The overall PPI for final demand, seasonally adjusted, rose by 0.2% in August.
Marketing
They aim to increase annual exports of timber products to India to 50 million m3.
Price for newsprint exported from Canada rose 3%.
The average wholesale prices for lumber in Japan saw a slight decrease in August.
Despite the monthly drop, year-over-year lumber production increased by 3.3%.
A key factor driving the crisis is a shortage of new housing.
Company cited strong demand for green raw materials in the industry as the reason for the significant price increase for forest products.
China maintained its dominance in Japan's wood furniture market, contributing 60% of the total imports.
Housing starts in Japan in 2024 are expected to decrease by 4% compared to last year.
The property sector, a significant driver of the economy, continues to struggle.
In half of the most populous U.S. metros, local median incomes can’t cover a starter home purchase.
Ukraine remained the largest supplier, with a 54% share.
Overall, glulam deliveries in Sweden for the second quarter were down by 10% compared to the same period in 2023
The National Home Price Index, which tracks home prices across all nine U.S. census divisions, saw a 5.4% annual gain in June, down from 5.9% in May.
Initially launching in Madrid and Oslo, the marketplace will be tested until the end of the year, with plans for global expansion.
Imports of hardwood bleached kraft pulp to China decreased 16%.
Hardwood species dominated U.S. lumber exports to the MENA region.
Pine made up the majority of Finland’s lumber exports.
China remained Germany's largest log buyer, accounting for 41% of total exports.
China’s aggressive export push is part of a broader strategy to revitalize its economy, which has been under pressure from a prolonged property crisis and weakening domestic demand.