- Posted By: Richard B Standiford
- Written by: Richard B. Standiford
Published on: May 23, 2011
Although the weak housing markets have continued to suppress prices for logs and stumpage for California forest landowners, there has been tremendous growth in opportunities from the export market. This has largely been driven by surges in the demand for west coast logs in China. According to the International Wood Markets Group, Inc. (http://www.woodmarkets.com), the final statistics for 2010 showed that log imports by China increased 22% by in total volume and 49% by value from 2009. This increased demand, coupled with log tarrifs in Russia, have had the effect of increasing the demand for logs from the US, Canada, New Zealand, and Australia. This trend appears to be continuing and both the...
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