diciembre 2020 – Página 16

China’s Jilin turns ice-cold resources into hot-spot industry

CHANGCHUN, China, Dec. 30, 2020 /PRNewswire/ — With the goal of building a world-class ice and snow tourism destination, Jilin Province in northeast China aims to build a high-quality snow and ice tourism industry, promote the integrated development of snow and ice related industries, build a strong snow and ice economy, and realize the transition from ice and snow industry to economy, turning the «cold resource» of ice and snow into a…

Taking advantage of the opportunities brought by the Beijing 2022 Winter Olympics, Jilin has actively promoted the brand building of «Winter Olympics in Beijing, Experience in Jilin«, further promoted the popularization of ice and snow sports, and strengthened the influence of a series of ice and snow activities such as Vasaloppet China International Skiing Festival, national winter swimming invitational tournament, Songhua River International Winter Dragon Boat Race, Chagan Lake winter fishing festival, etc. The province has launched nearly 300 snow and ice related culture, tourism, sports, trade, education and other events.

Jilin has comprehensively promoted the development and upgrading of ice and snow sports, equipment manufacturing, ice and snow tourism services and other industries, creating «smart ice and snow» and promoting the diversified dissemination of ice and snow elements in Jilin. As the only snow themed expo in China, Jilin International Snow and Ice Industry Expo has been held for five times, with an accumulated more than 1,500 participating brands, 466,000 visitors and a total on-site turnover of 852 million yuan.

In the new snow season, Jilin has planned 32 ice and snow tourism boutique routes, and launched 28 preferential policies such as issuing ice and snow consumption vouchers, which has driven the hotel occupancy rate around the ice and snow scenic spots to more than 85%, the passenger flow of surrounding shopping malls up by 12%, and turnover up by 9.5%.

Jilin Province, located between 41 and 46 degrees north latitude, is one of the «world’s three powder snow bases», concentrating all the natural advantages of powder snow, frozen lake, rime and hot spring in developing snow and ice economy. After several years of efforts, the province has developed a new development path based on ice and snow tourism, sports and culture, and formed a «3+X» full industrial chain supported by ice and snow equipment manufacturing, trade, transportation, intelligence, talents, etc.

In the meantime, Jilin has actively promoted the construction of the «Ice and Snow Silk Road», with Jilin as the core, based in northeast China and facing Northeast Asia, and has strengthened cooperation and exchanges with the ice and snow countries along the Belt and Road, with a view to building the northeast region of China into a highland of China’s ice and snow economy and building a world ice and snow economy comparable to Europe and North America.

Jilin’s total snow trails cover an area of 1,050 hectares, accounting for about 20% of the country’s total, ranking first in China. Its resorts have the best natural conditions and competitive quality in Asia. It also boasts the world’s fourth, Asia’s first all-weather standardized ski training course. During the 2018-2019 snow season, the province received 84.3 million tourists and an revenue to 169.8 billion yuan (26.2 billion U.S. dollars) in ice and snow tourism, up 62% and 86% respectively from five years ago, winning the market recognition of «Jilin leading the development of China’s ice and snow industry».

View original content:http://www.prnewswire.com/news-releases/chinas-jilin-turns-ice-cold-resources-into-hot-spot-industry-301199266.html

SOURCE Jilin Provincial Department of Culture and Tourism

Governments’ Focus on Curbing Urban Air Pollution to Propel Adoption of Sensor and IoT Technologies in Air Quality Monitoring Equipment Market: TMR

ALBANY, N.Y, Dec. 30, 2020 /PRNewswire/ — Range of air quality monitoring systems have come to the fore to enable government agencies and industry stakeholders to manage the deteriorating the quality of air, especially in urban spaces. New sensor and IoT-based technologies have made inroads which have transformed the way the particulate matter (PM) and hazardous gases…

A growing number of agencies are collaboratively working to introduce portable sensor systems and devices, notably non-regulatory monitors.

Measuring air quality is especially challenging to stakeholders in low- and middle-income countries, the reason having to do with the inaccessibility of technologies and remoteness of the areas. To this end, research analysts opine, players should adopt innovative technologies such as drone to gather health data. Further, commercial and industrial environments mandate that public health issues arising out of environmental pollution must be addressed with seriousness. The advent of novel technologies such as air sensor technologies is expected to expand the horizon for stakeholders in the air quality monitoring equipment market.

