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June 4, 2018

Wood demand forecasts for Japan in 2018

Wood demand forecasts for Japan in 2018
Japan's Forestry Agency has recently organized a meeting regarding the future of the wood demand in the country, for the Q2 and Q3/2018.    During the meeting, officials discussed about the general demand for imported wood products that would certainly decline for both logs and lumber, while the domestic demand for lumber and plywood would increase. This would improve self-sufficiency rate but may result in oversupply of domestic logs.    The new housing starts have registered a steep decline, as compared to the same month in 2017, with an average of ...

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