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Global lumber: Upin China, down in Japan
Global softwood lumber markets were mixed in the 3Q/09 – up in China and Northern Africa, while still slow in the US and Japan, reports the Wood Resource Quarterly
Softwood lumber imports to China have increased by 81% in 2009. It is not inconceivable that China will import more lumber than Japan in 2009, a historical first. Canadian sawmills have been the major beneficiaries of this new fast-growing market, reports the Wood Resource Quarterly.
The full article can be found here:
FPMU_Global_lumber_markets_3Q_09.pdf
Hakan Ekstrom, Wood Resource Quarterly