U.S. is not happy with BC's underpriced lumber exports
The United States has requested consultation with Canada under the Softwood Lumber Agreement. At issue is the apparent unfair under-pricing of timber harvested from public lands in the Interior region of British Columbia.
According to the office of Customs Tariff Commission of the State Council, China had decided to remove tariffs on 4,762 commodities imported from 33 of the world’s Least Developed Countries (LDCs). Commodities with zero tariffs include wood products. The zero tariff treatment came into effect on 1 July 2010.
The countries involved are 26 African countries and 7 other countries, including Ethiopia, Benin, Burundi, Equatorial Guinea, Maldives, Nepal and Bangladesh.
Softwood lumber prices were up in both North America and Europe in the 4Q, but it was more the result of lower inventory levels and reduced production rather than an increase in demand, reports the Wood Resource Quarterly. The hot market for lumber last year was China, which increased imports by 75% thereby passing Japan as the largest importer in Asia.Seattle, USA. March, 2010.
Global softwood lumber markets were mixed in 2009 - up in China and Africa, while slow in the US
(SkyNewswire.com)--- Seattle, USA. Softwood lumber markets continued to be weak in Japan and the US during the 3Q/09, but have improved in Europe and, surprisingly, northern Africa, according to the Wood Resource Quarterly.
Shanghai’s approval of a new wood-frame building code is a major step forward in the growing demand for Canadian wood products in China, the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, and British Columbia’s Forests and Range Minister Pat Bell announced today.