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

Fireballs fall Friday as brightest meteor shower of the year fills the skies

Geminid meteor shower features colourful, brighter, longer shooting stars

North Saanich Fire Department wins national Movember challenge

Team raises more than urban Edmonton, Toronto firefighters

One woman arrested following early morning break-in at Colwood home

West Shore RCMP arrested a 23-year-old woman who was transported to hospital

Lagoon Road reduced to single lane traffic due to sewer line work

Crews will be working from 7 a.m. until 5 p.m. for the remainder of the week

Strata rental bans escape B.C. speculation tax through 2021, Carole James says

Vacant home tax won’t apply to cabins accessible only by water

WFP the Grinch who stole Christmas

It makes me really sad that you don’t understand the labour relations side of the business.

China hints at national security trials for 2 Canadians detained for one year

The two Canadians’ detention is largely seen as retaliation for the arrest of a Huawei exec

B.C. seaplane company set to test the first commercial electronic plane

The plane is powered by a 750 horsepower electric motor

First Nations want Big Bar landslide cleared ASAP to allow fish passage

Leadership calling for urgent action and resources to remove obstruction on the Fraser

Assessed value of Lower Mainland homes expected to decrease in 2020

Other areas of province may see modest increases over last year’s values

Chilliwack family’s therapy dog injured in hit and run

Miniature pit bull Fifty’s owner is a single mother facing close to $10,000 in vet bills

Most Read