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Asia & Middle East

Russia increases duties on exports of logs to 40%

Export duties on three species (larch, spruce and fir) in Far East Russia has been raised by 15 points to [...]

India: Current prices for wood products

Latest prices for Indian teak, plywood and sawnwood - 16-31 January 2019    Plantation teak prices  [...]

Biomass subsidies: New schemes in Europe, first declines in Asia

The support of electricity generated from solid biomass is the most important stimulation for the development of the biomass power [...]

Vietnam targets 10.5 billion USD in wood and forestry products in 2019

Vietnam's forestry product exports in January is estimated at 903 million USD, a rise of 11 percent over the [...]

Malaysian timber exports projected to contract by 4% in 2018

The Malaysian Timber Industry Board (MTIB) is projecting a 4% decline in exports of timber and timber products for 2018 [...]

Latest prices for Indian domestic and imported wood products

Latest prices for Indian teak, plywood and sawnwood - 1-15 January 2019    Plantation teak prices  [...]

IKEA plans entry in the Vietnamese market

Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in [...]

ISO publishes chain of custody standard for wood products

ISO (the International Organization for Standardization) has published a new, voluntary standard for chain of custody (CoC) of wood and [...]

New pattern of demand impacting the Indian plywood market

The plywood market in India has absorbed an earlier price rise but supplies are still increasing faster than demand. Analysts [...]