Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood fiber costs for pulp mills fell in both North America and Latin
America in the 4Q/12 because of weaker pulp markets and an increased
supply of sawmill chips, reports the Wood Resource Quarterly
Lower pulp prices during last summer...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood fiber costs for pulp mills fell in both North America and Latin America in the 4Q/12 because of weaker pulp markets and an increased supply of sawmill chips, reports the Wood Resource Quarterly Lower pulp prices during last summer and an increased supply of sawmill chips put downward pressure on pulpwood prices in North America and Latin America in the 4Q/12, according to the Wood Resource Quarterly. The biggest declines occurred in Western US, British Columbia and Brazil. Seattle, USA. Wood fiber prices trended downward in the local currencies in many of the key pulp-producing countries of the world in the fourth quarter. However, as a result of the weakening US dollar, wood fiber prices actually increased in US dollar terms in a number countries and the Softwood Wood Fiber Price Index (SFPI) was up slightly (+0. 1%) in the 4Q/12 to $100. 13/odmt. The biggest increases from the
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Global supply, demand, pricing and logistics of pulpwood and biomass
will be the focus at the 6th
International Woodfibre Resource and Trade
Conference in Istanbul, Turkey on April 9-10, 2013
Worldwide trade of wood chips fell in 2012 and prices for pulplogs and wood chips were
down in most regions of the world.
But change is ahead....
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Global supply, demand, pricing and logistics of pulpwood and biomass will be the focus at the 6th International Woodfibre Resource and Trade Conference in Istanbul, Turkey on April 9-10, 2013 Worldwide trade of wood chips fell in 2012 and prices for pulplogs and wood chips were down in most regions of the world. But change is ahead. Global demand for wood fiber for both pulp manufacturing and renewable energy is expected to increase during 2013 and 2014. China bucked the trend and imported more wood chips in 2012 for an expanding pulp industry and Vietnam continued to be the largest chip export in the world. Trade of wood pellets has gone up dramatically the past few years, particularly from North America to Europe. In 2012, the US and Canada increased shipments to energy facilities in Europe by 62% over the previous year. These trends raise a number of questions about the future supply, trade and pricing of wood fiber: How will demand for wood fiber for pulp manufacturing and en
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Increased reliance on domestic Eucalyptus fiber by Spanish pulp mills
has resulted in a dramatic reduction in wood chip shipments from
Uruguay, reports the Wood Resource Quarterly
European pulpmills imported much less Eucalyptus chips...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Increased reliance on domestic Eucalyptus fiber by Spanish pulp mills has resulted in a dramatic reduction in wood chip shipments from Uruguay, reports the Wood Resource Quarterly European pulpmills imported much less Eucalyptus chips from Latin America during 2012, mainly because Spanish pulp mills reduced their reliance on relatively costly wood fiber from Uruguay dramatically, reports the Wood Resource Quarterly. Pulp mills in Spain have also paid less for domestic pulplogs the past year, resulting in substantially lower wood fiber costs in 2012 than the previous year. Seattle, USA. The pulp industry in Spain has turned its focus to increasingly rely on domestic wood fiber sources rather than imported wood fiber the past year. Importation of wood chips importation was down as much as 58 percent the first ten months of 2012 as compared to the same period in 2011, and there has not b
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Log imports to China from New Zealand and the US were up 26 percent
in the second half of 2012 from the 1H/12, and Chinese log prices
reached new record highs, reports the Wood Resource Quarterly
Log imports to China were off to a slow...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Log imports to China from New Zealand and the US were up 26 percent in the second half of 2012 from the 1H/12, and Chinese log prices reached new record highs, reports the Wood Resource Quarterly Log imports to China were off to a slow start in 2012 but in the second half of the year, shipments picked up with New Zealand and the US gaining the biggest market shares, reports the Wood Resource Quarterly. The Chinese domestic log market also heated up, with log prices reaching record high levels. Seattle, USA. Demand for imported softwood logs in China increased in the second half of 2012 after declining during the first six months of the year. Total imports in the 2H/12 were up nine percent, but the increase was not equally distributed between supplying countries. Shipments from New Zealand and the US were up 29 percent and 20 percent, respectively, while Russian exports to China fell
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood pellet exports from North America to Europe were up over 70%
