COMPANY
CONTACTS
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Legend International Development Pte Ltd
Trading Company
1 Goldhill Plaza, #03-31 Podiu, ; Singapore
65 6 2587877
Timber, Rattan, Crop
WHALE COMPANY LIMITED
Trading Company
85(3rd Floor), Hledan Street, Kamaryut Township, ; Yangon, Yangon, Myanmar, Myanmar
95 1 535697
Agriculture, Marine, Timber
supreme concept Inc
Trading Company
13, Bishop Crowder Street Off Akerele Road Surulere, Lagos, Lagos State, Nigeria
234-01-4368407
Cocoa, Timber, Rubber
C-505, Veena Nagar, S.V.Road, Malad(W),, ; Mumbai, Maharashtra, India
91 9833065015
Timber, vegetables, fruit.
bizworld
Manufacturer
318c, Lorong Selangor, Pusat Banadar Melawati, Kuala Lumpur, Malaysia
60-3-41075000
Cocoa, Cashew, Timber

Lumber Rebound Awakens Timber Market From Long Slumber

(collapsable)→
Thu, 20 Jan 2022 04:04:00

Record lumber prices and cardboard production are starting to lift southern timber prices from their yearslong slump.

Wet weather has helped, too. A lot of woodlands are too mushy to log, putting a premium on trees that can be harvested from dry ground.

Analysts, foresters and timberland owners say it is still too early to call an end to the timber bust and recovery is uneven, absent in areas far from mills. But the average price in the South for pine trees used to make lumber hasn’t been higher in more than a decade.

Saw timber rose to $26.44 a ton during the fourth quarter, according to TimberMart-South, a pricing service affiliated with the University of Georgia’s forestry school. Though saw timber prices have bounced 18% from the 50-year lows of summer 2020, they remain well below the $40-plus that big logs fetched two decades ago. 

“Prices are trickling up,” said Jody Strickland, chief business officer at F&W Forestry Services Inc. “All these weather events we’ve been having and the shortage of labor have led the mills to have trouble keeping inventory.”

The hot housing market and weather-related problems producing lumber in British Columbia pushed southern yellow pine two-by-four prices to records this week around $1,500 per thousand board feet, according to lumber pricing service Random Lengths. 

Meanwhile, cardboard boxes have never been more in demand, thanks to the rise in e-commerce during the pandemic. The American Forest and Paper Association said this week that U.S. production of containerboard, which is used to make shipping boxes, reached a new high in 2021, up 5.6% from the year before. 

Prices for lower grades of pine timber, such as the young, thin and knotty trees that are pulped for paper and cardboard, have climbed even more sharply than saw logs, rising by about a third since summer 2020, according to TimberMart-South. Hardwood, which comes from deciduous trees and is used for flooring and furniture, is also up.

Forest2Market Inc., a company that tracks timber sales in the region, said the weighted average price paid to southern landowners for all types of timber rose 21% over the past year to its highest level since late 2007, just before a speculative housing bubble burst and the mortgage market unraveled.

The housing bust ruined demand for lumber just as a lot of trees planted in the 1980s with government subsidies reached maturity. The surfeit of ready-to-cut trees sent prices for one of the region’s top cash crops plummeting and soured timber investments for thousands of Southerners and institutional investors alike.

The renovation and housing booms that were ignited by the pandemic sent lumber prices soaring to new heights, but failed to lift the fortunes of timber growers, such as Joe Hopkins, whose family business has about 70,000 acres of slash pine along the Okefenokee Swamp in southeast Georgia.

Mr. Hopkins said that there was a significant jump in what he was paid for trees late last year and that prices have remained strong so far this year thanks to all the rain that fell on the South in 2021. 

Joe Hopkins’s family business has about 70,000 acres of slash pine in southeast Georgia.

Photo: Charlotte Kesl

“The first time lumber went extremely high we did not get a bump in price because it was dry,” he said.

