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Forestry Investment News
- 30/04/2010
Forestry experts are warning that a mysterious new disease is seriously threatening oak trees in England and could cause even more impact than Dutch elm disease.
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- 28/04/2010
What is sauce for the goose is not as always so tasty for the gander: While a rise in lumber prices is excellent news for many firms, such as forestry investment companies and wood product suppliers and softwood mills, which were hard-hit during the global economic turn-down, the news is not quite so welcome in the US building trade.
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- 26/04/2010
Due to strengthening lumber prices, West Fraser Timber Co, the largest softwood producer in North America, was able to report a profit for the first quarter of this year on Friday.
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- 23/04/2010
According to the US Department of Energy, demand in the US alone for forest carbon offsets could increase 100-fold by 2020.
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- 21/04/2010
It has been reported that a plan to cut the number of deer in Ireland is vital due to the serious level of damage the animals are doing to woodland in the country.
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- 19/04/2010
Chicago Mercantile Exchange lumber future prices surged to their highest level in almost three years on Friday following a rise in cash lumber prices and an unexpected increase in activity in the US construction industry.
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- 16/04/2010
There was good news this week for anyone investing in forestry. The price of paper pulp has increased by a massive 25 per cent in the past few months, from US$800 (£520) per metric tonne to US$1,000.
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The forestry ministry in Indonesia has announced that it is dropping plans to classify oil plantations as forests. This is following protests from environmental campaigners who feared that a re-designation would encourage deforestation.
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- 12/04/2010
Due to a steep rise in lumber prices on Friday, lumber tax in Canada will be cut from 15 per cent to 10 per cent from May 1, under the Softwood Lumber Agreement.
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- 09/04/2010
A London analyst has reported that US projects to convert bare land into forest and keep current woodland healthy could provide 60 per cent of available offsets for a US cap and trade plan on greenhouse gas emissions.
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