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Asian lumber markets

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Added: 28.06.2019
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Forests Minister Doug Donaldson is taking an even larger group to three key Asian countries this winter in a push to expand exports beyond the suddenly slowing U. The immediate supply-demand balance was such that sellers were in a good position to force customers to pay the additional duty rate. Lumber market — Japan The record high softwood lumber prices in the US have impacted the costs for North American lumber imported to Japan in the past six months. Not only did this tax fail to achieve the desired effect, but logs became expensiveto acquire, and the overall supply saw a decrease.

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Global Wood Markets Info

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B.C. trade trip to Asia to boost lumber markets | Times Colonist

Smaller gains are likely in other regions, with only Japan possibly recording a negative result. Our forecast is for U. Similarly to what is shown in Figure 3, the decline in volume shown inVolume m3 Year12Figure 4 picks up speed between the years of and Skip to main content. As it turns out, this dead or dying wood still qualifies as the lower-grade product the Chinese have been mostly looking for. With lumber prices remaining on the low side, affected still by the soft American housing market, and B. However, in the year , Japan would see the beginning of a massive drop involume imported from Russia.
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B.C.’s forest sector turns to Asia as U.S. market cools

After softwood lumber consumption in the US reached a ten-year high in , demand fell in early This is a sharp contrast to , when U. As the summer closed and lumber demand in traditional markets dropped, producers turned to new emerging regions in Asia — where demand is very strong. Logs are ready for milling at West Fraser Timber in Quesnel. We expect decent growth through the forecast period as rising U.
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Whilst most of the NZ log trade is shipped in handy size vessels, this segment is strongly influenced by the BDI. Trending Stories Construction company pulls out of Richmond project Three people hospitalized in Richmond after possibly inhaling a 'chemical substance' Letter: Something stinks in Richmond Owner of now-demolished Richmond restaurant seeks redress. Multimedia Gallery.
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