The global the air quality monitoring equipment market is projected to rise at CAGR of ~8% from 2019 to 2027, and reach worth of ~US$ 7.2 Bn by 2027.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17072

Key Findings of Air Quality Monitoring Equipment Market

Of the various types, outdoor air quality monitoring equipment is seeing rapid adoption
Of the various application areas, air quality monitoring equipment is seeing substantial uptake in industrial segments
Asia Pacific is the leading regional market
North America and Europe are expected to see remarkable rise in avenues during the forecast period

Explore 201 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Air Quality Monitoring Equipment Market (Type: Indoor Air Quality Monitoring Equipment [Fixed Equipment and Portable Equipment] and Outdoor Air Quality Monitoring Equipment [Fixed Equipment and Portable Equipment]; Component: Hardware [Transmitters, Sensors, Power Adopters, Displays, Meters, and Others] and Services [Installation & Maintenance and Training & Support]; Gas: Nitrogen, Oxygen, Carbon, Ozone, and Others; and Application: Industrial [Mining, Energy & Power, Petrochemical, Construction, Food & Beverages, and Others], Commercial [Schools, Offices, Shopping Malls, Hospitals, and Others], and Residential) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/air-quality-monitoring-equipment-market.html

Air Quality Monitoring Equipment Market: Key Driving Factors and Promising Avenues

The drive for air quality monitoring equipment market comes from the rising health concerns of harmful particulates in air. The growing focus of governments toward addressing public health issues arising out of urban pollution is a key factor in this regard. Air quality also affects workplace productivity significantly, hampering the economic growth of countries.
Low-cost sensors and portable monitoring equipment are changing the growth dynamics substantially. Manufacturers are leaning on introducing IoT devices to meet the needs of regulatory-grade data for pollution in countries.
Integration of AI has expanded the capabilities of air quality monitoring equipment, thereby opening new avenues in the air quality monitoring equipment market.
Industries and commercial establishments are increasingly adopting portable air quality monitors with high accuracy. For instance, industries are adopting ambient air quality monitoring equipment.
Growing launches of new-generation air quality monitoring equipment is also opening value-grab opportunities for manufacturers in the air quality monitoring equipment market.
Growing number of smart city projects is expanding the canvas for equipment manufacturers and vendors to capitalize on avenues. Countries such as the U.K., India, and the U.S. are the forefront of the trend of adopting advanced air quality monitoring for smart cities.

Analyze global air quality monitoring equipment market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Air Quality Monitoring Equipment Market: Competitive Dynamics

Regionally, Asia Pacific dominates the global market. Various environmental protection agencies in the region are leaning on improving the technologies used for monitoring of air quality. Rising numbers of air quality monitoring stations in emerging economies in Asia Pacific are also fueling the growth of the regional market. Also, in recent years, several manufactures have shifted the attention to the region, given the growing number of smart city projects undertaken by governments in the region. A large chunk of the demand for Asia Pacific air quality monitoring equipment comes from industrial facilities.

Stringent implementation of regulatory is one of the key trend that is expected to keep North America and Europe lucrative regions in the global air quality monitoring equipment market.

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=17072

Explore Transparency Market Research’s award-winning coverage of the Global Electronics & Semiconductors Industry:

Ultrasonic Testing Equipment Market – The global ultrasonic testing equipment market is projected to expand at a significant rate during the forecast period, due to increasing demand for use of the weld technology in oil and gas pipelines.

Spectrum Analyzer Market – The global spectrum analyzer is projected to expand at a significant growth rate during the forecast period, due to the increasing adoption of wireless spectrum analyzers.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Press Release Source: https://www.transparencymarketresearch.com/pressrelease/air-quality-monitoring-equipment-market.htm

Blog: https://tmrblog.com/

View original content:http://www.prnewswire.com/news-releases/governments-focus-on-curbing-urban-air-pollution-to-propel-adoption-of-sensor-and-iot-technologies-in-air-quality-monitoring-equipment-market-tmr-301199260.html

SOURCE Transparency Market Research

ACWA Power signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

RIYADH, Saudi Arabia, Dec. 30, 2020 /PRNewswire/ — Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

<div…

ACWA Power signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Key agreements signed by ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants in high growth markets, included the signing of the Investment Agreement with the Government of the Republic of Azerbaijan, represented by the Ministry of Energy. ACWA Power also signed the Power Purchase Agreement and Transmission Connection Agreement with «Azerenerji» OJSC, the national electrical power company and off-taker for the project.

