Tag: Noritec

Global Trends Review, June 03-09, 2013: surging lumber prices in Japan; growing export wood trade in early 2013; further shift of board & paper capacities

To stop long lasting deflation, Japanese government took monetary easing policy, which depreciated yen’s exchange rate sharply in short time, ITTO reported. The yen/dollar rate was 78 last autumn, now it plunged to 102. Also the yen depreciated...