Mills tend to increase purchasing during periods of inclement weather to ensure they don’t run out of raw material if loggers are unable to work. “The last thing they want to do is run out of wood,” said Joe Clark, Forest2Market’s global sales manager. 

Sawmill owners including West Fraser Timber Co. and Interfor Corp. have earned record profits cutting cheap pine trees into high-price wood products and have used some of the cash to buy more mills in the South and boost output. More productive mills should mean better prices for growers sooner than had been expected a few years ago.

Tom Sarno, global head of timberland investments at Manulife Investment Management, which oversees about $11.5 billion worth of woodlands in the U.S. and five other countries, said the investment in mills should bring Southern timber supply and demand into balance this decade. 

That in turn, he said, is driving investor interest in timberland, traditionally considered a hedge against inflation and increasingly used to generate carbon-offsets, which are created when companies pay landowners not to cut down trees in order to make up for corporate greenhouse-gas emissions.  

“We expect to be buying substantial timberland assets this year,” Mr. Sarno said. “We have the capital and confidence from investors.”

Demand for lumber has skyrocketed during the pandemic, sending prices to all-time highs. This video explains what’s driving the lumber boom, who’s profiting, and why those growing the trees aren’t reaping the benefits. Illustration: Liz Ornitz/WSJ (Video from 4/19/21)

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Write to Ryan Dezember at ryan.dezember@wsj.com

