Asia & Middle East

Current trends in China imports and prices of softwood lumber

China's imports of softwood lumber from Russia from January to July decreased by 19% year-on-year, a fall [...]

50% of Vietnamese timber processing companies face the risk of bankruptcy

Over 50% of timber processing enterprises Vietnam's South have to stop operation, facing the risk of bankruptcy. The other [...]

Global shipping bottlenecks set to prolong supply chain turmoil

Tenfold jump in costs since start of pandemic squeezes importers and exporters    The closure of a [...]

India’s domestic timber demand to be driven up by huge infrastructure demand

The huge demand for infrastructure will inevitably drive a sharp increase in India's domestic timber demand.       [...]

EU exports less softwood lumber to Japan but at much higher prices

Exports of European softwood lumber to Japan reached in volume 1,110,802 cubic meters in the first half of [...]

Highest EU tropical wood imports since 2012

EU27 imports of tropical wood and wooden furniture started this year slowly in January and February but surged to US [...]

Vietnam’s wood industry paralyzed due to new coronavirus outbreaks

The ongoing coronavirus outbreaks are now threatening to bring the Vietnamese timber industry to its knees, with businesses and associations [...]

Global container freight rates expected to hit new highs

    Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse.   [...]

India could replace China as a substitute market for Australian timber

In November 2020, China claimed that harmful organisms were detected in multiple batches of logs imported from Australia. The Australian [...]

Chinese H1 log imports grow sharply, while sawn timber purchases crash

According to data released by the China customs, in the first half of 2021, a total of 31.61 million [...]