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Resolute Forest Products Inc. is reporting a very strong second quarter as net income soared on a near doubling of revenues as prices reached record highs...
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What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm for four weeks while most other species’ prices fell, the price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr fell a not unexpected -$260, or -27%, to end last week at a still-high U.S. $700 mfbm (net FOB sawmill)...
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In the second half of 2015, the average roundwood purchase prices in Latvia have continued their downward trend. According to data compiled by Latvia’s Central Statistical Bureau (CSB), the sharpest fall in the softwood segment was recorded in purchase prices for spruce logs (diameter up to 14 cm), while in the hardwood segment– in the purchase prices of black alder logs (with a diameter over 24 cm)
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According to the latest data of the Latvian Central Statistical Bureau (CSB) the average roundwood purchase prices in Latvia, showed a slight decrease in the 1st half of 2015 as compared to the 2nd half of 2014. Among coniferous tree sawlogs the greatest drop was recorded in purchase prices of pine sawlogs with diameter of 18 - 26 cm - 9% or on average 6 EUR/m3 without VAT, and in purchase prices of spruce sawlogs with diameter over 26 cm - 7%, which is 5 EUR/m3 without VAT
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During the second half of 2014 the average cost of birch veneer logs in Latvia was up 13 per cent compared to the first six months of the year. On average, Latvian category A veneer logs cost €86.56 per cubic metre during this period.
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The average purchase prices of round timber in the 2nd half of 2013 as compared to the 1st half of 2013 show modest but stable increase. In the 2nd half of 2013 the average purchase prices of coniferous tree sawlogs have increased on average by 2% or by 1-3 €/m3 for spruce and pine sawlogs (as compared to the 1st half of 2013). Birch sawlog purchase prices remained at the previous level - 49-59 €/m3. Black alder and aspen sawlog sector witnessed a slight purchase price growth of up to 2%...
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Sarawak log exporters are saying that market sentiment is uncertain as some log buyers are waiting to see if the Indonesian authorities decide to allow the export of plantation logs.
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Analysts report that demand in the main export markets remains weak but that there are signs of increased buyer interest in Europe and that, after a quiet spell, Indian buyers have become more active.
[Mais... ]
Tan Chin Huat, chairman of the Malaysian International Furniture Fair (MIFF) said that exhibitors at last months’ fair reported record orders of RM2.63 billion (approximately US$854 million)...
[Mais... ]
Preliminary figures for Malaysian timber exports in 2012 suggest they totalled RM 19.9 billion (approximately US$ 6.3 billion) however, the statistics are still being finalised...
[Mais... ]
As the Chinese New Year holidays approach the timber industries in Malaysia are beginning to wind down production and prepare for a shut down from the first week in February. Sawmills, especially in Peninsular Malaysia, will shut for an extended break in early February...
[Mais... ]
Industries close to welcome Chinese Year of the snake
The timber industry in Malaysia traditionally closes for the Chinese New Year celebrations...
[Mais... ]
The most recent export data shows that Malaysian exports totalled RM 390.3 billion for the period January to September 2012; this generated an average monthly positive trade balance of around RM 10 billion...
[Mais... ]
The Malaysian Ministry of Plantation Industries and
Commodities has indicated that some progress has been
made in talks with the European Union (EU) concerning
the Voluntary Partnership Agreement (VPA)...
[Mais... ]
The Ministry of International Trade and Industry is urging
the timber sector in Sarawak, as the state with the largest
timber resource, to consider expanding investment in the
furniture industry...
[Mais... ]
In 2010, the official Dutch government timber
procurement body TPAC judged that the Malaysian
Timber Certification System (MTCS) does not meet the
Dutch procurement criteria for wood...
[Mais... ]
The Malaysian Plantation and Commodities Ministry said
that the Malaysian timber industry is projected to meet its
export target of RM20 billion to RM21 billion, which is
close to the RM20.5 billion exports in 2010...
[Mais... ]
Malaysia’s exports of wooden furniture in 2011 are
expected be no higher than the RM6.5 billion achieved in
2010 as continued uncertainty in the global economy
weighs on the timber manufacturing and export sectors...
[Mais... ]
Sarawak based Jaya Tiasa Holdings Bhd. is of the view
that export market prices for logs from Sarawak will
remain firm due to the tight supply situation...
[Mais... ]