in the 3Q/12 year-over-year, reports the North American Wood Fiber
Review
Rapid expansion of wood pellet production in both the US South and British Columbia
has...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood pellet exports from North America to Europe were up over 70% in the 3Q/12 year-over-year, reports the North American Wood Fiber Review Rapid expansion of wood pellet production in both the US South and British Columbia has dramatically increased pellet exports from North America to Europe the past year, according to the North American Wood Fiber Review. In the 3Q/12, total shipments were up 70 percent year-over-year to 860,000 tons. The growth is expected to continue with numerous plans for adding capacity, particularly in the US South. Seattle, USA. Pellet exports from the two primary pellet-producing regions on the North American continent, the US South and British Columbia, continued to increase in the 3Q/12 and reached a new record of 860,000 tons. Shipments in the 3Q/12 were over 70 percent higher than the same quarter in 2011, according to the North American Wood Fiber Rev
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood costs for pulp mills and sawmills in Brazil have fallen the past
year and are currently among the lowest in the world, reports the Wood
Resource Quarterly
Pulp mills and sawmills in Brazil became more competitive in 2012, because the...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood costs for pulp mills and sawmills in Brazil have fallen the past year and are currently among the lowest in the world, reports the Wood Resource Quarterly Pulp mills and sawmills in Brazil became more competitive in 2012, because the costs for the wood raw-material, which accounts for about 70 percent of the production costs, have declined by over 20 percent since 2011, according to the Wood Resource Quarterly. Seattle, USA. Pulp mills and sawmills in Brazil became more competitive in 2012 mostly thanks to a weakening Brazilian Real. Pine sawlog prices in Brazil, in US dollar terms, fell 22 percent in just one year, and prices in the 2Q/12 have been at a level below where they were just before the financial crisis that hit in 2008, according to the Wood Resource Quarterly (www. woodprices. com). In the local currency on the other hand, prices have actually increased steadily and
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Log and lumber imports to China were down 19% during first eight
months of 2012, y-o-y, with the biggest declines seen of logs imported
from Russia and the US, reports the Wood Resource Quarterly
Importation of both logs and lumber to...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Log and lumber imports to China were down 19% during first eight months of 2012, y-o-y, with the biggest declines seen of logs imported from Russia and the US, reports the Wood Resource Quarterly Importation of both logs and lumber to China fell substantially in 2012, reports the Wood Resource Quarterly. Total imports, by value, during the first eight months was 4. 3 billion dollars, or 19% less than in 2011, with the biggest declines in logs imported from Russia and the US, and in lumber from North America. Seattle, USA. The reduction in construction activities in China during 2012 has resulted in reduced demand for lumber, and as a consequence, a sharp decline in the importation of softwood logs and lumber to the country. During the first eight months this year, China imported logs and lumber worth 4. 3 billion dollars, or 19 percent less than the same period last year, as reported
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
South Korea and Japan will become large importers of pellets and
energy chips in the coming decade, reports the Wood Resource
Quarterly
Both Japan and South Korea intend to reduce the consumption of fossil fuels and
increasingly rely on...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC South Korea and Japan will become large importers of pellets and energy chips in the coming decade, reports the Wood Resource Quarterly Both Japan and South Korea intend to reduce the consumption of fossil fuels and increasingly rely on renewable energy in the future. As a consequence, both countries will increase their importation of wood pellets and energy chips from other countries in Asia and from North America in the coming years, reports the Wood Resource Quarterly. Seattle, USA. Asia will consume more wood pellets and energy wood chips in the future. The governments in Japan and South Korea have announced definite plans to increase their usage of green and low carbon energy alternatives. South Korea is taking steps to reduce its dependence on imported fossil fuels and instead invest in domestic renewableenergy technology, including wind, solar, hydropower and biomass. The lon
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Log costs for Russian sawmills did not fall as the Russian government intended when it implemented a 25 percent log export tariff in 2008. Instead, sawlog prices have increased by 24 percent the past three years and the supply of logs has been tight in 2012, as reported by the Wood Resource Quarterly.
