Logs. sawnwood
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African timber export prices remain stable in most markets
Operators report that markets, while active, are generally quiet. Operators in Gabon and Congo are facing unsettled weather. Despite the expected arrival of the dry season heavy rain and thunderstorms persist daily. This abnormal weather pattern is causing delays in forest operations and transport.... Continue reading
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February 20, 2023
Trends in the global lumber markets discussed at “Wood from Finland” conference
The annual "Wood from Finland" conference which took place on February 15 and 16, 2023 in Helsinki attracted a record audience: nearly 500 global wood professionals gathered to update the short and long-term outlook for industry. In addition to market overviews by country, presentations were made on topics such as the global economy, the situation in China and the future exploitation of natural resources. The event was opened by the Minister of Foreign Affairs, Mr. Pekka Haavisto, who presented the situation of global security policy. Beyond the strong support that Ukraine needs, Minister Haavisto underlined the importance of dialogue within the EU. “Openness must be maintained, both in terms of trade and investment. The diversification of the economy is also necessary and a dialogue with the United States is essential to avoid trade barriers between Europe and the United... Continue reading
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China: Log and lumber stocks accumulating at ports
After the 2022 February Spring Festival both log and lumber stocks have been accumulating at ports but, due to slow demand, the inventory of the major wood market dealers has been running high. The ports are overstocked with logs and the stock of logs at Taicang Port have reached a record high of 1.7 million cubic meters, resulting in a sharp drop in both logs and lumber imports compared with last year. According to China Customs, log imports were 18.04 million cubic meters valued at US$3.641 billion, down 30% in volume and 14% in value from January to May 2022. China’s lumber imports fell 7% to 10.78 million cubic meters. In May alone, China’s log imports amounted to 4.23 million cubic meters valued at US$888 million, down 20% in volume and 14% in value. China’s lumber imports declined 11% to 2.26 million cubic meters. Because of heavy rain in the south and high temperature... Continue reading
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February 7, 2022
Log and sawnwood availability in Vietnam problematic and price a major issue
Due to the impact of Covid-19 imported wood raw materials from major suppliers is now problematic. Availability and supply chain disruptions have pushed up prices for imported wood which is affecting the willingness of Vietnamese manufacturers to accept orders with a long delivery period. In addition to the high cost of imports prices of local plantation timber have jumped about 5%. Practical solutions taken by the Government and the private sector have helped industries grasp market opportunities and record impressive growth in 2021. By the end of 2021 W&WP exports reached US$14.8 billion, up by 20% compared to 2020 and accounting for 4.4% of the total export earnings by the country. In particular, the share of high value-added WPs (wooden furniture, floorings, doors etc.) rose sharply. W&WP exports to top markets, such as the US, China, Japan, EU, South Korea, Canada... Continue reading
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August 1, 2016
Rusforest reports lower sawnwood production in Q2/2016
RusForest AB announced preliminary Q2 2016 production and sales results for its Magistralny and Ust-Ilimsk units in Russia. In Q2 2016, RusForest harvested 31,770 m3 of logs, compared with 29,704 m3 in Q2 2015 (+7%), which included 24,636 m3 of own harvesting in Ust-Ilimsk. Harvesting operations in Magistralny decreased by 76% in Q2 2016 to 7,134 m3. The main reasons for lower harvesting volumes were an early wet spring and therefore problems with hauling in the beginning of April, as well as planned lower harvesting volumes in Q2 due to strong Q1 2016 harvesting. Harvested volumes in Magistralny for the first half 2016 only decreased by 4% compared with the first half 2015. Sawmilling In Q2 2016, RusForest produced 17,838 m3 of sawnwood, compared with 18,467 m3 in Q2 2015 (-3%). Lower sawnwood production volumes were caused by sawlogs shortage in June. At the same time... Continue reading
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February 20, 2023
Trends in the global lumber markets discussed at “Wood from Finland” conference
The annual "Wood from Finland" conference which took place on February 15 and 16, 2023 in Helsinki attracted a record audience: nearly 500 global wood professionals gathered to update the short and long-term outlook for industry. In addition to market overviews by country, presentations were made on topics such as the global economy, the situation in China and the future exploitation of natural resources. The event was opened by the Minister of Foreign Affairs, Mr. Pekka Haavisto, who presented the situation of global security policy. Beyond the strong support that Ukraine needs, Minister Haavisto underlined the importance of dialogue within the EU. “Openness must be maintained, both in terms of trade and investment. The diversification of the economy is also necessary and a dialogue with the United States is essential to avoid trade barriers between Europe and the United... Continue reading
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September 24, 2019
Brazil: Latest prices for logs, sawnwood and plywood
Latest prices for Brazilian logs, sawnwood and plywood as of 16-31 August, 2019. Brazilian logs, mill yard, domestic US$ per m3 Ipê 210⇑ Jatoba 117⇑ Massaranduba 111⇑ Muiracatiara 111⇑ Angelim Vermelho 110⇑ Mixed redwood and white wood 92⇑ Source: STCP Data Bank... Continue reading
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June 1, 2023
African timber export prices remain stable in most markets
Operators report that markets, while active, are generally quiet. Operators in Gabon and Congo are facing unsettled weather. Despite the expected arrival of the dry season heavy rain and thunderstorms persist daily. This abnormal weather pattern is causing delays in forest operations and transport.... Continue reading
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July 3, 2022
China: Log and lumber stocks accumulating at ports
After the 2022 February Spring Festival both log and lumber stocks have been accumulating at ports but, due to slow demand, the inventory of the major wood market dealers has been running high. The ports are overstocked with logs and the stock of logs at Taicang Port have reached a record high of 1.7 million cubic meters, resulting in a sharp drop in both logs and lumber imports compared with last year. According to China Customs, log imports were 18.04 million cubic meters valued at US$3.641 billion, down 30% in volume and 14% in value from January to May 2022. China’s lumber imports fell 7% to 10.78 million cubic meters. In May alone, China’s log imports amounted to 4.23 million cubic meters valued at US$888 million, down 20% in volume and 14% in value. China’s lumber imports declined 11% to 2.26 million cubic meters. Because of heavy rain in the south and high temperature... Continue reading
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June 1, 2023
African timber export prices remain stable in most markets
Operators report that markets, while active, are generally quiet. Operators in Gabon and Congo are facing unsettled weather. Despite the expected arrival of the dry season heavy rain and thunderstorms persist daily. This abnormal weather pattern is causing delays in forest operations and transport.... Continue reading