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China

China reduced VAT on roundwood and lumber

VAT on some commodities and services has been reduced in order to stimulate the economy and support processing within the [...]

Booming Vietnamese economy as Chinese companies flee out of China to avoid trade war

The U.S. trade war with Beijing continues to boost the Vietnamese economy as companies dodge tariffs by relocating production [...]

China: 25 new particleboard plants put into operation in 2018 with 4 mil. m3 added capacity

The production capacity of China's fiberboard and particleboard is constantly changing. Some new production lines are put into construction [...]

Vietnam expected to surpass China as largest supplier of wooden products to the US

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially took effect on December 30, 2018 and came into [...]

IKEA tests furniture rental in 30 markets

IKEA will expand tests to allow customers to rent desks and sofas rather than buy them as it shifts away [...]

Swedish sawmills’ exports fall into lower gear

The Swedish sawmills have decreased their sawn and planed softwood lumber exports by -5%, to 12 million m3, during 2018 [...]

New record in Chinese softwood log imports; New Zealand, top supplier

China had another record year of softwood log imports in 2018, when over 40 million m3 of logs landed at [...]

China: New OSB plant to start production in 2020

    Work to build a new Chinese OSB factory for wood-based materials manufacturer Jiangsu Hui Dian [...]

Europe’s softwood lumber exports to China collapse; 1 million m3 less sent last year

The European softwood lumber exports to China fell by -32% during January-December 2018, as compared to the same period [...]