U.S. lumber prices to spike as a tight U.S. supply/demand balance starts to emerge The North American lumber market is poised to take-off due to recovering U.S. housing starts, improving repair and remodelling activity, and surging demand in China. While the timing is probably the only question, increased price volatility is already a reality where […]
Proposed Russian log export tax reductions rattle many log and lumber exporters Russia’s surprise move to reduce or eliminate log export duties has caught many industry players and traders by surprise and off guard. Most industry observers were more focused on when the log export tax on softwood logs would be increased towards 80% and […]
Tight wood supplies in China creating major opportunities for BC and Russian lumber exporters Five-year outlook report estimates that China will need to double its lumber imports by 2015 to meet domestic demand. BC and Russia are considered to be the two biggest winners as China’s ongoing demand for lumber imports continues to expand …. […]
Wood Deficit in China to Create Major Opportunities for Pacific Rim Exporters Big Winners expected to be BC and Russian Lumber, and New Zealand and West Coast North America logs. New five-year outlook report quantifies China’s growing demand for imported wood and shows how tight supplies will drive prices higher for exporters …. read more.