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Asia & Middle East

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan.    Russia’s retaliatory measures [...]

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

Rebound in China’s log imports expected from August

Generally, in June there is a supply and demand imbalance in China as the seasonal demand drops during the Chinese [...]

India: Current trends in the log import market

About nine bulk shipments of logs are expected in Kandla port in June; five from Uruguay, three from Australia and [...]

EU tropical wood import value at highest level for a decade

In the first three months of this year, the value of EU imports of tropical wood and wooden furniture was [...]

Vietnam’s Mekong Wood orders full MDF line from Siempelkamp

    The Vietnamese Mekong Wood MDF Joint Stock Company has placed an order for a complete MDF [...]

Japanese corporations take over global forest investor

New Forests, a Sydney-based Australian investment company that invests in natural assets worldwide, including sustainably managed forests, is to [...]

Japanese govt to offer financial aid to companies switching from imported to domestic lumber

Japan's Forestry Agency plans to offer financial aid to companies switching from foreign to domestic lumber, following the government [...]

Japan’s lumber industry under pressure due to ban on Russian wood

The global lumber industry has been through a tumultuous period over the past year or so due to wood shortages [...]