Asia & Middle East

Subdued lumber demand in India due to container issues

    Demand for lumber in India remains subdued due to ongoing shortages in container availability for exports [...]

Russian timber exporters seek new markets in Middle East and Asia

    The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

Skyrocketing wood prices in Japan due to Ukraine war

The war in Ukraine has inflated the cost of timber in Japan.    Russia’s retaliatory measures [...]

Global port congestion improves, freight rates will remain high

High freight costs, congestion at terminals, earlier peak seasons and due to strict Covid-19 lockdown measures have had a [...]

India: Current trends in the log import market

    About nine bulk shipments of logs are expected in Kandla port in June; five from Uruguay [...]

EU tropical wood import value at highest level for a decade

    In the first three months of this year, the value of EU imports of tropical wood [...]

Vietnam’s Mekong Wood orders full MDF line from Siempelkamp

      The Vietnamese Mekong Wood MDF Joint Stock Company has placed an order for a [...]