Official data from China’s National Bureau of Statistics (NBS) reveals that new home prices in 70 of China’s major cities continued to cool in November.
News in international markets
Independent Panel Finds Ukraine’s 2015 Ban of All Unprocessed Wood into the EU Illegal
Panel rules Ukraine’s ban of unprocessed wood exports violates EU-Ukraine bilateral trade agreement.
Trade Tensions Between Australia and China Continue to Increase
The tension between Australia and China moved another notch higher with an official notice from China’s Customs Authority on 12/3, which notified Australian exporters that they had detected a pest (with no further specifics) in shipments of logs from South Australia and Tasmania and would therefore not accept any additional shipments from those areas.
U.S. Export of Wood Pellets Tops 6.03 Metric Tons\$820.05 Million in First Ten Months of 2020
According to data released by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, on December 4th, the U.S. exported 624,202.9 metric tons of wood pellets in October, up from both 608,046.6 metric tons in September and 550,094.5 metric tons in October of 2019.
Timberlink to Construction a new Cross Laminated Timber Facility Alongside Their Sawmill in Tarpeena
Timberlink, the Australian timber products manufacturing business, owned by investment funds managed by New Forests, has announced that they will begin construction in 2021, on a $ 59 million state-of-the-art softwood cross laminated timber (CLT) plant to be located alongside its recently upgraded softwood sawmill at Tarpeena.
State of Victoria Australia Forestry Workers Rally to Fight Proposed Ban on Native Logging
Stalled by the COVID-19 pandemic, union forestry workers in the southeastern state of Victoria (Vic) Australia are once again back rallying to fight the proposed ban on native logging allocations scheduled to begin in 2024, with no native logging permitted by 2030.
Biggest Forestry Deal in the “Green Triangle” Region of South Australia since 2012 is Taking Shape
In what is shaping up to be the biggest forestry deal in the “Green Triangle” region since South Australia privatized its forestry assets in a $670 million deal in 2012.
China’s Ban on Australian Timber and other Products is Taking its Toll on Green Triangle Region and its Seaport Economy
The recent shipment ban put into place by China on Australian timber (logs), coal and other agricultural and seafood products is already having a significant impact on the Green Triangle region and its seaport economy.
Arbor Forest Products U.K. Expanding its North Lincolnshire Premises with Advanced Planning Line
Arbor Forest Products, a leading timber importer and timber products manufacturer has announced that it is investing £6 million in expanding its North Lincolnshire premises to incorporate what is set be one of the most advanced sawmill planning lines in the UK.
New Best Wood Schneider Sawmill in Messkirch Germany to Feature Valutec OTC Continuous Kilns
Best Wood Schneider has announced they are investing approximately 80 million Euros in a greenfield sawmill project in Messkirch Germany. When completed in early 2022, the mill will be one of Europe’s most modern sawmills with an annual capacity of 200,000 m3 or 85,000 MBF of sawn lumber.