China’s plywood exports for first quarter of 2020, when compared to the same period in 2019, suffered a loss of 85% in volume and 82% in value.
News in international markets
Australia Timber Industry Rushes to Save 2020 Bushfire Damaged Logs
After one of the harshest fire seasons on record, the race is now on in Australia to harvest and store timber and forest products before they become unusable.
Brazilian Exports of Wood-Based Products Decline in March
According to the International Tropical Timber Organization, Brazilian exports of wood-based product declined year-over-year 4.4% in value in March.
Japan’s Imports of Plywood Drop in February
According to the International Tropical Timber Organization, in February, Japan’s overall year-over-year imports of plywood dropped 17%.
South Korea Announces Preliminary Decision to Place Anti-Dumping Tariffs on Vietnamese Plywood
The South Korean Trade Commission (SKTC) is reporting that it has made a preliminary decision to place anti-dumping tariffs on […]
Consumer Confidence in Australia Records Largest Fall in 47 Years
According to a survey of 1200 adults across Australia, conducted by the Westpac Banking Corp., during the week of April […]
Plyterra JSC, Added to Republic of Mordovia, Russia’s Essential Businesses List
The Government of the Republic of Mordovia, Russia has included Plyterra, JSC, in a limited list of companies that significantly […]
Russia was China’s Main Sawn Softwood Lumber Supplier in 2019
China’s main supplier of softwood lumber in 2019 was Russia. Imports from Russia increased 9% to 17.03 million cubic meters […]
European Softwood Lumber Exporters Deal with COVID-19 Pandemic in Asia and Now Europe
According to China Customs data, softwood lumber prices in China fell 13.5% to $161 per cubic meter in January and […]
Philippine Government Suspends Restrictions on Transfer of Wood and Forest Products
Philippine Department of Environment and Natural Resources (DENR) Secretary Roy Cimatu, has announced a revision to his original memorandum of […]