South
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Softwood timber surplus in the US South expected to fall, prices likely to increase
The large softwood timber surplus in the US South is likely to diminish over the next decade, resulting in regional increases in sawlog prices. The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In 2020, an estimated 12% of the world's conifer timber harvest was in this region. A large softwood timber inventory has built up in the southern US over the past 15 years. In 2000, timber harvests almost equaled net growth, but during the housing crisis and great recession in 2007-2009, lumber production, sawlog demand, and log removals fell sharply, leading to increased softwood timber inventory. Over the past decade, softwood sawlog demand has increased as sawmill production has recovered. The higher log consumption has led to a decline in the discrepancy between the timber harvests and... Continue reading
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January 10, 2022
Softwood timber surplus in the US South expected to fall, prices likely to increase
The large softwood timber surplus in the US South is likely to diminish over the next decade, resulting in regional increases in sawlog prices. The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In 2020, an estimated 12% of the world's conifer timber harvest was in this region. A large softwood timber inventory has built up in the southern US over the past 15 years. In 2000, timber harvests almost equaled net growth, but during the housing crisis and great recession in 2007-2009, lumber production, sawlog demand, and log removals fell sharply, leading to increased softwood timber inventory. Over the past decade, softwood sawlog demand has increased as sawmill production has recovered. The higher log consumption has led to a decline in the discrepancy between the timber harvests and... Continue reading
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March 21, 2017
Tokyo biomass pellets summit to gather over 200 buyers and sellers
To be held in Tokyo on 15-18 May, the 8th edition of renowned Biomass Pellets Trade & Power summit promises latest updates on North Asia's biomass capacities, raw material imports, feedstock price trends and stiff competition between wood chips/pellet sellers from SE Asia, Europe and North America. Japan and South Korea's strong buying demand for wood pellets to feed its existing and new biomass power capacities coming on-stream have led to increase in spot wood pellet prices and sellers vying for a share of these markets. Aptly, the Tokyo summit calls on Japan's key biomass producers -- IPP eRex, that is expected to purchase 300,000 tons of palm shells and biofuel this year, to discuss its expectations on biomass requirements and Sumitomo Corporation, that has an upcoming 50MW biomass plant, to share about Japan's demand and imports of wood pellets, wood chips and... Continue reading
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January 10, 2022
Softwood timber surplus in the US South expected to fall, prices likely to increase
The large softwood timber surplus in the US South is likely to diminish over the next decade, resulting in regional increases in sawlog prices. The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In 2020, an estimated 12% of the world's conifer timber harvest was in this region. A large softwood timber inventory has built up in the southern US over the past 15 years. In 2000, timber harvests almost equaled net growth, but during the housing crisis and great recession in 2007-2009, lumber production, sawlog demand, and log removals fell sharply, leading to increased softwood timber inventory. Over the past decade, softwood sawlog demand has increased as sawmill production has recovered. The higher log consumption has led to a decline in the discrepancy between the timber harvests and... Continue reading