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Lumber markets in the US improving with higher demand and
increasing prices in the 2Q/12; sawlog price trends mixed, reports to the
Wood Resource Quarterly
Increased demand for lumber in the US and higher exports from Canada to China...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Lumber markets in the US improving with higher demand and increasing prices in the 2Q/12; sawlog price trends mixed, reports to the Wood Resource Quarterly Increased demand for lumber in the US and higher exports from Canada to China have resulted in lumber prices being about 35% higher in August of 2012 as compared to August of 2011. Sawlog prices have moved up in Interior BC 2Q/12 y-o-y, while falling in Western US and remaining unchanged in Eastern Canada and the US South, according to WRQ. Seattle, USA. The North American lumber market has, to a large extent, been a buyers market since the beginning of the financial crisis in 2008, but is now shifting to a sellers market with the increase in demand for lumber by the huge US market. In May, lumber consumption in the US was 13 % higher than in May of 2011. The May 2012 consumption level was actually the highest seen for the month o
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Chile and Brazil have began to supply Eucalyptus chips to Chinese pulp
mills; however Japan continues to be the major destination for Latin
American wood chips, reports the Wood Resource Quarterly
In late 2011, Brazil and Chile sent the...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Chile and Brazil have began to supply Eucalyptus chips to Chinese pulp mills; however Japan continues to be the major destination for Latin American wood chips, reports the Wood Resource Quarterly In late 2011, Brazil and Chile sent the first chip vessels to pulp mills in China in over five years. In the past, Japan had been the major destination for Latin American Eucalyptus chips. With Japanese pulp mills paying considerably more than Chinese pulp mills for chips, it is likely that a majority of Eucalyptus chips from Latin America will continue to be shipped to Japan. Seattle, USA. In 2007, China imported wood chips from only three countries: Vietnam, Indonesia and Australia, who together shipped 1. 1 million tons throughout the year. With the fast expansion of the pulp industry in China, the country is rapidly growing its need for wood fiber. Domestic supplies have proven inadequ
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Sawlog prices trended downward worldwide in past 12 months, with the
Global Sawlog Price Index falling 11% from the 2Q/11 to the 2Q/12,
according to the Wood Resource Quarterly
Wood costs have fallen the past year for many sawmills in the...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Sawlog prices trended downward worldwide in past 12 months, with the Global Sawlog Price Index falling 11% from the 2Q/11 to the 2Q/12, according to the Wood Resource Quarterly Wood costs have fallen the past year for many sawmills in the major lumber-producing countries worldwide. The Global Sawlog Price Index was US$82. 90 per cubic meter in the 2Q/12, which was 11. 5% lower than in the 2Q/11, according to the Wood Resource Quarterly. Sawlog prices have declined the most in Europe the past year. Seattle, USA. Softwood sawlog prices continued their slide throughout the world in the 2Q/12, and the Global Sawlog Price Index (GSPI) was down for the fourth consecutive quarter to $82. 90 per cubic meter, according to the Wood Resource Quarterly (WRQ). The Index, which is based on sawlog prices in 20 regions around the world, was down 3. 4 percent from the 1Q/12 and 11. 5 percent from its
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Vietnam has taken over Australia as the world’s largest supplier of wood chips to pulp mills in Asia. In 2011, Vietnam exported 5.4 million tons, triple that in 2007, as reported in the Wood Resource Quarterly.
