News archive

Tag: markets

New Forests Asia attains Capital Markets Services Licence

11-06-2020
New Forests Asia (Singapore), Capital Markets Services (CMS) Licence, forestry investment

New Forests Asia (Singapore) Pte Ltd announces its newly attained Capital Markets Services (CMS) Licence, bolstering its capabilities as a Singapore-based fund manager. The CMS Licence enables New Forests Asia to conduct funds management for accredited or institutional investment clients. “We feel it is beneficial to be licenced here in …

Vietnam wood and wood product export earnings see 6% growth in first four months of 2020

19-05-2020
Vietnam, wood and wood products, export, earnings, markets, performance, first 4 months, 2020

Vietnam’s coronavirus situation in control After a week with no new corona cases Vietnam's government eased its 22-day social distancing requirement on 23 April allowing some businesses to reopen. Vietnam acted very fast when the virus outbreak was detected in China by closing the border, reported ITTO. With only 288 confirmed corona cases …

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, …

WRQ: Global trade volume of softwood in 2019 remained stable but prices declined in all continents

16-03-2020
Wood Resource Quarterly, global timber markets, global lumber markets, US, China, 2018, 2019, review

Global Timber Markets Global trade volume of softwood in 2019 remained stable but prices declined in all continents. • Global trade of softwood logs in 2019 remained practically unchanged from 2018 at 93 million m3. As much as 45% of globally shipped logs were destined for China, reported the Wood Resource Quarterly (WRQ). • Sawlog …

European hardwood markets feel the pinch of global trade tensions and general economy slowdown

10-12-2019
European hardwood markets, global trade tension, economic slowdown, International Hardwood Conference, Berlin

Following a relatively positive period in 2018, the European hardwood markets this year have felt the pinch of the global trade tensions and general slowdown of the economy, with Chinese demand for European hardwood slowing down a little. Demand this year in the EOS(European Organization of the Sawmill Industry) producing countries is expected to …

Editor’s pickFor DIEFFENBACHER, diversification is key

28-11-2019
DIEFFENBACHER, woodworking, machinery, APAC, ASEAN, Southeast Asia, markets, Holger Ries, Area Sales Directo

In the past two years, DIEFFENBACHER has observed shifts in the Asian Pacific market, as manufacturers in the wood industry sought ways to avoid colliding head-on with challenges brought about by world events such as the U.S.- China trade war and an impending economic slowdown. PFA speaks to Holger Ries, DIEFFENBACHER's Area Sales Director in …

Ghana wood exports to Asia up in first 7 mths of 2016

04-11-2016
Ghana, ITTO, Asian markets

Ghana’s exports in the first seven months of this year totalled 228,387 cubic metres, worth EUR130,732 million—up 10% in export volume and 24% in earnings compared to the same period last year. Leading export products up to July were air-dried sawnwood (60%), kiln-dred sawnwood (13%), plywood to regional markets (9%), roundwood …

Subscribe to our newsletter