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Asia & Middle East

Global softwood lumber prices keep on going up during Q1/2018

Global softwood lumber prices continued their two-year climb in the 1Q/18 with the pace being higher in North [...]

GreenPly Industries starts MDF production at its new plant in India

GreenPly Industries expects to commence commercial production at the company’s new MDF plant in Chittoor District, Andhra Pradesh, India [...]

Malaysia: Sabah log export ban expected to revive the timber industry in the country

The export of logs from Sabah, a major timber producing state, has been banned with immediate effect.    [...]

IKEA opens first Indian store in July at the lowest possible prices

IKEA prepares for the opening of its first store in India, in Hyderabad, this July. The biggest change that the [...]

Wood demand forecasts for Japan in 2018

Japan's Forestry Agency has recently organized a meeting regarding the future of the wood demand in the country, for [...]

Log export ban in Malaysia still active

Until some important issues get solved, the Malaysian government’s decision to temporarily ban the export of round logs will [...]

Russia and Japan to collaborate on the construction of a new wood pellet plant

As part of the Russia-Japan Investment Fund (RJIF), the Russian Direct Investment Fund (RDIF) and JBICIG Partners (a subsidiary [...]

India: Current prices for imported wood products

The price list for teak, sawnwood and plywood between 1-15 May, 2018.    Plantation teak prices [...]

Vietnamese wooden furniture manufacturers worry about raw material shortages

Vietnam's export turnover of all woodwork products during the first four months of 2018 increased significantly.    [...]

World furniture production grows 3% in 2017

According figures presented at the recent CSIL World Furniture Outlook  seminar, world furniture production amounted to over USD 400 billion [...]