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According to reports a Northwest International Timber Trading Center has been established in the Zhongchuan North Station Logistics Zone in the Lanzhou New Area, which functions as a national level logistics hub. With completion of the trading centre there has been created a new... [more...]
In June 2020, Brazilian exports of wood products (except pulp and paper) declined by 8.5% compared to June 2019 to a value of US$216.9 million. The value of June pine sawnwood exports fell 13.5% (US$38.4 million). In volume terms, June exports dropped 7.5% to 224,500 cu.m... [more...]
The Estonian wood industry company Kaamos Timber entered into a 15 million € loan agreement with the European Bank for Reconstruction and Development (EBRD) whose support will be used to establish a new sawmill owned by the Estonian company near the city of Mozyr in... [more...]
In recent months many plantation owners have reported the presence of disease in Vietnam's acacia plantations which, it has been identified, is caused by the leaf fungus, Ceratocystis manginecans. The Vietnam Academy of Forest Science (VAFS) has warned this fungus, if not... [more...]
Vietnam Administration of Forestry reports earnings of just over US$5 billion from wood product exports in the first half of 2020, up 2.4% year on year. In June alone export earnings topped US$900 million. Imports to Vietnam decreased by 8.5% compared to the first half of 2019. Their value... [more...]
Timber exports from Cameroon almost halfed (-45%) and around 60% of the countrie's sawmills supposedly stopped operations. The government is preparing a very longed for package of support for the local industry. But even if mills wish to resume operations they will face... [more...]
Importing less than 100,000 cu.m in each of the last two years, the UK is the fifth largest European importer for this commodity (after Belgium, Netherlands, France and Italy). With the UK trade stagnating in May, imports were well down from nearly all the major supply countries by the... [more...]
According to China Customs data in the first half of 2020 China’s log imports showed a year on year decline of 68% in volume and 70% in value. While New Zealand's log exports to China fell by 70%, the country still held position 1 among the suppliers with 5.25 million... [more...]
Major plywood manufacturers in Japan are collaborating to maintain the market by production curtailment and are not planning in lowering the sales prices - what has been the strategy in the past but was only possible by reducing the production cost via overproduction. In the current... [more...]