Global timber market review #3-2015

– On the background of oil prices being misbalanced, Canadian forestry is flourishing.

– In 2014, British Columbia’s softwood lumber exports to China have fallen for the first time in nearly a decade.

– The forest business in B.C. struggles from the lack of economically available fibre.

– Södra seeks to increase deliveries to the United States in the spring of 2015, as demand for wood products in US is on the rise, with euro rate also being favourable.

– Pellet exports from North America rose in the 3Q/14 after a stable first half of the year.

– The USDA Forest Service released a new report on the effects of the industrial wood pellet industry on southern US forests.

– Construction output in the UK is forecast to increase 5.3% in 2015 and 17.8% by 2018.

– The Finnish forestry company Finnpulp is planning to spend up to Euro 1.4 billion to build a new pulp mill in Kuopio.

– Low-priced imports from Belarus and Russia created additional downward pressure on newsprint prices in Poland.

– Stora Enso is investing EUR 43 million in a new production line for wooden building elements located in Varkaus.

– The Japan Lumber Importers Association issued a forecast for 2015 imports.

– Heavy rouble depreciation leads to problems in the Sino-Russian border trade in the Manzhouli area.

More detailed review of global market trends of roundwood, lumber, wood panels and pellets as well as news of the Russian timber industry; exclusive articles and interviews; over 25 pages of price charts are available in our digital Russian Timber Journal.