360° Coverage : Global Trade of Softwood Lumber in 2013 to Reach Its Highest...

11 Updates

Global Trade of Softwood Lumber in 2013 to Reach Its Highest Level in Five Years

Jan 22 2014, 2:02am CST | by

With demand for lumber being in recovery mode in a number of countries in the world in 2013, global trade of both lumber and logs were on track to reach their highest levels since before the global financial crisis in 2008, reports the Wood Resource Quarterly. The biggest increases in overseas lumber trade have been from Canada to China and from the Nordic countries to Japan.

Seattle, WA, January 22, 2014 --(PR.com)-- Global trade of both logs and softwood lumber was higher in 2013 than it was in 2012 with both products reaching their highest levels traded since...

Filed under: news

YouTube Videos

 
 
 

43 weeks ago

Global Trade of Softwood Lumber in 2013 to Reach Its Highest Level in Five Years

Jan 22 2014, 2:02am CST | by

With demand for lumber being in recovery mode in a number of countries in the world in 2013, global trade of both lumber and logs were on track to reach their highest levels since before the global financial crisis in 2008, reports the Wood Resource Quarterly. The biggest increases in overseas lumber trade have been from Canada to China and from the Nordic countries to Japan.

Seattle, WA, January 22, 2014 --(PR.com)-- Global trade of both logs and softwood lumber was higher in 2013 than it was in 2012 with both products reaching their highest levels traded since before the global financial crises in 2008, as reported in the Wood Resource Quarterly (WRQ). The total value that was traded in 2013 was estimated to be over 50 billion dollars (based on data for the period January-October), with almost two-thirds of the value being that of softwood products. Although shipments of logs have increased faster than shipments of lumber the past five years, the total value of traded lumber is still more than double that of logs.

Softwood lumber is, by far the most commonly shipped wood product worldwide and the US continues to be the major destination for internationally traded lumber, with Canada currently supplying almost 96% of all imports to the country. Lumber shipped by break-bulk vessels or by container ships accounted for more than half of the total volume of lumber traded in the world in 2013. The largest overseas trade flows were between Canada and Asia, followed by shipments from Sweden to the United Kingdom and Northern Africa (see detailed trade data in the latest issue of the WRQ).

The biggest changes in overseas lumber trade in 2013 have been a continued increase in exports from the Nordic countries to Asia (mainly Japan) and from North America (mainly Canada) to China, while there has been a decline in trade within Europe and in shipments from most supplying countries to Northern Africa, according to the WRQ (www.woodprices.com). The unrest and uncertain political situation in Egypt has left supplying sawmills searching for alternative markets and many lumber companies in Europe and Russia have found new opportunities for increased sales in Asia over the past 12 months.

There has been an unprecedented increase in demand for softwood lumber in Asia the past few years, with the three major importing countries: Japan, China and South Korea together importing more than twice as much lumber in 2013 as compared to five years ago.

With a strengthening lumber market in the US it is likely that Canadian sawmills in the western provinces may redirect some of their current shipments that are currently going to Asia into the American market in the coming year. As a consequence, opportunities would rise for European and Latin American lumber producers to expand exportation to both Japan and China.

Global sawlog, pulpwood and timber market reporting is included in the 52-page quarterly publication Wood Resource Quarterly (WRQ). The report, established in 1988 and with subscribers in over 30 countries, tracks sawlog, pulpwood, lumber and pellet prices, trade and market developments in most key regions around the world. To download a sample copy of the WRQ, please go to www.woodprices.com

Contact Information:
Wood Resources International LLC
Hakan Ekstrom
425-402-8809
Contact via Email
www.woodprices.com

Read the full story here: http://www.pr.com/press-release/538276

Press Release Distributed by PR.com

Source: PR.com

 
Update
11

3 weeks ago

North East Nissan plant helping the UK back to its 1970s heyday in car manufacturing

Nov 5 2014 12:30am CST | Source: Ne.Business.co.uk

Report to be launched in the House of Lords highlights "remarkable" North ...
Source: Ne.Business.co.uk   Full article at: Ne.Business.co.uk
 