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VIBU VENTURES
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53, First Floor, C47, Anna Nagar Plaza, II Avenue, Anna Nagar, Chennai, Chennai, Tamil Nadu, India
91-44-26211171
Raw cashew nut, pulses, timber
GRACE COMPANY
Box 11196, Douala, Littoral, Cameroon
237-9611-6618
Cocoa And Coffee, Timber / Brookers, Manpower
wanebe associates limited
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Bp 3044, Abidjan, Abidjan District, Cote D'Ivoire
225--09733671
Coffee, Timber, Cocoa
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8 Mobile Avenue Benin City, Benin, Ogida / Edo, Nigeria
234-80764464-54
Timber, Saw Dust, Charcoal
Hcr 62 Box 3342, Pittsburg, Oklahoma, United States
1 918-569-4413
Timber, goats, cattle
No 5 Bishop Anyogu Str. Uwani Enugu Nigeria, Enugu, Nigeria South East, Nigeria
234-042-255798
Peaunuts (Kenels) , Red Oil (Palm Oil) , Timber / Timber Products
Victory Concept Services
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133/137 Ojo Road, Ajegunle Lagos, Nigeria, Lagos, Lagos, Nigeria
234-01-4732371
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TRANSWORLD MARKETING
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Liberty Street, Akwa, Cameroon
237-334-3008
Timber, Tropical Products, Ginger
SIGHTFULL 1077 CC T/A DEKO TIMBER PROJECTS
103 Main Street, Howick, Kwa Zulu Natal, South Africa
27-033-3304414
Timber, logs, sawnboard
JOEVON COMPANY LTD
Trading Company
78, Mission Road, Benin-City, EDO State, Nigeria, Nigeria
234-052-250342
Agricultural Product, Furniture, Timber
Shyam Tea Company
Manufacturer
B-366 Lok Vihar, Pitampura, ; Delhi, Delhi, India
91 11 27312802
Black tea, apparel, timber
royaleagle integration ltd
Trading Company
28 Fuham Street, London, Fuham, Nigeria
234-8035-441763
Cassava, palm oil, timber
Siddhi Import Export
Partnership
4 Cappa Avenue, Ilupeju, Lagos, Nigeria
234-1-7615561
Raw Cashew Nut Supplier, Split Ginger From Nigeria, Seasame Seeds From Nigeria, Coco From Ivory Coast, Gum Arabic From Nigeria, Timber, Metal Scrap
Bremart Ltd.
Agent
Flat A,7/F., Wing Chai Industrial Bldg.,27-29 Ng Fong Street, San Po Kong, Kowloon, Hong Kong
852--65028018
Coconut fiber, rattan, timber
INFINITY ASSET MANAGEMENT LTD
Corporation/Limited Liability Company
No. 1 Farndreg Close, Dundalk, County Louth, Ireland
353-42-9354833
Cocoa Nibs, Cocoa Seed, Cashew Nuts, Cassava Chips, Yam Tuber, Kernel, Kola Nuts, Timber / Planks, Palm Oil, Crude Oil, Ipmportation Of Used Cars, White Kidney Beans, Red Kidney Beans, Black Beans, Yellow Kidney Beans, Black Kidney Beans
Ima Hall Road, Wellington Bazaar,, Coimbatore, Tamil Nadu, India
91-0423-2232310
Timber, Consumables, Vegetables
Specilaized Trading & Investments Co.
Corporation/Limited Liability Company
Al-Jizza Street, Amman, Airport Road, Jordan
962-6-4460300
Steel, Specilaized Steel, Timber / Wood Products
PBI Holdings (S) Pte Ltd
Distributor/Wholesaler
2 Finlayson Green, Asia Insurance Building, #10-07, ; Singapore
65 92370362
Sugar, timber, logs, coal, cement, iron ores, high-speed diesel, sludge oils, light crude oils, lpg, lng.
Mekong Group
Manufacturer
120 Ly Tu Trong Street,, ; Cantho City, Vietnam, Cantho, Vietnam
84 71 833341
Rice, Fragrant Rice, Round Logs, Timber, Eucalyptus, Keruing, Yellow Balu, Hard MLH.
Jilanjo Ltd
Manufacturer
P. O Box 23482, ; Dar-es-salaam, Tanzania
255 222 875423
Tea, timber
Win San Pte Ltd.
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Blk 111 North Bridge Road, # 27-01/02, Pennisula Plaza, Singapore, ; Singapore
65 62602090
Rss rubber, timber, beans
Quality Built
Trading Company
Verahe St Gordons, ; Port Moresby, NCD, Papua New Guinea
675 3233210
Vanilla, timber, stationary, agricultural products, spices
Exotic Fashion Wear
