Largest drop in fibre prices
Global Wood Fiber Prices in Q4 2008 Experienced the Largest Drop in over 20 Years: Wood Resource Quarterly
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Japanese log import decreased
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...for Finland
Wednesday, June 10th 2009:
Vladimir Putin just confirmed not to rise export duties on roundwood for Finland as long as the economic downturn crises lasts.
Both Governments concluded a bilateral timber trade commitment reports Business Support Bureau "Runa"
Monday, 10th of August 2009:
President Dmitry Medvedev called for “intensified talks” with Finland
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...für Finnland
Mittwoch, 10. Juni 2009:
Vladimir Putin bestätigte gestern das Aussetzen der Erhöhung des Zolls auf die Ausfuhr von Rundholz aus Russland nach Finnland.
Beide Regierungen haben ein Handelsabkommen über Rundholzexporte geschlossen - berichtet das Russische Handelsbüro "Runa"
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Imports of timber and pulp to China increasesWood Resource Quarterly has reported that imports of logs, lumber and pulp to China increased substantially in the second quarter of 2009 as the country’s economy grew by almost 8%.
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India's wood imports show impressive growth rates!New Delhi, Nov. 10, 2009 (RISI) - Although the growth in softwood log imports in India is impressive, at least 80% of India's log imports are hardwood. Teak logs are imported from Myanmar, various African countries, and Central and South America.
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Forest Companies Fined for Price-Fixing
The Market Court has fined forest products giants Metsäliitto Cooperative and Stora Enso a total of 51 million euros for running a price cartel.
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Gradual rebound forecast for forestry As 2009 came to a close, Canfor Corp. announced it would invest $16 million to upgrade its Chetwynd sawmill for a planned re-opening this spring.
After a 20-month shutdown, the restart will put about 70 people back to work.
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CHINA LOGS ANOTHER BIG INCREASESoftwood 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.
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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.
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New log sorting lines for Russian sawmills Hekotek signed new contracts – two log sorting lines are to be supplied to the sawmills of Eastern Siberia (Irkutsk region and Krasnoyarsk area).
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Govt to remove tax on log products: forestry ministerForestry 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.
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New Zealand Log Prices - June 2010April 2010 was a month where record volumes of pinus radiata logs were shipped out of New Zealand. The vast majority were headed for Asia where other suppliers such as the USA and Canada, are also ramping up supply.
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Australia increases both Eucalyptus and pine chip exports
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NZ forestry production and trade data released
NZ forestry production and trade data for the March 2010 quarter is now available on the web. Details can be found at address below*. Key points - compared with the same quarter of the previous year (March 2009) are;
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Chinese log imports taking a dive in 2009Due to the global recession that began in the second half of 2008, China’s total log imports declined in 2009 to 28.1 million m3 (-5.1%). The unexpected turnaround in the Chinese economy, starting in Q2/2009, significantly moderated the falling trend in Chinese log import volumes for the year. China’s log imports were valued at about US$4.1 billion, down 21% by value from 2008. reports International Wood Markets Group, The total decrease in log imports from 2007 to 2009 was a whopping nine million m3 - a staggering 24%.
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China removes tariffs on wood products from LDCsAccording 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.
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Sweden: log and wood chip prices have increased substantially the past 12 monthsSeattle, USA. September, 2010. Despite slower lumber export sales, sawlog prices in Sweden continued upward in the 2Q, reaching their highest levels on record in local currency.
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India - The next big log market?
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U.S. is not happy with BC's underpriced lumber exportsThe 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.
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EXPECTED INCREASE IN THE RUSSIAN TIMBER TARIFFThere are no signs that the planned Russian timber duty increase to 50 euros per cubic meter from 1 January 2011 will be postponed said the Swedish Minister for Trade Ewa Björling when she spoke to the Swedish news agency Direkt.
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New Zealand Log Prices - November 2010Supply and demand in China, New Zealand’s major export log market, appears to be reaching a balance. As such, in-market prices for New Zealand logs in China and Korea have slowed from the rapid rises witnessed through September and October.
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EU - Russia deal could end log export tariffsReuters reported this week that Russia and the European Union struck a deal on Wednesday to phase out Russian export tariffs on raw materials.This is designed to smooth the way for Moscow’s entry into the WTO.
