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UK Rising Wood Imports
British imports of sawn and planed lumber have increased in value by 33 per cent, or almost EUR 50 million in the first two months of 2014, according to the latest figures provided by Eurostat. Imports from the European Union countries, which represent more than 90 per cent of all UK softwood lumber purchases, grew…
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Funding for Canadian Forest Equipment Technology
The federal government needs to offer money, training and incentives to ensure a technological revolution in the forestry industry creates well-paid jobs at home rather than abroad, according to a new study Natural Resources Canada commissioned to find ways to support Canada’s billion-dollar forestry-equipment sector. Canada’s traditional forestry products — softwood lumber and pulp-and-paper —…
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Housing Starts, Japan
According to the Ministry of Land, Infrastructure, Transport and Tourism, Japan’s housing starts in March were 69,411 units, down 2.9 per cent from the same month in the previous year, said the Japan Lumber Journal Thursday. This marked a year- on-year reduction for the first time in 19 months. Seasonally adjusted annual rate was 896,000…
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US Housing Starts
Housing starts in the US jumped in April and building permits hit their highest level in nearly six years, offering hope that the troubled housing market could be stabilizing. The Commerce Department said Friday groundbreaking increased 13.2 per cent to a seasonally adjusted annual pace of 1.07 million units, the highest level since November 2013.…
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Containerboard Inventories
The American Forest & Paper Association and the Fibre Box Association Wednesday released April 2014 US box shipment and box plant/containerboard mill inventory data. In April, total inventories in US containerboard mills and box converting plants fell by 92,000 tons compared to the 53,900-ton 10-year average decline seen during the month of April between 2004…