 
Update
10

3 weeks ago

Heritage House to shutter Hickory-area furniture factory, move 255 jobs

Nov 4 2014 1:56pm CST | Source: Charlotte Business Journal

As many as 255 employees will lose their Hickory-area furniture jobs as Heritage Home Group consolidates much of its manufacturing to nearby Lenoir. It's a part of a larger plan by Heritage Home to reorganize both its manufacturing and administrative offices after the bankruptcy of the former Furniture Brands International in late 2013. Since then, private-equity firm KPS Capital Management bought its assets. But Heritage Home as been tight-lipped about details of its ...
Source: Charlotte Business Journal   Full article at: Charlotte Business Journal
 

 
Update
9

3 weeks ago

Liam Casey: 'From Beats Headphones to Apple Kit, if You Can Imagine it We Can Build it'

Nov 4 2014 12:35pm CST | Source: IBTimes World

From giants like Apple and Beats to unknown startups, PCH and Liam Casey are driving a manufacturing ...
Source: IBTimes World   Full article at: IBTimes World
 

 
Update
8

3 weeks ago

San Antonio-Mexico delegation to explore binational economic opportunities

Nov 4 2014 10:05am CST | Source: San Antonio Business Journal

Leaders from San Antonio and Mexico will travel to Corpus Christi next month to discuss joint economic opportunities in the energy sector on both sides of the border. The December gathering has been spearheaded by the Asociación de Empresarios Mexicanos San Antonio's Binational Energy Committee. The talks have been spurred, at least in part, by energy reforms in Mexico and the foreign direct investment in energy and manufacturing occurring in S ...
Source: San Antonio Business Journal   Full article at: San Antonio Business Journal
 

 
Update
7

3 weeks ago

Vertellus buys fine chemical maker Pentagon Chemicals

Nov 4 2014 9:15am CST | Source: Business Standard

The acquisition significantly expands Vertellus' manufacturing presence in the agrochemical and pharmaceutical sectors, significantly boosting life scienc ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
5

3 weeks ago

Food banks side with NDP in debate over child care versus tax benefits

Nov 4 2014 8:39am CST | Source: Canadian Business Online

OTTAWA – Canadian food banks are wading into the hot political debate over how best the federal government can help families with kids: give them tax breaks, as the Conservatives are doing, or invest in regulated child care, as the NDP proposes. In its annual HungerCount report, Food Banks Canada comes down squarely on the side of the NDP. It says the use of food banks remains 25 per cent higher than it was before the devastating global recession in 2008 and that 37 per cen ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
4

3 weeks ago

Simpolo ties up with Italy's Emil Ceramica for new plant in Morbi

Nov 4 2014 6:52am CST | Source: Business Standard

Simpolo Vitrified (P) Ltd. of Morbi entered into a joint venture with Italian ceramic tiles maker Emil Ceramica on Tuesday to set up a greenfield tiles manufacturing facility at Morbi with an annual capacity of approximately 3.5 mil ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

3 weeks ago

Global markets roundup, 4 November

Nov 4 2014 3:10am CST | Source: MoneyWeek

In yesterday's markets, the FTSE 100 fell back after poor manufacturing data from the eurozone. The index closed down 0.9% at 6,487.The post Global markets roundup, 4 November was first publi ...
Source: MoneyWeek   Full article at: MoneyWeek
 

 
Update
2

3 weeks ago

Food banks side with NDP in debate over child care versus tax benefits

Nov 3 2014 11:06pm CST | Source: Canadian Business Online

OTTAWA – Canadian food banks are wading into the hot political debate over how best the federal government can help families with kids: give them tax breaks, as the Conservatives are doing, or invest in regulated child care, as the NDP proposes. In its annual HungerCount report, Food Banks Canada comes down squarely on the side of the NDP. It says the use of food banks remains 25 per cent higher than it was before the devastating global recession in 2008 ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
1

3 weeks ago

Brazil Car Sales Drop Indicative Of Economy's Slide

Nov 3 2014 9:27pm CST | Source: Forbes Real Time

For now, Brazilian manufacturing sector has to grin and bear economic weak ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Life-saving bacteria found in turkeys
New York, Nov 26 (IANS) The biological machinery needed to produce a potentially life-saving antibiotic is found in turkeys, researchers have found.
 