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Sawlog costs in Europe have gone up more than lumber pricesSeattle, USA. Over the past year, the sawmilling sector in Europe has shifted from high production levels and the highest lumber prices in four years, to weakening lumber demand and reduced prices for many lumber grades during this fall.
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Swedish Forest Society export timber to FinlandThe forest society will load 2500 cubic meters of timber from the province on a cargo ship to Finland.
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Swedish Forest Society Doubts the Russian Wood Tariff ReductionSwedish Forest Society's timber manager Magnus Juntikka is critical to the speculation about the lower Russian wood tariffs.
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Wood prices in Canadian East much higher than in the WestOver the past 20 years, pulp mills in Eastern Canada have consistently had higher wood fiber costs than the mills in the Western provinces with the exception of a short period in 1995, according to the North American Wood Fiber Review.
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Finish roundwood cartel led to losses over one billion Euros for private ownersFinnish Yle reports on a raw timber cartel, which operated in Finland between 1997-2004. Forest Research Institute Metla estimates the value of direct losses for private forest owners to over one billion Euros. The indirect losses reached a few hundred million Euros.
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US and Canadian log and lumber exports to China up over 150 percent in 2010Seattle, USA, Jan 6, 2011 - China has come to the rescue for many sawmills and timberland owners in the US and Canada the past year. The value of softwood logs and lumber shipped from North America to China is estimated to reach over 1.6 billion US dollar in 2010, which is up dramatically from just a few years ago. In 2008, total exports were valued at 350 million dollars, while they were only 125 million dollars five years ago.
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North American log and lumber exports to China up over 150% in 2010China has come to the rescue for many sawmills and timberland owners in the US and Canada the past year.
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Russia provides 1/3 of timber import in China
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China’s log & lumber imports soar in 2010
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Softwood logs and lumber exported from North America to China at record hight
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Sawlog costs for many sawmills around the world went up during 2010
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Lumber stocks react to Japan’s earthquake
There has been a lot of analysis in the last few days concerning the impact the massive earthquake, and tsunami in Japan will have on North American timber markets.
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Japanese Importation of Logs, Lumber and Plywood in 2011 is Likely to be the Highest it has been Since 2008
Seattle, USA, Mar 28, 2011 - The earthquake and tsunami that hit Japan on March 11 is first and foremost a humanitarian tragedy that is difficult to comprehend. Over 10,000 people died during and in the immediate aftermath; more than 400,000 people lost their homes and 100-150,000 buildings were destroyed. The re-building of towns, roads, railways and the power grid in the impacted region northeast of Tokyo will be a lengthy and difficult undertaking.
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Japan likely to boost log imports
Hakan Ekstrom, a principal of United States-based Wood Resources International in an article this week said reconstruction of up to 150,000 buildings in northern Japan in the wake of the earthquake and tsunami that hit Japan on 11 March 11 will boost NZ log exports.
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Sluggish Timber Sales Continue in March
Finland, April 7, 2011 - The forest industry purchased one million cubic metres of timber from private forests in March, almost a third more than in February. Birch pulpwood must be imported, because the supply in Finland is insufficient.
Demand for timber is good and there’s particular interest in stands, which can be harvested in summer.
The aggregate January-March purchase volume, 2.8 million cubic metres, was down more than a fifth from the corresponding period of 2010.
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Russian log and lumber exports increased substantially in 1Q/11 thanks to higher wood demand in China, Finland and Japan
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Timber prices are falling in Sweden
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Energieholzpreise Österreich
Marktanalyse II: Energieholzpreise
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Price analyses of wooden bioenergy in Austria:
Charts and Study are in German language - english legends enclosed by ForesIndustries.EU:
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Invisible exports – timber logs to Jamaica unrecorded by the Guyana Forestry Commission
Dear Editor,
Jamaican Customs opened a shipping container in mid-March and discovered 122kg of cocaine in bags with a consignment of 130 logs. The Guyana Forestry Commission admitted knowledge of this shipment,
apparently associated with a State Forest Permission assigned to Aroaima Forest Producers Association but actually operated by a Chinese national.
