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B.C. lumber sales to China falling rapidly

 

The log yard at the West Fraser Timber sawmill in Quesnel, B.C. - The log yard at the West Fraser Timber sawmill in Quesnel, B.C. | JOHN LEHMANN/THE GLOBE AND MAIL

B.C. lumber sales to China falling rapidly

DAVID EBNER

VANCOUVER— From Wednesday’s Globe and Mail

 

Sales of British Columbia lumber to China have begun to plunge, a startling reversal from the boom forest products companies enjoyed through much of 2011.

The lumber industry predicts additional growth in 2012 but the current situation is difficult. Inventories of wood are still piled up in China amid a weakening construction market there, sapping demand for B.C. lumber.

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