Forests Minister Steve Thomson promotes oriented strandboard panel construction in China on his annual Asian trade mission

Lumber exports shift to U.S. as China sales slump

Asian demand for B.C. wood products peaked in 2013, analyst says China sales on pace for 50 per cent drop

Wood products exports from Canada to Asia were down 18 per cent in the first six months of 2016, with the biggest decline being softwood lumber from B.C. to China, according to the Seattle-based Wood Resources International.

Lumber sales to China are on pace to drop by 50 per cent this year compared to 2014, as B.C. lumber producers direct their sales to a healthy U.S. lumber market, according to customs data tracked for the Wood Resources Quarterly (www.woodprices.com).

The latest edition notes that by value, 75 per cent of B.C.’s exports to Asia in 2015 and 2016 are in the form of lumber, while 77 per cent of exports from Washington and Oregon are logs.

Asian demand reached a record high in 2013, with China passing Japan as the largest importer of North American wood products in 2011. The B.C. and federal governments promote wood construction in China and Japan, and B.C.’s forest minister is required to conduct an annual trade mission to China, Japan and other Asian countries.

The shift in demand provides extra urgency for talks to renew the Canada-U.S. softwood lumber agreement that expired last year. B.C. sales are booming without the export cap that both Ottawa and Washington have agreed will be required.

Just Posted

Greenwood marks Remembrance Day

The annual ceremony took place in front of Greenwood City Hall. Photos by Janet Matsalla.

VIDEO: Government approves funding of $750,000 drug for B.C. woman

Approval comes one day after province announces funding for Soliris on a case-by-case basis

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Black Friday fervour wanes as some consumers, retailers shun practice

Some businesses are choosing to opt out, while some shoppers are turning to buying online

Stay safe on B.C. roads this holiday season

RCMP warn drivers to plan a safe ride home or suffer the consequences this holiday season

Trudeau apologizes to excluded residential school students

PM makes statement to former students in Nfld who were left out of previous compensation, apology

Uber official says public needs to push for ridesharing in B.C.

Mike van Hemmen tells Kelowna Chamber of commerce ridesharing would be ‘win-win-win’

B.C. co-ops relieved with Ottawa’s housing strategy

Federal government to have a new co-operative housing funding model in place by 2020

B.C. NDP referendum plan sparks legislature battle

David Eby says public will decide on proportional referendum

Hammy has been freed of his threads, a purple antler remains

The iconic Prince Rupert buck with a piece of hammock attached to his antlers was caught by COs

Most Read