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Latest timber industry news, updated on Monday, Wednesday and Friday.

Growth of global wooden furniture market

Technavio analysts forecast the global wooden furniture market to grow at a CAGR of almost 5% during the period 2018-2022, according to their latest market research report. Source: Business Wire The increasing adoption of eco-friendly furniture is one of the major trends being witness
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Japan’s wood exports increased in 2017

Japan’s value of wood products export in 2017 was 32,647 million yen, 37% more than 2016. Source: Lesprom The main factor is increased export of logs to China and rapid expansion of cedar lumber export to the US market, as ITTO reported. Log exports to China were 776,004 cubic metres,
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Debt-driven deforestation

The Cambodian rosewood had stood for hundreds of years, but its value finally proved too hard to resist and the giant tree came crashing down — inside a protected forest. Sources: Reuters, VOANews It’s unclear exactly who was behind the felling — nobody has been charged — but it
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Forest Enterprises discusses forestry priorities with Government

New Zealand’s Associate Minister of Forestry, the Honourable Meka Whaitiri met with Forest Enterprises at their Masterton office during her visit to the Wairarapa on 7 June to discuss forestry priorities. Source: Timberbiz The Minister’s Office approached the New Zealand- owned forest
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Fighting in the forest for the seat of Braddon

Braddon Liberal candidate Brett Whiteley had a clear request for Labor asking them to “walk away” from the Tasmanian Forest Agreement. Braddon is a rural electorate in the north-western and west of Tasmania which is due for a by-election. Sources: The Advocate, Timberbiz The seat of B
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New Zealand forestry scholarship launched

A new forestry scholarship was launched at National Fieldays by New Zealand Forestry Ministers Shane Jones and Meka Whaitiri. Source: Timberbiz The new scholarship aims to grow the capability of the forestry sector and increase the number of women and Māori in the industry. “The new s
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Waratah Forestry Equipment and Hultdins in distribution partnership

Waratah Forestry Equipment and Hultdins have formed a distribution partnership to offer an extended product line of grapples and grapple saws to Waratah customers in Australia and New Zealand. Source: Timberbiz The Waratah-branded grapples and grapple saws are a result of customer dem
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Top 5: Market Points from IndustryEdge

594,354 bdmt – Australia’s woodchip exports were just 2,173 bone dried metric tonnes less than the prior month in April 2018 4.467 million m3 – Australia’s softwood log exports for the year-ended April 2018 6.7% – the Producer Price Index (Output) for Log Sawmilling & Timber Dress
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Specialty timbers go under the hammer

The Forest Products Commission (FPC) is expecting spirited bidding from wood enthusiasts and craftspeople when approximately 10 tonnes of assorted timber species, from the South West and Goldfields regions, are auctioned. Source: Timberbiz The auction will be held at the FPC Manjimup
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