News and developments in International Forestry Newsletter

Prices for hardwood chips traded internationally increased 1.3%

Prices for hardwood chips traded overseas increased 1.3% in January,2015, but were still 5.8% lower than in early 2014, according to theFOEX PIX-HCG Index Prices for hardwood chip shipped over the Pacific Rim and the Atlantic to markets inAsia and Europe have trended downward for more than three years. However, inDecember 2014 and January 15, […]

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China is back in timber business

According to statistics from China customs, about 25 million cubic meters logs were imported to China during January-July, 2013 grew by 11.34% over the same period of last year and the total value reached over USD 5 billion and gained an 11.34% year-on-year growth. At the same time, China imported more than 13 million cubic […]

News and developments in International Forestry

Spain and Portgal reduced imports from Uruguay

The pulp industry from Spain and Portugal decided in 2012 to rely more on the domestic sources of wood fiber rather than on imports. The main reasons are the relatively costly wood fiber from Latin America and the fact that pulp mills have paid less for pulp logs in 2012, which resulted in much lower […]

News and developments in International Forestry

Tembec is selling pulp mill in British Columbia

Tembec announced today that it has reached an agreement to sell its NBSK pulp mill and related assets and liabilities located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation (“Paper Excellence”) for a purchase price of $89 million, which includes working capital. Closing of the transaction is expected to occur in the second […]

News and developments in International Forestry

Mynamar Exports: US and Western Countries lifts ban

Myanmar will export its timber to the European Union (EU) countries starting June this year and s delegation of the EU will Myanmar next month to coordinate for the export, local media reported Wednesday. During its visit in Myanmar, the EU delegation will observe current timber extraction in the country and sign a memorandum of […]