 
India to give business visa for 3-5 years for Saarc: Modi
Kathmandu, Nov 26 (IANS) Prime Minister Narendra Modi Wednesday said India will give business visa for three to five years for Saarc countries and called for making procedures simple and facilities better.
 
 
Save money on 'Twitter Offers'
New York, Nov 26 (IANS) Micro-blogging site Twitter has launched a new feature where retailers will tweet special offers that can be used to get money back on certain purchases.
 
 
3D printer creates first object in space
Washington, Nov 26 (IANS) The 3D printer at the International Space Station (ISS) has created the first printed object in space - a part of the printer itself - paving the way to future long-term space expeditions.
 
 
 

Latest from the Network

Susan Boyle: Catholic upbringing has made me single
Susan Boyle blames her single status on her Catholic parents' ''coded behaviour''. The 'Wild Horses' singer has revealed her mother and father's strong Christian beliefs have affected the way she approaches romantic...
Read more on Celebrity Balla
 
Black Friday looks good for Kohl’s
Kohl’s has released their Black Friday 2014 advertisement flier. The big draw to Kohl’s for this year’s version of Black Friday is that the company will have over 500 deals in store. Kohl’s will start their Black...
Read more on Black Friday Countdown
 
Jennifer Aniston felt 'uncomfortable' filming Horrible Bosses 2
Jennifer Aniston felt ''uncomfortable'' filming scenes for 'Horrible Bosses 2'. The 45-year-old actress has admitted to feeling a little uncomfortable as she filmed some sexually provocative scenes with some extras for...
Read more on Movie Balla
 
Technology looks to have big Black Friday
Black Friday 2014 will be no different than any other as every retailer will go out of their way to advertise their tech deals. Some of these deals are certainly bargains but these days with companies like Amazon and...
Read more on Black Friday Countdown
 
Modi raises terrorism at Saarc on Mumbai attack anniversary
Kathmandu, Nov 26 (IANS) Prime Minister Narendra Modi Wednesday recalled the horror of the 2008 Mumbai terror attack at the Saarc summit and stressed on the need to combat "terrorism and trans-national crimes". "Today...
Read more on Politics Balla
 
India to give business visa for 3-5 years for Saarc: Modi
Kathmandu, Nov 26 (IANS) Prime Minister Narendra Modi Wednesday said India will give business visa for three to five years for Saarc countries and called for making procedures simple and facilities better. "India will...
Read more on Politics Balla
 
Pakistani PM calls for dispute free South Asia
Kathmandu, Nov 26 (IANS) Pakistani Prime Minister Nawaz Sharif Wednesday called for a dispute free south Asia and stressed on building "bonds of trust" during his address at the Saarc Summit here. Sharif stressed a...
Read more on Politics Balla
 
Save money on 'Twitter Offers'
New York, Nov 26 (IANS) Micro-blogging site Twitter has launched a new feature where retailers will tweet special offers that can be used to get money back on certain purchases. Called "Twitter Offers", the new...
Read more on Business Balla
 
Two ex-Pentagon officials in running to succeed Hagel
Washington, Nov 26 (IANS/EFE) Two former Pentagon officials, Ashton Carter and Michele Flournoy, seemed the likeliest candidates to succeed Chuck Hagel as head of the US defence department and direct the military...
Read more on Politics Balla
 
Richard Verma's confirmation hearing as India envoy set for Dec 2
Washington, Nov 26 (IANS) The Senate Foreign Relations committee has scheduled the confirmation hearing of Indian-American Richard Rahul Verma, President Barack Obama's nominee to be US Ambassador to India, on Dec 2....
Read more on Politics Balla