Press release – For Immediate Release
Seattle, USA.
March 2009
Decline in global demand for forest products reduces timber prices in China,
reports WRQ
Sawlog prices in China declined for the first time in three years in the 4Q/08 because of
reduced demand...
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Press release – For Immediate Release
Seattle, USA.
March 2009
Decline in global demand for forest products reduces timber prices in China,
reports WRQ
Sawlog prices in China declined for the first time in three years in the 4Q/08 because of
reduced demand for lumber, panels and paper products both domestically and from
export markets, reports Wood Resource Quarterly.
Seattle, USA.
March 2009.
Production of forest products in China declined in the 4Q
because of reduced demand for most forest products both domestically and from export
markets.
As a result, softwood log imports were down again in the 4Q for the sixth
consecutive quarter.
Total softwood imports were 4.
2 million m3, down from 6.
5 million
m3 in the 2Q/07.
Practically all of the decrease was due to falling importation of logs
from Russia; other suppliers have actually increased their presence in China.
New
Zealand has doubled its shipments of pine logs in one year to 650,000 m3 in the 4Q.
The
market share has gone
Less