Recent data on the Brazilian timber industry reveals that exports of timber products from the country (excluding pulp and paper) were at US$206 million in June, up a healthy 19 per cent on the previous year.
During the same period, exports of tropical sawnwood fell in both volume and value terms, however, to 38,500 cu.m and US$17.9 million, a decrease of 4.7 per cent in volume and 3.8 per cent in value terms on 2009.
Pine trunks rumble down conveyors and sawdust clouds the air. The noise inside the sawmill nearly deafens, but in this remote town of 3,500 people, some 700 kilometres north of Vancouver, there are few sounds as welcome as the buzz and clatter of a mill back at work.
Govt to remove tax on log products: forestry minister
Forestry Ministry Zulkifli Hasan said the Finance Ministry had agreed to proposals to remove value-added tax (VAT) imposed on log products.
He claimed former finance minister Sri Mulyani Indrawati had signed a proposal to cancel the tax when she was in the office.
“[Mulyani] agreed to cancel VAT for log products. The regulation will take effect this month. This is good as it will not burden industries because raw materials were not supposed to be taxed,” he said Sunday.
May has been a difficult month for lumber prices in North America, with values dipping to the point that gains made earlier this year were effectively cancelled out. However, it is not all bad news as the stocks of leading players are holding up well.
The deep economic downturn that cut U.S. demand for Canadian lumber significantly for several years has had an upside for Canfor Corp., which turned its focus to Asia and discovered "exponential growth" during the first quarter.
B.C.'s forests minister questions report predicting decline of forest industry
VANCOUVER, B.C. - British Columbia's forests minister says the outlook for the lumber sector in the province's Interior, ravaged by the mountain pine beetle, isn't as pessimistic as an industry report issued this week.