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, […]
Tag: forestry news
Global Timber prices going high as China buying more
Lumber exports to China from Washington, Oregon, northern California, and Alaska rebounded in the fourth quarter of 2012, jumping to 89.4 million board feet, an increase of 97.2 percent compared to the third quarter of the year, according to the U.S. Forest Service’s Pacific Northwest Research Station. At the same time, total lumber exports to […]
News and developments in International Forestry, timber and lumber
The Indonesian government is ready to sign the Forest Law Enforcement, Governance and Trade – Voluntary Partnership Agreement (FLEGT-VPA), with the European Union (EU) within the next two to three months, according to a joint statement. The Indonesian government noted that the VPA will be the first of its kind to be signed between an […]