Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

Government of British Columbia : B.C. sets new records for lumber exports to China

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/13/2013 | 11:13pm CEST

NEWS RELEASE

For Immediate Release
2013FLNR0237-001888

Dec. 13, 2013

Ministry of Forests, Lands and Natural Resource Operations

B.C. sets new records for lumber exports to China

VICTORIA - After 10 months, the value of B.C.'s softwood lumber exports have broken a new record, Forests, Lands and Natural Resource Operations Minister Thomson announced today.

To the end of October 2013, the value of total softwood lumber exports to China reached $1.17 billion - exceeding the previous record set in 2011 when softwood lumber exports to China totalled $1.1 billion. B.C.'s October shipments of lumber to China also broke new records for monthly volume (865,000 cubic metres) and value ($145.5 million).

The value of lumber exports to Japan and the U.S. to the end of October also have surpassed recent years' totals. Softwood lumber exports to the U.S. are at $2.13 billion (compared to $2 billion for all of 2012), and to Japan at $703 million (compared to $674 million for all of 2012). The U.S., China and Japan are B.C.'s top three markets for softwood lumber.

The increase in value reflects both higher shipment volumes to these markets in 2013 as well as increased lumber prices.

Thomson led a trade mission of over 25 senior forestry executives to Japan and China in October. Premier Christy Clark returned from her 2013 Jobs and Trade Mission to Asia just last week.

Quotes:

Forests, Lands and Natural Resource Operations Minister Steve Thomson -

"It's encouraging to see the value of lumber exports to our top three markets have significantly increased over recent years. I'm especially thrilled that we've again broken new records in China - it's further evidence that all our hard work in that market is paying off."

"The increased demand for B.C.'s softwood lumber products translates to job security in B.C.'s mills and B.C.'s woods."


Council of Forest Industries president James Gorman -

"The increase in softwood lumber exports is a true indicator that the B.C. forest sector is on the road to recovery."

"This is also indicative of our ongoing efforts to build stronger ties to Asia and enhance B.C.'s position as the Pacific Gateway."

Learn More:

See photos from the 2013 Forestry Asia Trade Mission here:  http://ow.ly/pCHMa

Find out more about Premier Christy Clark's 2013 Jobs and Trade Mission here:  http://www.newsroom.gov.bc.ca/2013/10/growing-markets-in-asia-and-promoting-investment-in-british-columbia---trade-missions.html

Media Contact:

Brennan Clarke

Media Relations

Ministry of Forests, Lands and Natural Resource Operations

250 356-5261

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
04:42pDJU.S. Durable-Goods Orders Rise on Jetliner Demand--Update
04:37p TSX rises as Barrick earnings soar, Cenovus turns profit
04:34p OHIO SECRETARY OF STATE : Secretary Husted to Attend State Fair with Ohio Farm Bureau
04:29p CALFIRE CALIFORNIA DEPARTMENT OF FORESTRY AND FI : High Fire (San Bernardino County) Started 7/23/2017, updated 7/27/2017
04:29p FOREIGN OFFICE OF FEDERAL REPUBLIC OF GERMANY : Statement by the Federal Foreign Office on the situation in Jerusalem
04:29p PRESS RELEASE : World Bank Group, ITU and CPMI launch ‘Financial Inclusion Global Initiative’
04:27pDJTreasurys Pull Back on New Debt Supply
04:26p Eder strikes twice as Inter ease past Bayern in Singapore
04:26p Canadian dollar eases from two-year highs as U.S. dollar firms on data
04:24p STATE OF MISSOURI : Governor Greitens Appoints Theresa Counts Burke as Circuit Court Judge for St. Louis City
Latest news "Economy & Forex"
Advertisement