China Log Imports Set Record
China had another record year of softwood log imports in 2018, as more than 16.96 billion BF (40 million m3) of logs landed at Chinese ports, according to a report from Wood Resource Quarterly (WRQ). This was the third consecutive year of year-over-year increases, with 2018 volumes being up 37% from 2015. One trend the report noted is that during the past five years, import volumes have declined from the key supplying regions of Russia and Canada, while they have increased from New Zealand and Australia.
The largest softwood log importing countries to China in 2018 were New Zealand (43% share), Russia (19%), followed by the U.S. (12%), Australia (10%), Canada (6%) and Uruguay (5%). The report noted that Russia’s log import market share in China has been cut in half the past three years, while Japan has tripled its log exports to China.
Latest News
Scotiabank Declares Lumber Its Top Investment Pick For 2013
After four years of being the forgotten commodity, lumber is back in the spotlight, named Scotiabank’s top pick for investors for the coming year. “The investment sentiment has changed,” said Patricia Mohr, vice-president of economics…
Klausner To Proceed Building $110 Million North Carolina Sawmill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Gov. Bev Perdue announced recently that Klausner Lumber Two, a privately-owned softwood timber manufacturer, will establish a state-of-the-art sawmill in Halifax County. The company plans to create 350 jobs over the…
EACOM Timber Corporation Approves USNR To Rebuild Timmins Mill
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); EACOM Timber Corporation is pleased to announce that the Board has approved entering into an agreement with USNRKockums Cancar Inc. to rebuild the Timmins Mill. The total cost of the project…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.