News from our partner in Consorcio Forestal Amazonico SAC
European sawmills experience lower profit margins
Lumber prices were the highest in four years during the first nine months of 2010 in Europe, considering the four major lumber production countries; Germany, Austria, Finland and Sweden. As a result, saw log prices have been at near record levels in these countries. With winter, comes weakened consumer demand and mills reduce production correspondingly to stabilize log supply, resulting in lower lumber prices.
(Sources: WRQ, Danske Banks's Skog & Ekonomi)
US landowners seek regulatory relief
Landowners in the Pacific Northwest are creating agreements with government agencies to insulate themselves from regulatory constraints, evidenced by the recent Safe Harbor Agreement between Port Blakely and the US Fish & Wildlife Service. Creating agreements with public entities is important given the recent decision by the ninth circuit court that logging roads are a point source of pollution under the US Clean Water Act, a decision that could have an appreciable impact on forest operations in the US. (Sources: The Oregonian, The National Law Review)
IWC Newsletter 32
You can read the latest edition of the IWC Newsletter by accessing our website www.iwc.dk (Newsletter 32).
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The International Woodland Company A/S
Homepage: www.iwc.dk
E-mail: pha@iwc.dk
These news may be copied or forwarded only with reference to IWC. The news from IWC is based on information obtained from sources believed to be reliable and in good faith. The news is for information purposes only and is not intended to be construed as counseling. IWC is not responsible for any action based on the information in the news.
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