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

 
 
 

34 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

1 hour ago

39-Year-Old MacArthur Winner Has Solved Some Of Graphene's Production Problems

Sep 17 2014 11:27am CDT | Source: Business Insider

The MacArthur Foundation, a private foundation that gives out grants to people excelling in their fields, named 21 MacArthur Fellows on Wednesday, awarding each individual a cash prize of $625,000 with no strings attached. Among the recipients is Mark Hersam, a 39-year-old professor at Northwestern University whose research focuses on the nanomaterial graphene. Graphene — a material made up carbon nanotubes that are bonded together into a single layer that is one at ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
10

2 hours ago

Design cos upbeat on outsourcing of medical devices manufacturing

Sep 17 2014 10:29am CDT | Source: Business Standard

Industry insiders feel focus should be on encouraging manufacturing medical devic ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
9

5 hours ago

What you need to know about North Carolina's startup investing scene

Sep 17 2014 6:55am CDT | Source: Charlotte Business Journal

127. That’s the number of companies in the technology, life science, advanced manufacturing and clean-tech sectors involved in fundraising in North Carolina during the first half of the year. Collectively, they raised $266 million by selling stocks, receiving grants and awards. The newly released Council for Entrepreneurial Development's Mid-Year Innovators Report notes 75 of those companies raised money through 78 stock deals. And it wasn’t all from North ...
Source: Charlotte Business Journal   Full article at: Charlotte Business Journal
 

 
Update
8

5 hours ago

How London became a global design studio

Sep 17 2014 6:41am CDT | Source: FT

Talented young designers have flocked to the UK in spite of its manufacturing decline. But will visa and cost of livi ...
Source: FT   Full article at: FT
 

 
Update
7

8 hours ago

World factory, back office to spur growth: China

Sep 17 2014 4:08am CDT | Source: Bridgeville Public Library

Chinese President said China's strong manufacturing base and India's scientific skills had massive potential both as a production base and for creating consumer ma ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
5

9 hours ago

'Modern slavery' in Malaysia electronics factories: study

Sep 17 2014 3:21am CDT | Source: The Standard: China's Business Newspaper

Nearly one-third of the 350,000 workers in Malaysia's electronics manufacturing sector -- a major supplier for leading global brands -- suff ...
Source: The Standard: China's Business Newspaper   Full article at: The Standard: China's Business Newspaper
 

 
Update
4

10 hours ago

Modi to welcome Chinese president in Ahmedabad shortly

Sep 17 2014 2:39am CDT | Source: HeadlinesToday.in

Keen to boost its trade ties with India, the Chinese side has already indicated that it will pledge to invest billions of dollars in India's railway, manufacturing and infrastructure projects during the Xi's visit, the third by a ...
Source: HeadlinesToday.in   Full article at: HeadlinesToday.in
 

 
Update
3

13 hours ago

De Beers’ model aims to boost sector credit

Sep 16 2014 11:25pm CDT | Source: Business Day

Company says it has developed model to underpin economic base of cutting, polishing and jewellery making segment of diamond indu ...
Source: Business Day   Full article at: Business Day
 

 
Update
2

18 hours ago

Markstein Beverage buys beer distribution from Nor-Cal Beverage

Sep 16 2014 6:26pm CDT | Source: Sacramento Business Journal

Markstein Beverage Co. of Sacramento announced it is buying the beer distribution business of Nor-Cal Beverage Co. Inc. The sale will expand Markstein’s Northern California beer distribution operations to include El Dorado, Placer, Nevada counties. Markstein currently distributes beer in Sacramento, Napa, Solano, Yuba and Sutter counties and parts of Yolo County. The sale will allow West Sacramento-based Nor-Cal to focus on its manufacturing and production business. The company makes and bott ...
Source: Sacramento Business Journal   Full article at: Sacramento Business Journal
 

 
Update
1

23 hours ago

Building products maker cements ties to Pierce County with $28M acquisition

Sep 16 2014 1:36pm CDT | Source: Seattle Business Journal

James Hardie Building Products is expanding in Frederickson, Pierce County, where the company has bought a 47-acre manufacturing plant that the company plans to expand. The global company, which makes fiber cement siding and related products, last week paid $27.9 million for the Frederickson Industrial Center, a multi-building property with 372,400 square feet of space, according to NAI Puget Sound Properties brokers Christ ...
Source: Seattle Business Journal   Full article at: Seattle Business Journal
 

 

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

Travel bans complicated Ebola fight: WHO official
Nairobi, Sep 17 (IANS) Travel prohibitions to Ebola-hit West African countries have undermined the fight against the pandemic that has claimed 2,500 lives, a World Health Organisation (WHO) official said Wednesday.
 
