News archive

Tag: Coronavirus

Sharp decline in China’s plywood and wood furniture exports; wooden doors rose in output value in 2019

18-05-2020
China, plywood, furniture, wooden doors, exports, 1Q 2020, coronavirus

According to China Customs, in the first quarter of 2020, China’s plywood exports were 1.85 million cubic metres valued at US$787.6 million, a drop of 85% and 82% respectively over the same period in 2019, reported ITTO. The main markets for plywood exports in the first quarter were the Philippines (131,000 cu.m), UK (129,000 cu.m), Japan …

Most of UK timber supply chain re-opening by end of May

14-05-2020
UK, timber supply chain, businesses, re-open, end of May, coronavirus, COVID-19, lockdown

Almost all businesses in the timber supply chain will be re-starting operations in May according to a Confederation of Timber Industries (CTI) survey, reported Timber Trade Journal (TTJ). The survey showed that a full one third of businesses remained open to some extent during the Covid-19 lockdown. The remainder of businesses responding to the …

Muar wood-based industry expects to lose RM500 mil in revenue due to MCO

11-05-2020
Furniture businesses, wood products, wood-based panels, manufacturing, impact, coronavirus, COVID-19, MCO, Muar, Malaysia

Furniture businesses and related players in the wood-based industry in Muar, Johor have been affected in the first quarter of this year, expecting to lose about RM500 million in revenue due to the Movement Control Order (MCO), reported The Edge Markets. Muar Furniture Association president Ong Yeou Huan said that as the wood-based industry is …

Actions taken by wood industries in Malaysia, Canada, U.S. and New Zealand so far

05-05-2020
Wood industry, Malaysia, Canada, U.S., New Zealand, coronavirus, impact

The wood industries in Malaysia, Canada, U.S. and New Zealand have all limited productions following some form of lockdown or movement control. According to Japan Lumber Journal, wood industries worldwide have experienced a set of common and unique challenges that arose from regulations imposed by their own governments and a general decline in …

China’s housing sales in Q1 2020 down 8 percent but sees steady revival in March

04-05-2020
China, housing market, furniture retail, property sales, revival, coronavirus, Q1 2020

In a press release, China's National Bureau of Statistics reports that in the first quarter 2020, investment in real estate dropped almost 8 percent year on year. However, China’s residential housing market began a steady revival in March as real estate companies reopened across the country following the easing of the nationwide shutdown, …

Impact of pandemic on Malaysian forest and logging sector's employment and income

04-05-2020
Department of Statistics Malaysia, forest, logging, sector, income, employment, COVID-19, coronavirus, pandemic

The Department of Statistics Malaysia (DOSM) conducted an online survey to assess the impact of the pandemic on employment and income, reported ITTO. For the forestry and logging sector the survey results showed 6 percent of workers were on half pay leave, 18 per cent were on unpaid leave and 12 per cent had lost their job. The report can be …

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