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, […]
Newsletter
Warning Bells – Logs export to China may slow down dramatically
Log exports to China are expected to slow down after surging in recent years. The red hot Chinese demand for U.S. timber is beginning to cool due to overbuilding, according to a forest economist.“While we don’t expect a collapse in log exports, we expect exports to slow in the next five years,” said Rocky Goodnow, […]
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 […]
Timber Prices to Surge Following Beetle Epidemic
An epidemic of mountain pine beetles is one of three factors set to fuel a long term surge in Canada and US timber prices, a new report predicts. A supply shock associated with the epidemic of mountain pine beetles is one of three factors which will drive a surge in timber prices throughout Canada and […]
July 2012 Newsletter
Gill Timbers International _ June 2012