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Softwood logs dominate at Taicang port – Log imports through Taicang Port in Jiangsu Province totalled 7.85 million cubic metres in 2018 and were valued at US$1.2 billion. Of the total, 98% were softwood logs, mainly imported from New Zealand (39%), Canada (19%), USA (13%) and Russia (10%). The main softwood log species were radiata[…]

Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of 22.3 million tons was shipped, according to the North American Wood Fiber Review. The five major pellet exporting countries (the US, Canada, Vietnam, Latvia, and Russia) have remained the top exporters for over five years. They accounted for[…]

Lumber prices in North America continued their decline from the 3Q/18 with another quarter of substantial reductions. Average lumber prices for southern yellow pine were down 12% quarter-over-quarter in the 3Q/18, which was then followed by a reduction of 17% in the 4Q/18. With practically no change in log or chip prices, gross margins, and[…]

Over 22 million tons of wood pellets were shipped globally in 2018, up 21% from 2017. The US, Canada, Vietnam, Latvia and Russia, accounted for 69% of global exports in 2018, reports the North American Wood Fiber Review Global trade of wood pellets jumped more than 21% year-over-year in 2018 when a new record of[…]

Softwood lumber prices have generally fallen faster than the costs for sawlogs throughout the world in late 2018, resulting in lower margins for the sawmilling sector, according to the WRQ. In western US and western Canada, margins fell to unprofitable levels and many sawmills in the region curtailed production in late 2018 and early 2019.[…]

Logset Oy will establish a subsidiary named Logset Inc. in Ottawa, Ontario, Canada in May 2019. The new office base will offer sales help and technical support to Logset dealers based in North and South America, Japan and Australia. Through Logset Inc., the company can work in the same time zone as the dealers. In[…]

In January-February 2019, Canada increased its lumber exports to China by 65% to 906 thousand m3, according to Woodstat. Ukraine has become the fourth largest supplier of lumber to China, beating the exports from Sweden, Germany, Chile and the United States. Lumber exports from Ukraine to China grew by 223% to 152 thousand m3. Russia[…]

China is continuously exploring new sources of softwood logs around the world. Minor log exporters, such as Japan, Poland, Chile and South Africa all expanded their shipments to China in 2018, reports the WRQ. Of the major log supplying countries, only Russia and Canada reduced their exports to China, while New Zealand, the US and[…]

In 2018, global trade of lumber fell for the first time in five years, with total trade down 7% year-over-year. The four largest importing countries, the US (-18%), China (-5%), the United Kingdom (-13%) and Japan (-6%) all imported less in 2018 than in the previous year. Much of the decline was the result of[…]

In 2018, Logset Oy’s turnover grew to a record level of 40.128 million euros (2017: 30.922 million euros) and the operating profit to 1,671 million euros (2017: 0,935 million euros). During the past year, the demand for Logset products remained high in Europe. The strongest growth, however, came from the Russian and South American markets.[…]