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

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

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
Date Title
02:41p STATISTICS CANADA : Farm Product Price Index, June 2016
02:41p STATISTICS CANADA : Poultry and egg statistics, June 2016
02:41p IFC INTERNATIONAL FINANCE : Helps Alter Modus Boost Lending to Smaller Enterprises in Montenegro
02:41p TURKIYE IS BANKASI : Shares Transaction Notification
02:41p NEOGEN : launches ThyroKare™ Equine Powder
02:41p CATAALLIANCE CANADIAN ADVANCED TECHNOLOGY ALLIAN : Canada’s global leadership for “Smart-Intelligent Cities”? Will Canada’s new innovation policy recognize the opportunities for knowledge job creation, new investment, new foreign trade and increased national innovation?
02:41p TULLOW OIL : Rush is on to get East Africa’s oil, gas to the market
02:41p World Alternative Chemical Products and Processing Market 2016-2026 - Research and Markets
02:38p IMD COMPANIES, INC. : (ICBU) Gives Corporate Update and Becomes Current with all its Financial Filings
02:37p CAN5 - Cerebus Archive Number Five - is Now in the Process of Being Restored
Latest news
Advertisement
Hot News 
0.83%CHINA PACIFIC INSURANCE : 1st Half Net Profit Down 46% at CNY6.14 Billion
0.58%ROCHE : Receives US FDA Emergency Use Authorization for Zika Test
-0.60%DAX : Continues to Test Support, Price Action ’Wedging Up’
0.13%CHINA SHENHUA ENERGY : 1st Half Net Profit Down 19.3% to CNY10.83 Billion
-0.47%Innogy to Acquire Solar Energy, Battery Specialist Unit of BELECTRIC Group
Most Read News
02:33aDJSTATOIL : to Cut Spending, Raise Output at Giant North Sea Field
08/28 BHP BILLITON : U.S. SEC paid $3.75 million to BHP Billiton whistleblower - report
08/28DJGENERAL ELECTRIC : China Sets Up Aircraft-Engine Maker
08/28 HERBALIFE : may have misled investors, SEC on impact of FTC deal, one short-seller says
08/28DJOil Prices Lose Steam; OPEC Meeting in Focus for Cues
Most recommended articles
08:27a USG : to sell building products distribution unit for $670 million
08:18aDJTHE 10-POINT : WSJ Editor in Chief Gerard Baker's Guide to the Day's Top News
08:15aDJS&P 500, Nasdaq Futures, Aug. 29 -- Technical Analysis
08:07a AIRASIA BERHAD : quarterly profit jumps 41 percent on high demand, low oil
08:01a BLACKROCK WITHHELD SUPPORT FROM TWO KEY EXXON DIRECTORS : filings