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New Zealand Log Prices - June 2011
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Drop in NZ export log pricesHigh inventory levels in Chinese ports have now converted to a lowering of in-market (CFR) pricing for New Zealand logs. A similar situation occurred this time last year when China was importing what were then record volumes of logs.
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FFIF : Lively Timber Sales Activity in JuneFinland, Jul 13, 2011 - The forest industry purchased 4 million cubic metres of wood in June and all timber grades were in good demand. The volume of purchases doubled from May, matching the volume achieved in June last year.
Timber prices were high, translating into excellent earnings for forest owners who made timber sales in June.
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Södra expect continued high global wood costsSödra's profit for the first half was 577 million SEK (1084 million in the same period last year) representing a return on capital of 11 percent (21).
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Tpt Forests New Zealand - market reportOver recent weeks, export log markets have continued to react to oversupply with inventories building and softening prices. This situation of supply being well out of balance with demand is now very pronounced in China and India, and to a lesser extent in Korea and Japan. Irrespective of whether the primary reasons are due to high inventory/slowing demand or pricing being indexed to China, domestic log and processed product prices have decreased across all markets and general trading conditions have become far more challenging than earlier in the year.
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Timber Trade Flow Maps of China and the Mekong RegionThis report provides a number of illustrated maps giving an overview of the timber trade flows in Cambodia, China, Laos, Myanmar, Thailand, and Vietnam and their respective trading partners. The maps provide information on the import and export in value as well as volume (RWE).
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BASELINE STUDY 1, CHINA: Overview of Forest Governance, Markets and TradeAs part of FLEGT Asia’s information collection role, a number of forest governance, markets and trade Baseline Studies have been carried out in the region. This study is done for China.
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BASELINE STUDY 2, LAO PDR: Overview of Forest Governance, Markets and TradeAs part of FLEGT Asia’s information collection role, a number of forest governance, markets and trade Baseline Studies have been carried out in the region. This study is done for Lao PDR.
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Exports of logs and lumber from the US and Canada to China to reach recordLumber shipments from Canada alone could reach 1.2 billion dollars this year. The North American share of log and lumber import volumes to China has increased from four percent in 2005 to 18 percent in 2010.
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New Zealand’s log exports to China account for one-third of country’s timber harvest in 2011Log exportation from New Zealand continues to rise at a record pace, with almost one-third of the country’s timber harvest being processed at sawmills in China. The high demand for logs from overseas has increased domestic sawlog prices to their highest levels in 15 years, according to the Wood Resource Quarterly.
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China s Hunger for Wood Raw Material Pushes Timber Prices Upward IncreasingSeattle, WA, October 20, 2010 -- Continued increases in demand for wood raw-material from sawmills, plywood plants and pulp mills in China has pushed domestic log prices upward and many Chinese companies are increasingly exploring the opportunities of importing more logs and wood chips to supplement the domestic fiber sources.
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Other sources of softwood logs for ChinaSEATTLE, WA, Okt. 31, 2011 (RISI) - Note to RISI readers who may feel that we are becoming the "All China -- All the Time" channel: I really did have another subject in mind for this Viewpoint, on South America, but then I received an interesting email from Lithuania and got a bit side-tracked.
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NZ sawn timber exports drop awayNew Zealand’s sawn timber exports to China have been ‘hammered’, while raw log shipments surged in the wake of Beijing’s efforts to cool the economy and amid increased sales by rival forestry nations such as Canada, according to an industry lobby group.Lumber exports fell 16 percent to $264 milli
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Global sawlog prices fall for first time since 2009With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the Wood Resource Quarterly (WRQ). The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09.
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China is now the world’s largest importer of softwood lumber and logsReduced activities in the housing construction sector in China decreased importation of softwood logs and lumber in late 2011, reports the Wood Resource Quarterly.
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Global sawlog prices fell in late 2011Global sawlog prices fell in late 2011, especially in lumber export-oriented countries such as Western Canada, Finland, Sweden, Russia and New Zealand, reports the Wood Resource Quarterly.
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Global sawlog prices fell in late 2011Global sawlog prices fell in late 2011, especially in lumber export-oriented countries such as Western Canada, Finland, Sweden, Russia and New Zealand, reports the Wood Resource Quarterly.
