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Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Asia & Middle East / China / Global
January 23, 2018

Timber export prices in Japan likely to hit 40-year high on Chinese demand

Timber export prices in Japan likely to hit 40-year high on Chinese demand
The export value for timber products in Japan will, most likely, reach the highest peaks in the last 4 decades. The industrial demand has provided an outlet for producers hit by a shrinking domestic housing market.    Full-year figures will likely reach nearly 32 billion yen ($288 million), up more than 30% from 2016, even if the December count stays flat year-on-year at 2.4 billion yen. Exports for January-November jumped 37% from the previous year to 29.2 billion yen, according to the Japan Wood-Products Export Association. The total 2016 tally ...

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