The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Lesprom Plus
Exports of wood pellets from Vietnam to South Korea upped 3%.
Price for sawlog exported from Germany to China rose 2%.
Exports of lumber from New Zealand rose 1.7%.
Exports of wood chips from Australia to China rose 4%.
Exports of lumber from Chile slipped 4%.
Price for wood chips exported from Chile gained 2%.
Price for lumber exported from Thailand to China upped 3%.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
Imports of softwood logs to China gained 2%.
Imports of hardwood bleached kraft pulp to China decreased 17%.
Price for hardwood bleached kraft pulp exported from Chile added 0.7%.
Price for plywood exported from Chile added 0.9%.
Imports of wood chips to China increased 23%.
Price for wood chips exported from Vietnam to China dipped 1.0%.
Price for plywood exported from Russia to China decreased 9%.
Recovery continues after 2021 ban lift.
Belarus gains ground in Chinese softwood lumber market as European exports decline.
Price for lumber exported from Sweden upped 1.4%.
Price for wood chips imported to Finland gained 2%.
Price for pulpwood imported to Finland slipped 2%.
Exports of lumber from Lithuania grew 6%.
Exports of wood pellets from Russia to South Korea increased 6%.
Imports of wood pulp to European Union expanded 5%.
Exports of cork and articles of cork from Portugal lost 6%.
Price for logs exported from Lithuania slipped 1.7%.
The average price per ton of imported wood pellets was down 36%.
Imports of wood pellets to South Korea rose 1.2%.
Exports of lumber from Latvia contracted 6%.
69 civil groups from 18 countries call on President Yoon to revise renewable energy certifications, highlighting damage to forests and increased carbon emissions.
Imports of plywood to European Union upped 5%.
Imports of wood chips to European Union gained 1.0%.
Germany and Croatia see significant growth despite overall downturn.
Exports of lumber from Russia to Kazakhstan contracted 19%.
Price for logs exported from Brazil slipped 5%.
These adjustments are expected to boost the profitability of forest estates and encourage sustainable forest management practices among family-owned operations.
Danske Bank analyst highlights major shifts as Sweden targets 9% increase in carbon sink by 2030 amid EU climate initiatives.
Imports of wood pellets to United Kingdom expanded 24%.
Imports of lumber to United Kingdom lost 21%.
Price for plywood imported to United Kingdom upped 3%.
Despite a slight downturn in volume, export values and average prices show resilience.
Price for lumber exported from the U.S. to India grew 12%.
Price for wood pellets exported from Canada expanded 7%.
Price for plywood imported to the U.S. grew 21%.
Imports of lumber to Egypt contracted 25%.
Exports of bleached kraft pulp from Canada rose 4%.
Exports of lumber from Germany to the U.S. lost 19%.
Price for lumber exported from Sweden to the U.S. upped 1.4%.
Price for plywood exported from Russia to the U.S. rose 1.1%.
Price for wood chips exported from the U.S. downed 2%.
Price for logs exported from Canada expanded 20%.
Exports of plywood from Brazil contracted 9%.
Price for lumber exported from Brazil upped 3%.
Exports of logs from the U.S. grew 7%.
Exports of wood pellets from the U.S. grew 10%.
Exports of softwood lumber from Canada to the U.S. expanded 15%.
Price for plywood imported to the U.S. grew 23%.
The continued high supply from New Zealand is partly due to favorable weather conditions that facilitated increased harvest volumes.
Price for wood chips exported from Vietnam to Japan slipped 0.1%.
Price for MDF panels exported from Turkey rose 4%.
Imports of plywood to Japan expanded 22%.
Price for wood pellets exported from Vietnam to Japan upped 4%.
Imports of wood chips to Japan rose 4%.
Price for logs imported to Japan increased 16%.
Imports of softwood lumber to Japan increased 15%.
Prices for pellets remain stable.
Price for logs exported from Japan upped 5%.
Price for wood chips imported to China slid 2%.
Imports of softwood logs to China decreased 12%.
Exports of wood chips from Australia to China increased 13%.
The price for softwood bleached kraft pulp imported to China stayed flat.
Exports of lumber from Thailand to China grew 17%.
Exports of lumber from New Zealand increased 11%.
Price for logs exported from New Zealand expanded 6%.
Exports of lumber from Finland to China contracted 23%.
Imports of bleached hardwood kraft pulp to China expanded 9%.
Price for plywood exported from Russia to China increased 30%.
However, a number of factors may limit the rapid expansion of unprocessed timber exports to China.
Price for wood chips exported from Vietnam to China added 0.9%.
Price for lumber exported from Thailand to China slipped 0.2%.
Exports of plywood from China increased 24%.
Imports of softwood lumber to China slipped 1.1%.
The ban on Russian and Belarusian wood imports has led to a biomass shortage in the Baltic timber market, causing prices for logs to rise.
Metsä Group halted operations at its Metsä Svir sawmill and ceased timber purchases in the country in March 2022 after Russian invasion of Ukraine.
Exports of hardwood bleached kraft pulp from Brazil expanded 7%.
Price for logs exported from Lithuania stayed flat.
Imports of plywood to European Union expanded 20%.
Exports of lumber from Finland to China expanded 11%.
Price for wood pellets imported to European Union increased 7%.
Imports of wood chips to European Union expanded 6%.
Imports of wood pulp to European Union rose 1.8%.
Exports of lumber from Lithuania grew 10%.
Price for sawlog exported from Germany to China expanded 7%.
Price for lumber exported from Sweden grew 10%.
Price for lumber exported from Russia to Kazakhstan slipped 0.7%.
Price for lumber exported from Germany to the U.S. rose 2%.
Exports of wood pellets from Russia to South Korea contracted 14%.
Price for wood pellets exported from Vietnam to South Korea contracted 15%.
Imports of wood pellets to South Korea stayed flat y-o-y.
Price for logs exported from Brazil contracted 19%.