 
Turkish president slams New York Times over IS charges
Ankara, Sep 17 (IANS) Turkish President Recep Tayyip Erdogan Wednesday slammed The New York Times for its report claiming that Turkey is one of the major sources of recruitment of the Islamic State (IS) terrorist group, saying that some foreign media outlets are trying to depict Turkey as a country that supports terrorism.
 
 
Oxford experts test vaccine against Ebola
London, Sep 17 (IANS/EFE) Experts at England's University of Oxford Wednesday launched clinical trials of a vaccine against the Ebola virus, which has killed more than half of the over 4,700 people affected in West Africa.
 
 
Medical irregularities found in Joan Rivers' death: Report
Los Angeles, Sep 17 (IANS/EFE) The personal doctor of Joan Rivers is being investigated for the death of the popular American comedian and television host who died a week after undergoing a minor throat operation.
 
 
 

Latest from the Network

Lady Gaga's career tears
Lady Gaga burst into tears today (17.09.14) because she cannot believe how successful she has been. The 28-year-old singer took to Twitter to pour her heart out and admit she is feeling ''overwhelmed'' by what she has...
Read more on Celebrity Balla
 
Arnold Schwarzenegger and Maria Shriver's divorce to be finalised
Arnold Schwarzenegger and Maria Shriver's divorce is set to be finalized in December. The couple - who tied the knot in 1986 - split three years ago and she filed for divorce in July 2011 following revelations he had...
Read more on Celebrity Balla
 
Kaley Cuoco throws good parties
Kaley Cuoco throws the ''best parties'' of the 'Big Bang Theory' cast. The sit-com stars - Kaley, Simon Helberg, Johnny Galecki, Jim Parsons, Kunal Nayyar, Mayim Bialik, and Melissa Rauch - are close friends off screen...
Read more on Celebrity Balla
 
Craig Ferguson took acid with Peter Capaldi instead of studying
Craig Ferguson was too busy ''taking acid'' with Peter Capaldi to study. The 'Late Late Show' presenter admits he is often asked for career tips on breaking into the TV industry, but claimed he ''doesn't know'' because...
Read more on Celebrity Balla
 
Stephanie Leonidas wants to be first female Doctor Who
Stephanie Leonidas wants to be the first female Doctor Who. The 30-year-old actress has revealed that if she was to take on a role in the BBC sci-fi series, it would have to be that of the titular Time Lord himself....
Read more on Celebrity Balla
 
Chanderpaul climbs to 3rd among Test batsmen
Dubai, Sep 17 (IANS) Riding on his two match-winning knocks against Bangladesh in the second Test, West Indies' veteran batsman Shivnarine Chanderpaul leapfrogged Angelo Mathews and David Warner to be positioned third...
Read more on Sport Balla
 
Apple Watch Could Cause More Road Accidents In the UK
The Apple Watch can be trendy and fashionable, but might be not very safe to use while driving, as an organization states that the device can cause major distractions, which might lead to serious road accidents.The...
Read more on Apple Balla
 
Ukraine government to verify 1 mn civil servants' loyalty
Kiev, Sep 17 (IANS) One million civil servants in Ukraine will be screened for their loyalty to the new government, Prime Minister Arseniy Yatseniuk has said. The parliament passed a new law Tuesday, allowing the...
Read more on Politics Balla
 
Five arrested in France on suspicion of recruiting jihadis
Paris, Sep 17 (IANS) French Interior Minister Bernard Cazeneuve Wednesday announced the arrest of five suspected recruiters for jihad in Syria as part of the government's plan against terrorism and recruitment drive...
Read more on Politics Balla
 
Hamas, Fatah await Egypt response for renewed dialogue
Ramallah, Sep 17 (IANS) Palestinian President Mahmoud Abbas's Fatah Party and the Hamas movement are awaiting Egypt's response on a proposed session of internal dialogue between the two Palestinian rivals in Cairo,...
Read more on Politics Balla