Asia & Middle East

Global container freight rates expected to hit new highs

    Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse.   [...]

India could replace China as a substitute market for Australian timber

In November 2020, China claimed that harmful organisms were detected in multiple batches of logs imported from Australia. The Australian [...]

Chinese H1 log imports grow sharply, while sawn timber purchases crash

According to data released by the China customs, in the first half of 2021, a total of 31.61 million [...]

Wood imports recover in India, despite surge in prices

    As the real estate demand has gradually begun to resume in India, the demand for processed [...]

Japanese timber industry in unprecedented crisis due to supply shortages and record prices

Currently, Japan is suffering from the third timber crisis, with unprecedented supply shortages and extremely high prices of timber. The [...]

Prices for China’s imported lumber fall sharply after record highs

This year's crazy import price rise in China came to an end in late May. Throughout June, the Chinese [...]

Vietnamese wood product exports forecast to reach new record in 2021

    Vietnam's wood products exports are expected to rise to a record 15-16 billion USD [...]

Global wood raw material supply is expected to tighten with through 2021

By the last quarter of 2020, timber demand was becoming excessive and record levels continued through Q1, 2021.    [...]

Japan wood industry in danger due to global timber shortage

A global shortage of wood and soaring prices are threatening Japan’s lumber industry and has business operators fearing serious [...]