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Eucalyptus and pine log prices in Brazil close to all-time highEucalyptus and pine log prices in Brazil close to all-time highs in the 4Q/11, reports the Wood Resource Quarterly Wood costs for pulp mills and sawmills in Brazil have gone up over the
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« Forestry finds backed in investment press Hardwood prices increased in final quarter of 2011The latest Hardwood Wood Fibre Price Index, which is for the final three months of 2011, shows that hardwood prices rose by 5 per cent compared with the same quarter the year before.
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Growing criticism of B.C.’s raw log exportsBritish Columbia‘s Forest Minister Steve Thomson has rejected the recommendations his own Timber Export Advisory Committee dozens of times in the past 3 months, resulting in millions of dollars worth of raw logs being sent to Asia
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Global sawlog price index down almost 9%The global sawlog price index in the 1Q/12 was down almost nine percent from early 2011, with Europe experiencing the biggest decline in prices, reports the Wood Resource Quarterly.
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NZ log export markets update
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Logs from Australia plantations set to growLog supply from Australia’s timber plantations is set to increase substantially according to a new report, released by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
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Indian coffee company will not set up main processing plant hereThe Indian coffee company which was given a forestry concession to mainly carry out value added activities has said that its main plant will in fact be in India and not Guyana. This raises concerns that the company will continue to export logs out of Guyana.
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Weaker pulp markets see chip and pulp log prices fallThe global pulp market is mired in uncertainty: uncertainty when China will move into buying mode, uncertainty about where the European economy is heading and uncertainty if low spot prices for soft
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China imports 15% less sawlogsThe slowing economy in China has reduced the importation of logs from New Zealand, Russia and the US by about 15% during the first six months of 2012.
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In-market log prices are reduced slightly this month. However demand is still strong as shipping prices have lowered. The in-market log price has lowered 1-2% for the products Agrifax monitors, however the cost of shipping in $/JASm³ has lowered 5-6%. Inventories
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Issue date: International Forest Industries Research progress on export log treatment - NZUniversity of Canterbury researchers have made a breakthrough in treating export logs by heating them using high voltage electricity. Export logs are usually fumigated to rid the timber of pests, such as insects and fungi which could pose a biosecurity threat.
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Russian log prices defy policyLog costs for Russian sawmills did not fall as the Russian government intended when it implemented a 25 percent log export tariff in 2008.
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Sawlog prices in Russia climbing 25% in 3 yearsLog costs for Russian sawmills did not fall as the Russian government intended when it implemented a 25 percent log export tariff in 2008.
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New Zealand log export updateNew Zealand log exports have remained consistent this year, now recording a 7th consecutive month above 1million m³ in August. Year to date figures show a 3% increase in exports compared to the year to August 2011 on the back of a strong month in June.
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Difficulties ahead for Russian logging industryWOOD MARKETS successfully wrapped up its seventh international tour of Russia’s forest industry on 16 September 2012. Some key issues identified during the tour included:
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New Zealand log prices updateNew Zealand log exports have remained consistent this year, now recording a 7th consecutive month above 1million m³ in August. Year to date figures show a 3% increase in exports compared to the year to August 2011 on the back of a strong month in June.
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NZ log exports up in latest trade summaryNew Zealand chalked up its third monthly trade deficit in October, repeating last year’s pattern, as shipments of dairy products fell and imports rose.
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China log imports - WOOD MARKETS has just released the third edition of The China BookA new Five-Year Outlook shows no slowdown in wood products imports but China’s housing and economy will need additional government stimulus to get construction moving later in 2013.
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US housing boosts lumber not logsHousing starts in the US jumped to 894,000 units in October. This was 19 percent higher than in August, and as much as 42 percent more than in October of last year.
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Forests minister launches boost for timber industry at Victoria conventionIn a bid to spur timber harvesting on the coast, the provincial government announced it will look at new technology for scaling logs, fast-track the auction of an additional 500,000 cubic metre of timber and make improvements to the log-export system.
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New EU group to promote sustainable tropical timberAn organisation aiming to ensure tropical timber is used sustainably across the European Union will be launched next month.
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Guyana’s prime timbers – over-harvested, under-priced and minimally taxed
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