased production
of pulp...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Global trade of wood chips was up in 2010 after a sharp decline in 2009 with China becoming a major importer, reports the Wood Resource Quarterly Global trade of wood chips was up 25 percent in 2010 because of increased production of pulp and paper products worldwide. China showed the greatest growth in chip imports with an increase over 400 percent in the past two years, as reported in the Wood Resource Quarterly. Australia continues to be the major exporter and shipped 11 percent more in 2010 than in the previous year. Seattle, USA. The international financial crisis in 2009 had a major negative impact on worldwide demand for pulp and paper products. As a result, the consumption of wood chips and pulpwood for pulp production was lower, and global trade of wood chips fell accordingly. However, in 2010, pulp markets improved and global shipments of wood chips were up substantially.
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Forest Products Market Update
- a news brief from Wood Resources International LLC
Global sawlog prices in the 3Q 2010 were almost back up to pre-crisis
levels, reports the Wood Resource Quarterly
Sawlog costs for many sawmills around the world went up during 2010, and the Global
Sawlog Price Index reached the highest level in over two...
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Forest Products Market Update - a news brief from Wood Resources International LLC Global sawlog prices in the 3Q 2010 were almost back up to pre-crisis levels, reports the Wood Resource Quarterly Sawlog costs for many sawmills around the world went up during 2010, and the Global Sawlog Price Index reached the highest level in over two years in the 3Q/10, according to the Wood Resource Quarterly. The biggest wood price increases occurred in Western US, Germany, Sweden and Northwest Russia. Seattle, USA. Sawlog prices have trended upward in almost all regions of the world for the past two years. The Global Sawlog Price Index (GSPI) reached $80. 88/m3 in the 3Q/10, which was the highest level since the beginning of the financial crisis in late 2008, according to the Wood Resource Quarterly. The Index, which is based on prices for logs being processed into construction and better-grade lumber, is a weighted average of sawlogs traded in the open market in 19 key regions worldwide. Th
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Forest Products Market Update
- a news brief from Wood Resources International LLC
US and Canadian log and lumber exports to China up over 150 percent
in 2010, reports the Wood Resource Quarterly
The value of softwood logs and lumber exported from North America to China reached
over 1.
6 billion dollars in 2010, which was 150 percent...
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Forest Products Market Update - a news brief from Wood Resources International LLC US and Canadian log and lumber exports to China up over 150 percent in 2010, reports the Wood Resource Quarterly The value of softwood logs and lumber exported from North America to China reached over 1. 6 billion dollars in 2010, which was 150 percent higher than the previous year and more than ten times as much as in 2006, reports the Wood Resource Quarterly. Seattle, USA. China has come to the rescue for many sawmills and timberland owners in the US and Canada the past year. The value of softwood logs and lumber shipped from North America to China is estimated to reach over 1. 6 billion US dollar in 2010, which is up dramatically from just a few years ago. In 2008, total exports were valued at 350 million dollars, while they were only 125 million dollars five years ago. The increased demand for both wood raw-material and processed forest products in China has, to a large degree, benefited the for
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Forest Products Market Update
- a news brief from Wood Resources International LLC
The wood chip cost discrepancy between pulp mills in Western and
Eastern Canada was the lowest it has been in 10 years in the 4Q/10,
reports the North American Wood Fiber Review
Over the past 20 years, pulp mills in Eastern Canada have consistently had...
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Forest Products Market Update - a news brief from Wood Resources International LLC The wood chip cost discrepancy between pulp mills in Western and Eastern Canada was the lowest it has been in 10 years in the 4Q/10, reports the North American Wood Fiber Review Over the past 20 years, pulp mills in Eastern Canada have consistently had higher wood fiber costs than the mills in the Western provinces with the exception of a short period in 1995, according to the North American Wood Fiber Review. In the 4Q/10, softwood chip prices had fallen in Quebec and Ontario and increased in British Columbia and Alberta resulting in the smallest cost gap between the two regions in 10 years. Seattle, USA. For most of the past 20 years, pulpmills in Western Canada have had lower wood fiber costs than pulpmills in the Eastern provinces. One year ago, pulp manufacturers in British Columbia paid almost C$60/odmt less for softwood chips than did pulp mills in Ontario and Quebec, and five years ago the di
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Forest Products Market Update
- a news brief from Wood Resources International LLC
European sawmills’ profitability is being squeezed by high log costs and
declining lumber prices, reports the Wood Resource Quarterly
Sawlog costs in Europe have gone up more than lumber prices the past year, reports the
Wood Resource Quarterly.
With...
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Forest Products Market Update - a news brief from Wood Resources International LLC European sawmills’ profitability is being squeezed by high log costs and declining lumber prices, reports the Wood Resource Quarterly Sawlog costs in Europe have gone up more than lumber prices the past year, reports the Wood Resource Quarterly. With the expected decline in lumber consumption, many sawmills in Europe are considering reductions in their operating rates. As a consequence, prices for sawlogs are likely to drop from their two–year highs in the coming months. Seattle, USA. Over the past year, the sawmilling sector in Europe has shifted from high production levels and the highest lumber prices in four years, to weakening lumber demand and reduced prices for many lumber grades during this fall. European lumber production fell by six percent to 93 million m3 in 2009, which was the lowest level in eight years. The biggest declines in volume came in Austria, Finland and Sweden, while lumber
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