Sales of framing lumber kicked into gear late Wednesday. After a weak close to the March futures contract on Monday, gains in the May contract were one catalyst for the increased activity in cash...
Over the period 16th – 28th Feb, prices for logs were
relatively stable. However Greenheart standard sawmill
quality logs and Purpleheart fair sawmill quality logs
recorded price increases...
Peru’s Minister of Foreign Trade and Tourism, Martin
Perez has reportedly said that while the Peru/EU FTA is
due to be signed in May this year, the agreement would
only become effective in two years time...
The regional office of the Brazilian Institute of
Environment and Natural Resources (IBAMA) in Pará has
identified over 150 ‘ghost’ companies trading timber and
other forest products...
Indonesia, together with Australia, has launched an A$30
million reforestation project in Sumatra in a bid to address
greenhouse gas emissions and introduce a carbon-trading
scheme under the REDD programme...
Exports of Malaysian furniture are expected to reach
RM10 billion for the current year according to the
Malaysian Deputy Plantation Industries and Commodities
Minister...
Data available from the Timber Industry Development
Division of the Forestry Commission (TIDD) indicates
that contracts for a volume of 94,369 cubic metres (down
17% Qtr on Qtr) and 2,475 pieces of furniture parts were
processed and approved for export during the fourth
quarter of 2009...
Although details of the log export ban in Gabon have not
yet been totally finalised, the log markets have remained
remarkably calm. The prospect of the loss of such a major
player from the log market has not resulted, as yet, in
noticeable price movements for logs...
