China US timber trade Latest News

China’s demand for logs and lumber fell in 1Q because of their slowing housing market, as reported in the WRQ. Lately, North American log and lumber exporters have increased their market share at the expense of exporters in Russia and New Zealand.

The US and Canada have been exporting record volumes of logs and lumber to China in 2011. The Wood Resource Quarterly predicts that exports in 2011 will double those seen in 2010 to reach an estimated value of 2.6 billion dollars.