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Tag: China

IKEA partners with Alibaba to open the first virtual IKEA store on Tmall

01-04-2020
IKEA Retail China, Alibaba, Tmall, ecommerce, first virtual IKEA store,

On March 10, Inter IKEA Systems B.V. (owner of the IKEA concept and global franchisor), IKEA Retail China and Alibaba Group Holding Ltd. launch the first virtual IKEA store during a digital signing ceremony via Taobao Live Streaming from IKEA Shanghai Baoshan and Hangzhou Ali Park. The virtual IKEA store on Tmall will offer around 3500 IKEA …

Lanzhou City – the logistics centre for Russian timber

18-03-2020
Lanzhou city, Gansu Province, China, logistic centre, Russian timber, imports, exports, trade, ChinaEurope Express railway, distribution, Lanzhou New Industrial Zone

Russian timber will be distributed to all parts of China after arriving via the ChinaEurope express railway terminal in Lanzhou City, Gansu Province, reported ITTO. This, say analysts, will promote the wood processing industry and strengthen the supply chain for imported timber from the Western Region. The Lanzhou New Industrial Zone is a major …

Department of Commerce slaps duties on Chinese cabinet imports

18-03-2020
U.S. Department of Commerce, anti-dumping duty, AD, countervailing duty, CVD, imports, wooden cabinets, vanities, China

In February this year, the U.S. Department of Commerce announced affirmative final determinations in the anti-dumping duty (AD) and countervailing duty (CVD) investigations of imports of wooden cabinets and vanities from China, reported ITTO. The petitioner in this case is the American Kitchen Cabinet Alliance. Commerce determined that producers …

WRQ: Global trade volume of softwood in 2019 remained stable but prices declined in all continents

16-03-2020
Wood Resource Quarterly, global timber markets, global lumber markets, US, China, 2018, 2019, review

Global Timber Markets Global trade volume of softwood in 2019 remained stable but prices declined in all continents. • Global trade of softwood logs in 2019 remained practically unchanged from 2018 at 93 million m3. As much as 45% of globally shipped logs were destined for China, reported the Wood Resource Quarterly (WRQ). • Sawlog …

Editor’s pickAndritz to supply largest pressurised refining system for Guangxi Guoxu's MDF production line in China

10-03-2020
Andritz, Guangxi Guoxu Group Co., Ltd., pressurised refining system, MDF production line, Wuzhou City, Guangxi Province, China

International technology Group Andritz has received an order from Guangxi Guoxu Group Co., Ltd. to supply a pressurised refining system for their MDF production line in Wuzhou City, Guangxi Province, China. This will be the largest system ever installed in China, with a capacity of 45 bdmt/h and including an S2064M refiner. Start-up of the …

China’s domestic timber wholesale markets starting to resume business

03-03-2020
China, domestic timber wholesale market, resume business, operation, coronavirus

It has been reported that timber from South America and Southeast Asia recently arrived in Guangzhou and Dongguan Ports and has been off-loaded, reported ITTO. The domestic timber wholesale markets have started work after the lull due to the virus risk. The trade media (Wood365) has reported that small volumes of timber have been delivered to the …