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Lumber Exports Showing Growth

By 250 News

Friday, May 25, 2012 02:55 PM

Prince George, B.C.- There is good news on lumber exports for B.C.  
 
Minister of Jobs, Tourism and Innovation , Pat Bell tells Opinion 250,   “China is still looking very good. The first quarter figures show we are up. The last month ( March) was a little softer, we were only up 15% and  the earlier months were stronger, but we are still, very, very solid.”
 
Bell says there is good news on B.C.’s world wide lumber exports for the first quarter, up 14% over all.
 
The price for lumber has really firmed up over the past couple of weeks says Bell, with a thousand board feet now selling in the $343 dollar range on the composite index. He says that should spell good news in the second quarter for lumber producers who have been recording some losses despite increased shipments of their products.
 
The Details:
 
Shipments to
First quarter 2011
000’s of cubic  meters
First Quarter 2012
000’s of cubic meters
China
1,545.7
1,841.5
 
United States
2,677.3
2,823.6
 
Japan
   560.9
   572.2
 
world wide

5203.6

5704.8


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Comments

While volumes are up to China I beleive that revenues are down.

As the US market picks up sales to China will fall, mainly because they dont pay top dollar for lumber, and because they have huge inventories.
I sure hope these numbers don't include raw log exports Patty.
Stop the export of raw logs!

http://www.cbc.ca/news/canada/british-columbia/story/2012/03/13/bc-raw-log-exports.html
"Stop the export of raw logs!"

Tell that to the Nisga'a. See how far you get.