Report from North America
PEFC demands that LEED include certification systems other than FSC The Programme for the Endorsement of Forest Certification (PEFC) has joined US-based forest certification systems in their call for certification systems other than the Forest Stewardship Council (FSC) to be included in LEED.
The green building rating and certification programme LEED (Leadership in Energy and Environmental Design) has grown tremendously in recent years in both the US and Canada. The LEED Certified Wood Credit has been undergoing a process of revision for about two years. At the centre of this process is the USGBC forest certification benchmark that, if the revision is approved, will be used to judge which forest certification systems are worthy of recognition under the LEED Certified Wood Credit.
The PEFC argues that by recognizing only FSC-certified wood, LEED does not appreciate the wider benefits of building with wood. More than two thirds of the world’s certified forests are PEFC-certified. National standards organisations from Australia, Canada, Denmark, Finland, Germany, Ireland, Italy, Malaysia, the Slovak Republic, Spain and the UK have joined the PEFC umbrella organisation’s call.
Remodelling spending to increase by the end of 2010 The Joint Centre for Housing Studies at Harvard University released the Leading Indicator of Remodeling Activity forecast until the first quarter of 2011. Spending is expected to grow by 5% on an annual basis in the last quarter of 2010 and by 12% in the first quarter of next year.
US tropical timber imports Total US imports of tropical hardwood lumber in the January to May period this year was nearly the same as in 2009 (+1%). There has been no significant recovery since the downturn in imports in 2008 and 2009, except in a few species. Red meranti, jatoba and teak all posted large gains compared to the same time period last year. Imports of balsa from Ecuador, acajou d’Afrique and ipe were also higher than in year-to-date May 2009.
There has also been little change in hardwood moulding imports from 2009. The US imported US$71 million in year-to-date May 2010, 4% less than in the same period last year. Both jatoba and ipe moulding imports from Brazil remained below 2009 values at US$9.5 million (- 23%) and US$2.1 million (-25%), respectively. Cumaru moulding imports from Brazil were down at US$1.9 million, a decline of 8% from last year. Cumaru moulding imports from Peru continued increasing, totalling US$1.2 year-to-date May 2010.
January to May 2010 imports of hardwood flooring were 60% below the same period in 2009. The largest drop has been in imports from China, down 79%. Hardwood flooring imports from Brazil were US$959,000 (-26%), while imports from Malaysia were US$868,000 (-31%). Indonesian flooring exports increased to US$226,000 by May 2010, up 38%.
Market trends Hardwood demand from flooring producers remains strong. Markets are relatively robust for a range of products: residential flooring, sport floors and truck bed floors. For millwork and moulding manufacturers business continues to be slow. Especially demand for high-end architectural millwork has not recovered since the recession.
In general, many US customers tend to replace more pricey hardwoods with less expensive alternatives, which is affecting demand for tropical species such as mahogany. However, demand for tropical timber traded in Euro makes an exception, given the depreciation of the Euro against the US dollar.
There has been little movement in prices since June. Price increases for ipe seem to have slowed for the time being, but European demand for ipe remains high and supplies are thin.
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