The US exported 720,209.2 metric tons of wood pellets in April. This is down from 909,781.1 metric tons in March but up from 659,071.0 metric tons in April 2022. The UK was the top destination.
News in international markets
New Zealand Government to Invest in a More Sustainable, Lower Impact Forestry Industry
New Zealand’s Forestry Minister Penni Henare announced that the government is making a start on a more sustainable forestry industry with investments into a bioenergy plant, research into biomass, and better forestry practices.
Brazilian Exports of Wood-Based Products Declined Month-Over-Month and Year-Over-Year in April
In April 2023, Brazilian exports of wood-based products (except pulp and paper) declined 29.0% in value compared to April 2022, from US$470.2 million in April 2022 to US$336.1 million in April 2023.
Russian Timber Exports Continued to Decline in Q1 2023
Foreign sales of Russian timber have continued to decline in the first quarter of 2023, dropping by over 20 percent […]
UPM Fibers Preparing for Temporary Production Adjustments at the Kaukas Pulp and Sawmill and Wood Reception Facility
On Monday (5-29-23), Finnish forest industry company UPM-Kymmene Oyj, announced that its UPM Fibers business area began consultation with employee […]
Australia’s State of Victoria Announces End to Native Logging by The End of 2023
Australia’s State of Victoria has announced that native logging in Victorian forests will end sooner than originally planned, according to Sky News. The original plan—announced in 2019—would phase out logging in 2030; however, the new timeline will end native logging by the end of 2023.
Chinese Custom Officials Report Imported Logs Declined in Volume and Value in Q1
China’s log imports in Q1 totaled 9.27 million cubic meters, valued at $1,606 billion (USD), which is down 7% in volume and 18% in value when compared to 2022Q1. The average price for imported logs was US $173 (CIF) per cubic meter, down 12% from the same period last year.
China Lifts Ban on Australian Timber Imports
According to ABC News, China’s Ambassador to Australia said Australian timber exporters had satisfied China’s quarantine concerns, and China has reopened its door to Australian timber imports for the first time in more than two years.
Belarus to Sell More Sawn Timber to China via the Belarusian Universal Commodity Exchange
The Belarusian Universal Commodity Exchange has told the Belarusian Telegraph Agency, the country’s state-owned news agency, that it intends to ship more Belarusian sawn timber products to China.
Metsä Board Announces Plans for Temporary Layoffs in Finland
Metsä Board, part of Metsä Group, will initiate negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of 1,100 employees at seven mills.