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Wood Products Prices in The U.S. 

1 C 15th July 2015

Report from North America

  Sapeli, ipe, keruing and mahogany imports up
Imports of sapelli, ipe, keruing and mahogany grew in
April compared to March imports. Keruing imports were
over 2,000 cu.m. with year-to-date imports 17% higher
than in April 2014. The US imported 4,863 cu.m. of
sapelli, up 10% from March and a 49% increase year-todate.


Mahogany imports were up in April at 1,246 cu.m., but
year-to-date imports were 8% lower than at the same time
in 2014.


US imports of temperate sawn hardwood increased in
April, while tropical sawnwood imports were unchanged
from the previous month.


Temperate imports almost doubled to 95,553 cu.m. in
April compared to 21,594 cu.m. of tropical imports.
Imports of most tropical species actually grew in April,
but a decline in balsa sawnwood imports resulted in
overall unchanged import volumes.


Year-to-date tropical imports were 20% higher than in
April 2014.

Imports from Cameroon and Malaysia increased
significantly in April due to the higher sapelli and keruing
imports, respectively. Sapelli sawnwood imports from
Cameroon reached 3,635 cu.m. in April, while sapelli
imports from Congo (Brazzaville) fell by half to 946 cu.m.


Ipe sawnwood imports from Brazil were up at 2,721 cu.m.
in April, but Brazilian shipments of other species (jatoba,
virola and other species) declined from the previous
month.


Higher Canadian sawnwood imports from Indonesia
March imports of tropical sawn hardwood were revised
upward, but in April Canadian imports declined further
(-9%) to US$1.44 million. Year-to-date tropical
sawnwood imports were 27% down from April last year.


Sapelli remained the main species imported, but imports
fell one third to US$360,934 in April. March to
US$567,568.


Combined imports of virola, imbuia and balsa fell monthon-
month (-40%) and year-to-date (-17%). While not
reported separately, country-level data shows the decline
was mainly in balsa imports from Ecuador, which fell by
almost half from March.


Year-to-date Ecuador and Cameroon remain the largest
sources of tropical hardwood imports, followed by Congo
(Brazzaville) and Indonesia. Indonesian shipments to
Canada increased 27% month-over-month in April and
year-to-date shipments are 8% higher than at the same
time last year.


IWPA develops training for Lacey Act compliance
The International Wood Products Association, which
represents US importers of wood products, is developing a
training programme to help companies comply with the
Lacey Act.


The US Lacey Act bans trade in endangered or illegally
harvested species, including wood. The goal of the
training program is to provide buyers and sellers of wood
products with the latest information about resources and
procedures how to comply with the legislation.


It has sometimes been difficult for companies to comply
with the Lacey Act since it was introduced for forest
products in 2008. Even a large retailer like Lumber
Liquidators is being investigated for trade in illegal wood
products.


The associations first training session for Lacey Act
compliance will take place this October.


Softwood producers target Indian market
The fast-growing Indian market has caught the attention of
softwood producers in North America and Europe.
Tropical hardwoods are generally preferred in India, but
with tropical supplies tight, especially of teak logs, Indian
manufacturers increasingly use temperate hardwoods and
even softwoods.


More than half of the wood consumption is in doors,
windows, furniture and millwork, where manufacturers
have started to substitute hardwoods with softwood
species. New Zealand has exported pine logs to India for
many years now, but a more recent trend is the import of
higher-value sawn softwood.


The US exports southern yellow pine to India, while
Germany ships pine and spruce sawnwood. Canada aims
to grow its sales of Douglas-fir, western red cedar and
hemlock to compete with tropical species in appearance
applications.


Abbreviations

LM       Loyale Merchant, a grade of log parcel  Cu.m         Cubic Metre
QS        Qualite Superieure    Koku         0.278 Cu.m or 120BF
CI          Choix Industriel                                                       FFR           French Franc
CE         Choix Economique                                                        SQ              Sawmill Quality
CS         Choix Supplimentaire      SSQ            Select Sawmill Quality
FOB      Free-on-Board     FAS            Sawnwood Grade First and
KD        Kiln Dry                               Second 
AD        Air Dry        WBP           Water and Boil Proof
Boule    A Log Sawn Through and Through MR              Moisture Resistant
              the boards from one log are bundled                      pc         per piece      
              together                      ea                each      
BB/CC  Grade B faced and Grade C backed MBF           1000 Board Feet          
              Plywood   MDF           Medium Density Fibreboard
BF        Board Foot F.CFA         CFA Franc        
Sq.Ft     Square Foot              Price has moved up or down
Source:ITTO'  Tropical Timber Market Report

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