Exports of logs and lumber from the US and Canada to China reach record

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Exports of logs and lumber from the US and Canada to China are on pace to reach a record 2. 6 billion dollars in 2011, reports the Wood Resource Quarterly The... More

Global Timber and Wood Products Market Update - a news brief from Wood Resources International LLC Exports of logs and lumber from the US and Canada to China are on pace to reach a record 2. 6 billion dollars in 2011, reports the Wood Resource Quarterly The US and Canada have been exporting record volumes of logs and lumber to China in 2011. The Wood Resource Quarterly predicts that exports in 2011 will double those seen in 2010 to reach an estimated value of 2. 6 billion dollars. Lumber shipments from Canada alone could reach 1. 2 billion dollars this year. The North American share of log and lumber import volumes to China has increased from four percent in 2005 to 18 percent in 2010. Seattle, USA. Shipments of softwood lumber and logs from the US and Canada to China will reach a new record high in 2011. In 2010, the two countries exported 1. 3 billion US dollars worth of softwood products; if the pace seen in the first seven months of 2011 continues, the two countries’ exports Less