News in international markets


China Suspends the Importation of Timber from Australia

Ties between China and Australia began to fray in early April and the friction between the two countries continues to heat up. On Monday (11/2), China’s foreign ministry confirmed that China had suspended imports of timber from the Australian state of Queensland, noting that since January, Chinese customs has detected several cases of live pest in timbers imported from the region.

Forest Products Association of Canada Offer Ideas on How Forestry Can Help Canada’s Economic Recovery

On Tuesday (11/3) the Forest Products association of Canada (FPAC) appeared before the House of Commons Standing Committee on Natural Resources to speak with Members of Parliament about how the forest sector workers and communities can work with the government to advance Canada’s economic recovery and help grow a lower carbon economy for the future.

European Lumber Exports Continue to Grow

European lumber exporters continue to expand their overseas sales markets. Growing them over the past ten years from 30% to 45% and with a fifth of total export production in 2020 going to Asia. Traditionally most of the shipments went to neighboring countries on the continent and about 20% being shipped to the Middle East\Northern Africa, the US and Japan.