News archive

Tag: Softwood

Editor’s pickWRI: Weakened US dollar drives global wood fiber price indices up 1.6% in 3Q 2020

13-01-2021
Wood Resources International, WRI, prices, hardwood, softwood, market

In 3Q 2020, the Global Hardwood Fiber Price Index (HFPI) was up by 1.6% to $81.17/odmt, following a 16-year low in the previous quarter. The first q-o-q increase in almost two years was mainly driven by a weakening of the US dollar against currencies in all WRQ countries except Russia. Currencies in Europe and Oceania …

Editor’s pickEuropean softwood lumber exports hit 45% in 2020

23-10-2020
Europe, export, trade, softwood

European lumber exporters have expanded their sales overseas from 30% to 45% over the past ten years, with Asia receiving a fifth of total exports in 2020, reports the Wood Resource Quarterly. Sawmills in several European countries have long been exporting large volumes of softwood lumber outside their domestic markets. Historically, most of the …

China's softwood lumber imports see 42% increase in Q2 2020

09-09-2020
China, Softwood, Import

According to forest industry insight by Wood Resources International, China increased importation of softwood lumber by 42% quarter-on-quarter in Q2 2020, reaching 7.1 million cubic metres. This large increase followed a quarter where import volumes had fallen to a four-year low. As estimated 8% of globally traded lumber is shipped to the Middle …

Hayashi Plywood Industrial plans to curtail production by 20%

24-04-2020
Hayashi Plywood, softwood plywood, Maizuru, Nanao, plants, curtailment, temporary, partial

Hayashi Plywood Industrial Co., Ltd. (Osaka, Japan) manufactures softwood plywood at Maizuru and Nanao plants. To deal with dropping sales, it has started reducing the production by 10% since last month and March production is down by 15%. With dropping orders from precutting plants and large house builders, it plans to curtail the production by …

WRQ:China’s imported forest products decline sharply in early 2020

08-04-2020
China, import, forest products, softwood lumber, softwood logs, wood chips

The value of imported forest products to China dropped by 750 million dollars y-o-y during January and February 2020, with the biggest fall seen on the value of softwood lumber, reports the Wood Resource Quarterly The coronavirus epidemic in China has resulted in sharply reduced importation of forest products in early 2020. During January and …

China sees rise in sawnwood imports but not tropical sawnwood in 2019

06-04-2020
China, sawnwood, softwood, hardwood, markets, prices, volume, 2019, imports

According to data from China’s Customs, 2019 sawnwood imports totalled 38.11 million cubic metres valued at US$8.591 billion, a year on year increase of 4% in volume but a decline of 15% in value, reported ITTO. Of total sawnwood imports, sawn softwood imports rose 15% to 28.62 million cubic metres accounting for 57% of the national total, …