At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded at the Riga port company “KS Terminal”. The 200-meter-long bulk carrier “Kambos” left Riga sailing to the port of Houston in the USA with 20,000 m3 of wood particle boards, which were made at the Latvian plant of the company “Kronospan”, Freeport of Riga says in a press release.

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China's Customs Tariff Commission of the State Council declared that tariffs have been reduced on certain products imported into China beginning January 1, according to the Decorative Hardwoods Association.

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According to The Star, Malaysia’s plywood export prices to key Japan market have firmed up due to tight supply of logs for manufacturing activities and shortage of containers to ship the product.

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Of the world’s remaining forests, only 40 percent are intact, with high ecological integrity, according to data from the newly developed Forest Landscape Integrity Index, the first of its kind to measure the state of forests on a global scale.

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According to LBM Journal, during the first ten months of 2020, US importation of overseas softwood lumber was 39 percent higher than during the same period in 2019. A report by Wood Prices International says that by year-end, 2020’s import volume will likely be close to 4.7 million cubic meters, the highest level in 15 years.

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According to ITTO, total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.48 billion between January and October last year, 12 percent less than in 2019.

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British designer and manufacturer of kitchen cabinets Daval has revealed the latest lifestyle trends it predicts will influence and inspire the shape of kitchen design in 2021.  

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The American Forest & Paper Association (AF&PA) has released its November 2020 Containerboard Monthly report. According to the report, total containerboard production in November increased two percent compared to November 2019. It was up four percent when compared to the same 11 months of 2019.

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According to Madison’s Lumber Reporter, prices of softwood lumber continued to rocket upwards amid acute supply shortages. 

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The UK imported 83,500 cu.m of tropical hardwood faced plywood from China in the first nine months of this year, 47% less than the same period last year (Chart 7). UK imports of plywood from China ground to halt earlier this year when China went into lockdown, reported by Global Wood Trade Network.

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