Sunday, December 12, 2010

Asian lumber exports match US in Sept

I just read in today's Globe and Mail newspaper that lumber exports to China and Japan matched those to the US for the first time ever this past September. This is a very significant event for the Canadian forest industry and if the trend continues, could help us decrease our reliance on the US market. Most economic reports I've been reading point to continued growth and expansion in Asian countries, which bodes well for lumber and other commodities like copper and agriculture crops.

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