News archive

Tag: logs

China: Log imports down 60% in the first half of 2020

17-09-2020
China, Logs, Import, Economy

Image: Pixabay China’s log imports fell sharply in the first half of 2020 to 24.51 million cubic metres valued at $3.558 billion, down 60% in volume and 62% in value from the same period of 2019, ITTO reported. Of total log imports, softwood log imports fell 61% to 17.64 million cubic metres, accounting for 72% of the national total. …

German log exports remain high in early 2020; almost 50% destined for China

11-08-2020
Germany, China, Exports, Logs, COVID-19

Wood Resources International reports that the log market in Germany has been extremely volatile in the first half of 2020, with high demand from the export market and a tight supply of fresh green logs. When COVID-19 forced sawmills to close in March, domestic demand for sawlogs fell and the price increases seen earlier in the quarter reversed …

China saw dramatic decline in log and sawnwood imports from ASEAN in 1Q 2020

09-06-2020
China, import, logs, sawnwood, ASEAN, South East Asia

China Customs data is showing that China’s log imports from ASEAN in the first quarter of 2020 were 14,209 cubic metres valued at US$16.5 million, a drastic decline of over 90% in both value and volume compared to the same period in 2019, reported ITTO. First quarter 2020 log imports from the main ASEAN countries; Laos 7,417 cubic metres, …

Acadian Timber increased 1Q sales to $31.4 million

11-05-2020
Acadian Timber Corp, sales, logs, growth, 1Q, 2020, adjusted EBITDA

During the 1Q 2020, Acadian Timber Corp. generated sales of $31.4 million compared with sales of $30.9 million during the prior year period. The year-over-year change reflects a 2% decrease in the sales volume of logs, excluding biomass, more than offset by a 1% increase in the weighted average selling price, excluding biomass, and increased …

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 to Remove Tariffs on U.S. Hardwoods

24-02-2020
NHLA, tariff, remove, trade war, China, U.S., logs, lumber, wood products, U.S. hardwoods

Based on reports from the Agricultural Specialist at the U.S. Embassy in Beijing as well as the Chinese Ministry of Finance, the Chinese government will remove U.S. hardwood lumber import tariffs starting on 28 February 2020 for one year, NHLA announced in its newsletter to its member. The list of products which could potentially have tariffs …

New Zealand logs piling up in China

13-02-2020
New Zealand, logs, china, export, oversupply, pile up

While Chinese borders are not closed to New Zealand logs, there are issues with oversupply, and logs backing up at Chinese ports. Demand for new logs is falling as a result, said the New Zealand Ministry for Primary Industries. Forestry contractors warn 30 per cent of New Zealand’s logging crews are not harvesting as a result, reported …

Sarawak Timber Association warns of effects of raising minimum wages

17-01-2020
Sarawak Timber Association, minimum wage hike, government policy, rising costs, plywood, logs, exports, foreign labour, production, costs

Sarawak Timber Association (STA) expressed concerns over the Government’s latest decision to raise minimum wages (MW) to RM1,200 in 57 major cities and towns effective from 1 January 2020. In its press release, STA said that while the association continues to support the Government’s efforts and policies in spurring sustainable and …

Analysis of China’s trade with the EU and VPA countries 2007-2017

13-01-2020
China, trade, EU, VPA, FLEGT, imports, exports, sawnwood, logs semi-processed wood products

The EU FLEGT Facility has issued a briefing note summarising an analysis of China’s trade with the European Union (EU) and Voluntary Partnership Agreement (VPA) countries on Forest Law Enforcement, Governance and Trade from 2007 to 2017. The analysis is reviewed in a report on ‘China’s Trade of Wood Products with EU, EU Member …

Georgia-Pacific opens $135 million state-of-the-art lumber facility in Georgia

12-11-2019
Georgia-Pacific, lumber facility, Warren Country, Georgia, lumber production, pine logs,

Georgia-Pacific opens its newest lumber facility with an onsite dedication in Warren County, Georgia. The $135 million, 340,000-square-foot technologically advanced lumber production plants its flag on the same site as an existing lumber mill. The new facility currently adds more than 80 workers to the existing workforce, employing a total of 179 …

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