Individual (Sole proprietorship)
85 Kazi Nazrul Islam Avenue, Dhaka, Dhaka, Bangladesh
880-2-8111193
Garments, Leather, Jute, Timber, Accessories
Ijkal Investment Inc
Trading Company, Agent, Distributor/Wholesaler
21404 48th Ave. W E 201, Mountlake Terrace, Washington, United States
1-206-4288847
Used Clothing, Used Shoe, Timber, Rose Quartz Stone And Other Gem Stones
sc trust technology srl
Trading Company
Egialousis 41, Limassol, Romania
0040-72095-0565
Automobile, Industrial Robotics, Timber
Famola Agencies Ltd
Distributor/Wholesaler
19,oyekan road off bombay crescent apapa wharf, ; lagos, lagos, Nigeria
234 01 835753
timber,chacol,food item,cassava ,re- importation of sunglasses,used cars&buses,ball pen,used engine cuttlery,and general merchant.
K-Banda Inc.
Agent
Left Wing, Fourth Floor, Unit House, Victoria Avenue, ; Blantyre, Southern Region, Malawi
265 8 863889
Tea, Sugar, Coffee, Groundnuts, Soyabeans, Sunflower seeds, Toor dhall, Timber, Cashew nuts, Maize, Wheat, Pigeon peas
P.O.Box 11476,88816 Kota Kinabalu, Sabah,Malysia, Kota Kinabalu, Sabah, Malaysia
60-88-238119
Meat, reptile skin, timber, construction materials, latex gloves, used clothing, ostrich chiks
Noumea Timber
Agent
8 Rue De Bordeaux, Noumea, New Caledonia, New Caledonia
687--26.23.26
Timber
Bo Enterprise
Trading Company
51, Insein Rd,9 Quarter, Hlaing Township, Yangon, Yangon, Myanmar
95-1-512443
Photo Copiers, Shampoos, Precious Stones, Timber,
FA MARKETING SERVICES
Distributor/Wholesaler
65 Chulia St, Singapore
65--90906814
Timber, rice, sugar, sand, coal and various commodities
125 Howard Hts Road, Eureka, California, United States
1-707-445-2343
Timber, Pasture, Dirt
ETS BROWNWOOD
Partnership
2eme Etage, Immeuble Star, Yaounde, Centre Province, Cameroon
237-9-6553607
Timber
Web Investment Group
Trading Company
14 Solomenska St. , Office 65, Kiev, Ukraine
380-67-7944394
Consulting, Websites, Timber
14 / 49 Park Road, Cabramatta, Nsw, Australia
61-02-97260977
Agriculture, Timber, Building Material
Osho Enterprises
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Kimbra Street, Madurai, Tamil Nadu, India
91-462-2456789
Logs, Timber
Societe Trade Equatorial Wood
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241--06633773
African Logs, Timber
LIPO Trading INC,.
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12f. No 170-6 Suwei 4th Rd. Linya Dist., Kaohsiung City Taiwan, Taiwan
886-7-2693038
Timber / Plywood / Lumber Core, Coffee Bean, Human Resource M
starsky
Trading Company
1 Tanjong Pargar Road, Singapore
65--63752211
Timber, Coconut Fiber, Furniture
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Manufacturer
45 Nkruma Street, Accra, Accra, Ghana
233-24938-0724
Coffee, Cocoa, Timber, Nuts & Kernels
Jln Setia, Kl, Wilayah, Malaysia
60-3-41087172
fertilizer,timber,palm oil
Plot 177 Omole, Ikeja, Lagos, Nigeria
234-806-2280575
Timber, Cocoa, Coffee
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Trading Company
12 Ronnie, ; London, United Kingdom
44 0208 514 1475
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60 3 42965179
Gum arabic, cocoa powder, palm oil, wood/timber, canned food, furniture, elctrical, computer parts, agriculture stock
GoodFight Int'l Ltd
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145-157 St John Street, ; London, United Kingdom
44 207 5588261
International trading, brokerage, textile, timber, hardwood, plywood, briquets for industrial use (boilers, ovens, etc), cotton, granite and marble, pre-fabricated houses, frozen juices
TYL Garments Enterprise
Distributor/Wholesaler
No 43 Jln Bu11/12 Bandar Utama, ; Kuala Lumpur, Selangor, Malaysia
60 012 9800520
Timber, laminated floorboards
Masson Exports
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72- Upper Bazar, ; jammu, Jammu and Kashmir, India
