According to the report from the U.S. Decorative Hardwoods Association, in the first four months of this year, total imports of hardwood plywood fell by 65 percent in volume and by nearly 70 percent in value vs. last year. Imports of hardwood plywood declined in every one of the top 10 countries except Ecuador.
Read more...According to Global Wood Trade Network, the UK imported US$140 million of tropical wood furniture products in the first four months of 2023, which is 54 percent less than the same period last year. In quantity terms, wood furniture imports were 37,100 tonnes during the four- month period, 40 percent less than the same period last year.
Read more...According to Global Wood Trade Network, at the end of 2020, China banned the importation of plantation pine logs from Australia, stating that bark beetles had infected the logs. This decision resulted in a collapse of Australian exports as China was practically the only log market being served. As a result, total shipments from Australia fell from over 3.5 million m3annually during 2016-2020 to less than 400,000 m3 in 2022.
Read more...According to vietnamplus.vn, Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60 percent since the beginning of this year, pushing firms to cut off at least half of their production capacities.
Read more...The zero-energy building, which is billed as Asia’s largest mass timber building, takes the form of two six-storey curving rectangles that are joined at multiple points. It consists mainly of sustainably sourced cross-laminated timber and glued laminated timber, or glulam, stiffened by a concrete core.
Read more...The U.S. International Trade Commission determined that revoking current antidumping and countervailing duties on hardwood plywood from China would have negative consequences, reported from Floordaily.
Read more...The participating exhibitors at the Dubai International Wood and Woodworking Machinery TradeShow, taking place until 9 March at the Dubai World Trade Centre, showcased the latest trends, technological innovations, wood products, alternative raw materials, and production scenarios in the wood and woodworking industry, reported from zawya.com.
Read more...According to dw.com, the climate impact of wood-burning is contested. The EU officially counts wood and other biomass as carbon neutral, based on the premise that CO2 emitted through burning will be reabsorbed by more trees in the future. But the European Academies Science Advisory Council says scientific study suggests the trend to replace coal with wood pellets as a means of generating electricity actually increases “atmospheric levels of carbon dioxide for substantial periods of time."
Read more...Although timber prices fell in the fourth quarter of last year, timber market surveys show that the price of firewood remains relatively high, according to news.err.ee.
Read more...According to Madison's Lumber Reporter, despite somewhat soft demand, as many customers weren’t sure where prices were going so waited to buy, lumber prices popped up again in mid-February. This due mostly to ongoing capacity restrictions, especially in the important timber supply basket of British Columbia.
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