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There has been a noticeable halt in the declining prices of domestic logs and lumber in Japan during mid-May. The prices of laminated whitewood posts and laminated cedar posts, which are competitors to KD cedar posts, have reached their lowest point, leading to controlled inventory of imported lumber
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Total plywood supply in April was 583,000 cbms, 18.0% more than April last year and 6.1% more than March, which is the largest in two years since May 2011.
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The new governor, who headed the Asian Development Bank before being asked to take the helm at the BoJ, said in the past the bank had been too timid with its policies and he supports the 2% inflation target....
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Plywood imports in September dropped sharply and were
down to about 202,300 cu.m, 36% less than in August and
25% less than the same month a year ago...
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The JLR is reporting that at the end of November supplies
of imported thin, medium thin, special structural, and
concrete formboard plywood are tight and prices are
firming...
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Tropical log prices quoted for the Japanese market, which
had been falling since June, have leveled out says the
Japan Lumber Reports (JLR). This, says the JLR, is
because buyers in India and Taiwan P.o.C have become
more active in the market...
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The Japan Lumber Reports (JLR) has indicated that the
total plywood supply (production plus imports) in Japan
for the first six months of 2011 was 3,113,700 cu.m, 9%
more than during the same period last year...
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Japan’s timber self sufficiency had been increasing for the
past few years and the Japan Lumber Reports (JLR) says
the rate moved from 21% in 2005 to 28% in 2009...
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Seihoku's Ishinomaki plywood plants sustained
considerable damage during the March earthquake and
tsunami but clearing of debris and repairs to the machinery
is progressing well say the Japan Lumber Reports (JLR)...
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In the 3 prefectures (Iwate, Miyagi, and Fukushima) most
affected by the earthquake and tsunami plywood demand
is being driven by emergency repair work and the plywood
business is booming...
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