91 191 2578393
We supply n trade in Gift items, Herbs, pharma, clothing, hand tools, Rubber product, timber, Jewellery, Marbel products from India.
JCI Resources Pte Ltd
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111 North Bridge Road, Unit 07-03 Peninsula Plaza,, ; Singapore
65 6 5679907
Construction material, timber, tobacco
World Trade Argentine Export Consortium
Manufacturer
Peru 420, ; Capital Federal, Buenos Aires, Argentina
54 11 47983679
Export and Imports of several products: Honies, Textiles, Charcoals, Wines, Fruits, Vegetables, Wood/Timber, others.
Green Gulf General Trading L. L. C.
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Zide Road, ; Dubai, United Arab Emirates
971 4 3215175
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Ac oil group nig ltd
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235 Ziks Avenue Enugu, Enugu , Enugu, Nigeria
234- -8039332416
Palm Oil, Coconut Oil, Timber
101 Convention Center Drive Suite 700, ; Las Vegas, Nevada, United States
1 559 351.8999
Crude oil, jet fuel, d2, Brazilian sugar, organic fertilizer, timber
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60-03-76602606
Bio Diesel, Timber
ROYALELIM COMMERCIAL SARL.
Agent
Rue Du Seminal Lome 11, ; Lome, Lome, Togo
228 920 0298
Nigeria bonny light crude oil, cashew nuts, timber, palm oil, lead ore, zinc ore,
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Trading Company, Agent
Tsimiski 131, Thessaloniki, Greece
30--6947701991
Metal Scrap, HMS 1 And 2, Titanium Dioxide, Timber, Pet Coke,
66, South Boag Road, Chennai, Tamil Nadu, India
91-44-42604494
Paints, Timber, chemicals
Asiegbu Oil
Manufacturer
258 Ajamgbadi Lagos, Lagos, Nigeria
234-234-+2348039332416
Palm Oil, Soya Bean Oil, Timber
4 Ogboru Street, ; Warri, Delta State, Nigeria
234 01 8511261
Carbon black, timber, cashew nuts
Kaluga Foods Company
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Vilonova 5, ; Kaluga, Russian Federation
7 0842 575383
Timber, organic fertilizer
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20 Fieldwick House, Homerton, London, United Kingdom
44-208-9857699
Timber, agricultural equipment, computers
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Buying Office
273 Bt Batok East Ave 4, Singapore
65--65693759
Computer, timber, furniture
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4b Jubilee Rd Magodo Gra Ketu, Ketu Lagos, Lagos, Nigeria
234-01-8964995
Used Computer Hardware, Fresh Fruits, Timber
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8 Jalan Keruing Taman Kebun Teh, Johor Bahru Johore 80250 Malaysia , Johor, Malaysia
60-7-3333995
Fuel oil, d2, jetfuel, timber, computers, aquarium, fresh pineapple, crambola, star fruit, dragon fruit, mangosteen
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Distributor/Wholesaler
29 mayo st, Singapore
65-629-22635
Computers, Reptile Skins, Commodity, Timber
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107 Hitchin Road, Luton. Lu2 0ew, ; Luton, United Kingdom
44 01582 705329
Timber, computers, business advisory
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2613 Kam Ping House, Long Ping Estate, Hong Kong
852--67734271
Agricultural By-Products, Mainly Seeds & Grains,Timber ,Timber By-Products ,Floor Tiles, Planks & Sawdust.
NUDAN W. WORLD INVESTMENT LTD
Individual (Sole proprietorship)
7 Ugua Uku, Kano, Kano, Nigeria
234-80-54370400
Palm Oil, Soybean, Cassava Chipss, Cocoa Beans, Timber
Legend - De Ltd
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51 Remi Fani Kayode Avenue, G. R. A. Ikeja, Ikeja, Lagos, Nigeria
234-1-8181751
Charcoal, Timber, Sorghum
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Trading Company
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60-84-334757
