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Tag: China

Russian timber industry news #12-2016

10 July 2016 ` 12:51  
– The Far Eastern company Arkaim is going to open plant for the production of antioxidants from raw wood in bonded zone Xinglong in China’s Changchun. “We plan to process here larch into antioxidants and prebiotics. These products...

Global timber market review #11-2016

23 June 2016 ` 07:27  
– Latest EU import data shows that tropical plywood has continued to lose share in the EU plywood market over the last two years, ITTO reported. Tropical hardwood faced plywood has lost share mainly to Chinese plywood faced...

Global lumber markets are on the rise

8 June 2016 ` 14:30  
In Q1 of 2016, world trade of lumber increased by 20% (y-to-y). Ten largest importing countries – especially the US, China and Egypt – have increased the volume of purchases. In the period from January to April 2016,...

Global timber market review #10-2016

3 June 2016 ` 15:51  
– With declining log inventories at the Chinese ports (about 40% lower than the same time last year) and an uptick in demand for wood in the domestic market, importation of logs has been trending upwards in the...

Global timber market review #9-2016

27 May 2016 ` 11:34  
– On May 1, insolvency proceedings on the bankrupt German Pellets Group were opened. The company is now managed by insolvency administrator, and its mills are gradually acquired by various investors. – A trial is underway at the...

In Q1 2016, Russian softwood lumber exports reached a historic high of 5.2m m3

11 May 2016 ` 22:51  
In March 2016, the sales of softwood lumber from Russia to foreign markets grew by 32% (m/m), or by 5.5% year on year to 2.2 million m3. The value was $256 million, which is 30% higher than last...

Russian timber industry news #7/8-2016

11 May 2016 ` 22:44  
– Ilim Group has announced the investment of $2 billion in development of its production facilities in the next five years. The company plans to increase annual output by 500 thousand tonnes during this time. – Chinese Hubei...

Global timber market review #7/8-2016

11 May 2016 ` 22:36  
– The Japanese government has reassessed the state of the economy and cited weakness in consumer and corporate sentiment as undermining the progress made to-date. Domestic weakness is exacerbated by uncertainty in global markets and slowdown in emerging...

WhatWood: in February 2016, softwood lumber exports from Russia grew 29% to 1.7 million m3

7 April 2016 ` 18:30  
In February 2016, deliveries of softwood lumber from Russia to foreign markets rose by 29% (m/m). On the annual basis, exports also increased by 6.7% to 1.7 million m3. The value of exports amounted to $198 million, which...

Russian timber industry news #6-2016

7 April 2016 ` 18:27  
– Lesozavod 25 (Sawmill 25, Arkhangelsk region) is investing RUR 4.8 billion in the modernization of Arkhangelsk LDK-3 sawmill acquired in late 2014 from Rusforest. The project will be implemented until 2018 in two phases. The first one...

Global timber market review #6-2016

7 April 2016 ` 18:19  
– A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...

Global timber market review #3-2016

28 February 2016 ` 16:18  
– The decline in Canada’s sawnwood exports to China has turned sawmills to look for alternative export markets. Possible candidates to make up for the weak low-grade lumber market in China are South Korea, Japan, India and other...