Forest Products BIB

The Forest Products Association of Canada (FPAC) is pleased that Prime Minister Stephen Harper has highlighted the exceptional growth of Canadian lumber exports to China.  The industry recognizes the important partnership role the federal government has played in its success in China through...

Forest acquired in January from private forests 2.6 million cubic meters of wood. In January, the purchased amount of trees felled by storms was estimated at 1.5 million cubic meters. Storm damage was very localized and do not have a significant impact on the industry's annual use of wood. The...

(MoneyMorning, Feb 1, 2012) - Chances are you've never considered timber stocks in your investing strategy. But if that's the case, then you've been missing out. Timber is a long-term investment that can reward your portfolio in good times, and protect it in bad.

The Honourable Joe Oliver, Minister of Natural Resources, today addressed representatives of Canada’s forest industry at a luncheon speech at PaperWeek 2012 in Montreal. The Minister highlighted the importance of partnerships, innovation and market expansion to the future of Canada’s...

Reduced activities in the housing construction sector in China decreased importation of softwood logs and lumber in late 2011, reports the Wood Resource Quarterly. Despite the decline in the 4Q, total imports during 2011 reached a record high, making China the largest importer of logs and lumber in...

Sabah Timber Industries Association (STIA) said the timber industry here is facing a shortage of raw material due to over logging in the past and lack of sustainable forest management program. In a statement yesterday in conjunction with this year’s Chinese New Year celebration, STIA...

With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the Wood Resource Quarterly (WRQ). The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09. With a few exceptions, prices fell in both local...

New regulations banning sale of illegal timber in consumer countries will force companies to move away from business-as-usual practices, part of a two-pronged approach to ensure the sustainability of supply for wood products.

Over the past few decades, tropical timber production in many Asia–Pacific countries has been akin to the symmetric logistic distribution curve, or ‘Hubbert Curve’, observed in the exploitation of many non-renewable resources—a rapid increase in production followed by a peak...