News archive

Wood Fibre Costs for Pulp Manufacturers Up Over Past Two Years

16-07-2019
Wood Fibre, Pulp

The cost of wood fibre for the world’s pulp industry has trended upward for over two years because of higher demand and a tightening regional supply of wood fibre. From the 1Q/17 to the 1Q/19, prices for pulplogs and wood chips (in the local currencies) have gone up in all 17 countries tracked by the WRQ. The only exception has been in …

Agonizing South Sea Tropical Plywood Manufacturers

16-07-2019
Plywood, Overseas Market

Plywood manufacturers in Malaysia and Indonesia are in tough spot with declining orders from overseas markets and spiraling cost of logs. Since spring of 2017, plywood prices in Malaysia and Indonesia soared to record high level by log shortage while the market in Japan continued sluggish log supply in Indonesia started recovering gradually since …

Malaysia: Short-term Recovery Seen for Wood-based Manufacturing

15-07-2019
Malaysia, Market Recovery

PETALING JAYA: Short-term recovery is expected for furniture players especially firms with operations in Vietnam, as the US has adjusted offshore sourcing of furniture from China to Southeast Asia (SEA), particularly Vietnam, according to HLIB Research. Malaysian furniture manufacturers that have operations in Vietnam include Poh Huat …

Vietnam's Increasing Timber Imports

15-07-2019
Vietnam, Import

KUCHING: Vietnam, a major importer of Sarawak logs and timber products, has a blossoming downstream processing industry. Vietnam has been rapidly expanding its processing sector by increasing its imports of primary wood products, especially hardwoods, from over 100 countries.  In 2018, Vietnam’s wood processing industry imported …

Market Trends for Tropical Timber in Europe

12-07-2019
Certification, FLEGT

Workshop 1 of the First IMM Trade Consultation held in London on 8 March 2018 focused on reasons for the 15-year decline in tropical wood import volume and share in the EU, future market prospects and the role FLEGT licensing could play in reversing the market trend. Participants had experience of UK, Netherlands, German, and Belgian …