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Wood costs for pulp mills and sawmills in Brazil have gone up over the past few years, reaching their highest levels in over 20 years in 2011, according to the Wood Resource Quarterly.
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
The global sawlog price index in the 1Q/12 was down almost nine
percent from early 2011, with Europe experiencing the biggest decline
in prices, reports the Wood Resource Quarterly
Reduced global demand for lumber has resulted in a...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine percent in 12 months, as well as a recent decline in the global trade of logs, as reported by the Wood Resource Quarterly. Seattle, USA. Prices for sawlogs fell in virtually all twenty countries covered by the Wood Resource Quarterly (www. woodprices. com), both in local currencies as well as in US dollars. This resulted in the third consecutive quarterly decline of the Global Sawlog Price Index (GSPI) to US$85. 90/m3. The Index was down 3. 0 percent from the 4Q/11, and 8. 6 percent lower than the all-time high in the 2Q/11. Lower demand for lumber in many markets in Europe and reduced log imports t
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Global trade of lumber up 25 percent the past two years and signs of
better times ahead for the lumber industry, reports the Wood Resource
Quarterly
International trade of softwood lumber increased in 2011 after two years in decline....
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Global trade of lumber up 25 percent the past two years and signs of better times ahead for the lumber industry, reports the Wood Resource Quarterly International trade of softwood lumber increased in 2011 after two years in decline. Imports were up to China, Japan, Spain and South Korea while they fell in the US, the UK, France and Egypt, as reported in the WRQ. In Europe, lumber prices might have bottomed and could start increasing if additional supply will not outpace higher demand. Seattle, USA. After a sharp decline in global demand for lumber in 2008 and 2009 as a result of the global recession, global trade of softwood lumber increased an estimated 25 percent over the past two years. In 2011, trade reached just over 90 million m3, which is still substantially below “pre-financial crises” levels. China, Japan, Spain and South Korea saw the biggest rise in import volume between
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Global Timber and Wood Products Market Update
- a news brief from Wood Resources International LLC
Wood chip exports from Latin America reached a record high in 2011,
with pulp mills in Japan and Europe being the major export
destinations, reports the Wood Resource Quarterly
Global trade of wood chips has gone up substantially the past...
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Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Wood chip exports from Latin America reached a record high in 2011, with pulp mills in Japan and Europe being the major export destinations, reports the Wood Resource Quarterly Global trade of wood chips has gone up substantially the past two years. Hardwood chip export from Chile, Uruguay and Brail was up 43 percent in 2011 compared to 2009, as reported by the Wood Resource Quarterly. A clear majority of the increase was Eucalyptus chips destined for pulp mills in Japan and Europe. Seattle, USA. Wood chip exports from Latin America are on track to reach a record high of almost eight million tons in 2011, reports the Wood Resource Quarterly. This would be an increase of seven percent from last year and of almost 60 percent higher than in 2006. Chile is by far the biggest exporter, accounting for two-thirds of the total shipments from the continent, while Brazil and Uruguay both acco
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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 a
record high in the 4Q/11 thanks to increased demand in the United
Kingdom, reports the North American Wood Fiber Review
Exports of wood pellets from North America to Europe...
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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 a record high in the 4Q/11 thanks to increased demand in the United Kingdom, reports the North American Wood Fiber Review Exports of wood pellets from North America to Europe reached a record of over two million tons in 2011, according to analysis reported in the North American Wood Fiber Review. Canada has long been the main exporter of pellets but in the second half of 2011, the US caught up and exported an equal volume to Canada. Seattle, USA. Pellet exports from North America to Europe reached a new record high in the 4Q/11. Shipments have increased practically every quarter for four years, up from 130,000 tons in the 1Q/08 to almost 600,000 ton in the 4Q/12, according to the North American Wood Fiber Review (NAWFR). Export data collected by NAWFR (www. woodprices. com) from exporters and customs information in both Nor
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