Timber
Oklahoma Oak
Manufacturer
PO Box 1276, ; Stillwater, Oklahoma, United States
1405 413 5523
Timber, oak, walnut, hickory logs
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Trading Company
Setapak, Kuala Lumpur, Malaysia
6012-334-6088
timber, oil palm
Innavest Sdn Bhd
Partnership
Street Palas 2g, Lot 69, No. 23, Taman Jindo Phase 7, Lintas, Kota Kinabalu, Sabah, Malaysia
60-088-422480
Dried Food, Timber, Construction
Yindu Garden, No.1, Zhanghua Rd., Qingdao, Shandong, ; Qingdao, Shandong, China (Mainland)
86 532 8889200
Antique furniture, timber, plank, stone, marble, chemical products
Multiconcepts Ltd
Manufacturer
Pleskodales 16, ; Riga, Latvia
371 6763375
Firewood, timber, wood
115 Skyview Drive Apt. 5, Titusville, Pennsylvania, United States
1-570-916-9816
Logs, Timber, Hardwood
Future Design
Distributor/Wholesaler
Al Ghusais, Mozna Building M6, Dubai, United Arab Emirates
971-50-7284146
Timber, Teak, Sapelli, Iroko
HOMELAND ENTERPRISES LTD
Agent
P. O Box 1202 Honiara Solomon Islands, Honiara, Malaita Province, Solomon Islands
677-213-28089
Timber, Fish Meal, Teak, Ross Wood
tradeworth
Agent, Distributor/Wholesaler
62, Metro Park, Kuching, Sarawak, Malaysia
60-082-422241
Urea N46% , Crude Palmoil & By Products, Diesel, Timber
P. O. Box 9218, Qingdao,266021, Qingdao, Shandong, China
86-532-85627395
Antique furniture, timber, log, stone, marble, granite, waste paper, waste plastic, waste metal, bitumen
Meranti Borneo
Distributor/Wholesaler
Pondok Karya 72, Jakarta, Jakarta Raya, Indonesia
62-021-7190703
Used Oil Drilling Equipment, Timber
bellaton
Trading Company
Malmi 6b, Johvi, Ida-Virumaa, Estonia
372--5048053
Timber, Building
van Veen
Individual (Sole proprietorship)
Torenstraat 36 B, Den Haag, Netherlands
31-70-3925025
Timber, Lumber, Seeds, Wood, Lamella
PROJECTS CONSTRUCTION COMPANY WLL
Buying Office
Avenue 7, Sitra, Manama, Bahrain
973-17-731298
Steel, Timber,
Cidral & Cidral Ltda
Agent
Rua Marechal Deodoro 869 14 Andar Centro, ; Curitiba, Paran? id=, Brazil
55 41 33228228
Wood, plywood, tiles, tropical woods, timber, decking, flooring, moldings, s4s, s2s, furniture, kitchen cabinets,
Asia International Company
Manufacturer
Jr Tacna 3682, Lima, Lima, Peru
51-1-5675921
Timber, Plank, Flooring, Tiles
Cv. Surya Jaya Trading
Manufacturer
Ruko Klampis Megah C6-C7, Surabaya, Propinsi Jawa Timur, Indonesia
62-31-5922566
Flooring, Decorative Materials, Panelling, Lumber, Timber, Decking
Madera San Miguel
Manufacturer
Avenida Tres Pasos Al Frente, Santa Cruz, Bolivia, Bolivia
591-3-3643837
Decking flooring, timber, flooring
ultravox
Manufacturer
Matei Basarab, ; Rm. Valcea, Romania
40 0250 734162
Furniture, garden furniture, little furniture, Windows, Inside doors, Outside doors, Parquet, Wood cover from walls, timber
Overseas Enterprise
Trading Company
716 Dalamal Tower Nariman Point, ; MUMBAI, Maharashtra, India
91 22 55750791
Plywoods, mdf boards, chipboards, door, timber, logs
cv.dadi jaya bali
Manufacturer
Jl. Tunjung Sari Gg. Kenanga I/1 Bali, Denpasar, Bali, Indonesia
62-361-7489620
Timber,Wood,Construction
Efurnitrade
Trading Company
Jl. Tebet Timur Raya No.45, ; Jakarta, Jakarta Raya, Indonesia
62 21 86613325
Wood, timber, flooring
D. No : 33-22-1, Visalandhra Road, Chuttugunta, ; Vijayawada, Andhra Pradesh, India
91 866 2431381
Timber
Lazurj
Manufacturer
Bauska 7 C, ; Jelgava, Latvia
371 30 07140
Wood material, lumber, door, window, floorboard, pine lining, manufacturer, profile materials, timber
PT.Aman Timber
Manufacturer
Block 10b, 12-07, Braddell View, Singapore
65--62640626
Timber, Meranti K / D, Floorings
Forestal MBM Ltda.
Manufacturer
Valdivia 158-Oficina 2, Los Angeles, Viii Region, Chile
56-43-630788
Construction, Timber, Wooden Pallets, Wooden Doors And Windows, Hardwood To Flooring.