Nov 24, 2012
In late 2011, Brazil and Chile sent the first chip vessels to pulp mills in China in over five years. In the past, Japan had been the major destination for Latin American Eucalyptus chips and is likely to continue to be the major destination.
Oct 10, 2012
The expansion of wood pellet capacity in the US South the past few years has enabled the US to export more pellets than Canada, making the US the largest exporter in the world in 2012.
Oct 07, 2012
The costs of wood fiber for pulp mills throughout the world fell in the 2Q/12 to their lowest levels in over a year, reports Wood Resource Quarterly. The greatest declines were in Brazil, Australia, Russia, Spain and US northwest, and Eastern Canada.
Sep 29, 2012
Both Japan and South Korea intend to reduce the consumption of fossil fuels. As a consequence, both countries will increase their importation of wood pellets and energy chips from other countries in Asia and from North America in the coming years.
Sep 17, 2012
Increased demand for lumber in the US and higher exports to China resulted in higher lumber prices in 2012. Log prices have moved up in Interior BC 2Q/12 y-o-y, while falling in Western US and remaining unchanged in the US South, reports the WRQ.
Sep 06, 2012
Wood costs have fallen the past year for many sawmills in the major lumber-producing countries worldwide. The Global Sawlog Price Index was US$82.90 per cubic meter in the 2Q/12, which was 11.5% lower than in the 2Q/11, says Wood Resource Quarterly.
Sep 01, 2012
Timber harvests in BC plunged by over 40% between 2005 and 2009, but have since recovered somewhat. As a consequence of the infestation of the pine beetle, long-term log supply is estimated to be about 20% below historical levels.
Aug 26, 2012
Prices for chips have trended downward in the US and Canada during the 1H/12, reports NAWFR. The biggest declines came in BC and Alberta. Chip prices in the US South, the Lake States and the Northeast experienced only minor price adjustments.
Aug 08, 2012
Reduced global demand for lumber has resulted in a reduction in the Global Sawlog Price Index by almost nine percent in 12 months, as well as a recent decline in the global trade of logs, as reported by the Wood Resource Quarterly.
Aug 08, 2012
The slowing economy in China has reduced the importation of logs from New Zealand, Russia and the US by 15% during 1H/12. Prices for imported and domestic softwood logs in China have fallen this year by 14% and 10%, respectively as reported by WRQ.