According to the report from the Japanese Ministry of Finance, Japan softwood lumber imports increased by 23 percent year-on-year to 1,856 thousand cubic metres for the year to June – with global importers now commanding the world’s highest prices ($353 per cubic metre), more than compensating for the higher costs faced by European and North American timber mills.
Read more...A mix of higher volumes and better pulp prices explained the result. China captured 36.5 percent of shipments, according to elmercurio.com.
Read more...The annual rate of inflation based on the India Wholesale Price Index (WPI) was 3.36 percent in June 2024. The positive rate of inflation was primarily due to increase in prices of food, manufactured food products, crude petroleum and natural gas, mineral oils and other manufacturing. The index increased to 141.9 in June 2024 up from 141.7 for May, 2024.
Read more...In the first five months, Austria exported 2.5 million m3 of softwood lumber (incl. planed timber) and thus 8 percent more than last year. Smaller volumes of lumber were sold to Germany and Slovenia, while marked increases were recorded in exports to Japan and Romania, reported from Global Wood Trade Network.
Read more...In the first half of 2024, Canada’s lumber exports to the United States rose by 3 percent compared to the same period last year. Export volume reached 14.7 million m3, while the value of these exports increased by 7 percent to $2.95 billion, according to new Statistics Canada data.
Read more...According to Global Wood Trade Network, industrial timber prices in Poland continued to fall significantly for all assortments in the second quarter of 2024 compared to the previous quarter. The price of pine fell by 3 percent compared to the previous quarter to € 52.10 per cubic metre, while spruce was also 3 percent cheaper at € 52.10 per cubic metre.
Read more...In April 2024, Canadian sawmills produced 4,557 thousand m3 of lumber, marking a 3.6 percent increase from March, according to the new data of the Statistics Canada. However, lumber shipments decreased by 2.7 percent to 4,210 thousand m3 during the same period, according to Statistics Canada.
Read more...Ghana’s timber manufacturing industry is on the decline, and hundreds of employees risk losing their jobs as a result, reported from yen.com.gh.
Read more...According to data recently released by China's General Administration of Customs, China imported 32.769 million cubic metres of timber in the first half of the year, down 5.3 per cent compared with the same period last year. The trade value was $6.85 billion, down 5.1 per cent year-on-year.
Read more...According to ITTO, US imports of sawn tropical hardwood rose 13 percent in April. Notable gains were made in imports from Brazil (up 35%), Cameroon (up 125%), and Ghana (up 120%). Imports from Malaysia and Cote d’Ivoire both fell substantially for the month.
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