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News and developments in International Forestry Newsletter

Law proposed to strengthen Forest Products Export.

Canadians have experienced supply chain challenges firsthand and the impacts that come with them, like the rising cost of everyday products. More recently, existing supply chain issues were exacerbated by extreme climate events, changes in trade patterns, and Russia’s invasion of Ukraine. This is why the Government of Canada is taking concrete action to strengthen […]

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News and developments in International Forestry Newsletter Pine

Misleading Report -Canada’s Forest Sector Responds

Earlier today, the Natural Resources Defense Council (NRDC) and Nature Canada jointly released a misleading and damaging report on Canada’s GHG emissions. Derek Nighbor, President and CEO, Forest Products Association of Canada (FPAC) issued the following statement in response: Last week, economists from the Royal Bank of Canada confirmed their expectation that Canada will enter […]

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 in Asia and Europe have trended downward for more than three years. However, inDecember 2014 and January […]

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China Timber 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, […]

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Canadian SPF Coastal Douglas Fir Douglas Fir News and developments in International Forestry Newsletter

West Fraser and Canfor closed mills in BC- Pine Beatle effects supplies

Forestry giants Canfor and West Fraser announced Thursday they will close two Interior sawmills next year because the pine beetle epidemic has gutted their timber supply. The closures, which also involve a swap of timber harvesting rights between the two companies, will result in 434 job losses in the communities of Quesnel and Houston. “Closing […]

Business Offers China Timber News and developments in International Forestry Newsletter Pine Radiata Pine Logs Southern Yellow Pine timber and lumber

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 […]

Acacia Shirleyi Hardwoods Export
News and developments in International Forestry Newsletter

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 […]

Gill Timbers Lumber Exports
News and developments in International Forestry Newsletter

India and Uruguay have signed a letter of intent

India and Uruguay have signed a letter of intent (LoI) to explore investment opportunities in iron ore and steel sector. The alliance will also encourage exchange of technical know how in iron ore and steel related raw materials.The LoI was signed between D R S Chaudhary, union steel secretary steel and Mr Roberto Kreimerman, Uruguay’s […]