As the first foreign investment based independent wind power project in Azerbaijan structured as a public-private partnership, the plant will contribute to reach Azerbaijan’s target of 30% of renewable energy capacity by 2030. Once complete, it will power 300,000 households. 400,000 tonnes of emissions will also be offset each year.

H.R.H. Prince Abdulaziz Bin Salman Al Saud, Saudi Minister of Energy, said: «The Kingdom of Saudi Arabia and Azerbaijan enjoy long-term diplomatic and economic relations, and cooperation between the two countries has been strengthened recently through their participation in OPEC+. Azerbaijan, along with other member countries played an important role in promoting stability in global oil markets. We appreciate Azerbaijan’s efforts to fulfil its obligations under the Declaration of Cooperation, and the high level of compliance it has achieved.»

His Highness also expressed his confidence in the role that ACWA Power will play in promoting and expanding the cooperation between the Kingdom of Saudi Arabia and the Republic of Azerbaijan, and in supporting the efforts of the Azerbaijani government to meet its national needs of electric energy feasibly, economically and in adherence to international standards.

His Excellency Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan stated; «The signing of Agreements and implementation of the Project is an indication of the confidence in the business climate in Azerbaijan and will mark a next stage of economic cooperation between our countries. I am confident that after «ACWA Power» other companies from Saudi Arabia will follow suit and will invest in Azerbaijan. Concerning the importance of this project for Azerbaijan, I would like to stress that in addition to being first ever foreign investment based IPP, the wind power station annually will help to generate 1 billion KWh electricity, saving up to 220 million cubic meters of gas, cutting down on 400,000 tons of emissions annually, create new jobs and new production and service areas.»

ACWA Power’s global expertise in delivering transformative solutions at an affordable cost, will strongly support Azerbaijan in realising its renewable energy development goals.

Mohammad Abunayyan, Chairman of ACWA Power shared his sentiments on the occasion, saying: «The signing of three key agreements today is a significant milestone and a strong step towards unlocking the renewable energy potential of the Republic of Azerbaijan. ACWA Power is honoured to partner with the Ministry of Energy, in Azerbaijan and the national electric power company «Azerenerji» OJSC to develop the first foreign investment based independent wind power plant.»

«ACWA Power continues to leverage its global expertise and capabilities to deliver large scale renewable projects that bring sustainable, socio-economic benefits to communities and markets where we operate,» Abunayyan added.

Abunayyan also reaffirmed that the agreements signed today will contribute to Azerbaijan’s ongoing efforts to deploy renewable energy and provide a better future for upcoming generations. Through diversifying the Azerbaijani energy mix at affordable costs, ACWA Power will support the Azerbaijani government’s plans to achieve its renewable energy targets.

Mr. Balababa Rzayev, President of «Azerenerji» OJSC said; «According to the contracts to be signed, connecting the 240 MW power plant to be built by the company to the grid and purchasing the power to be generated by the plant will be performed by «Azerenerji» OJSC. The implementation of this project will stimulate the development of our national economy, play an important role in ensuring the energy sustainability in our country, allow for saving the gas, which is our natural resource, and have a positive impact on the environment.»

View original content:http://www.prnewswire.com/news-releases/acwa-power-signs-three-agreements-for-the-first-foreign-investment-based-independent-wind-power-project-in-azerbaijan-301199258.html

SOURCE ACWA Power

GAC MOTOR Affirmed Through Awards from Two Middle East Media Powerhouses, Boosting Its Reputation and Firepower for Future Development

GUANGZHOU, China, Dec. 30, 2020 /PRNewswire/ — Recently, GAC MOTOR received back-to-back awards from two prominent media bodies in the Middle East — Professional Automotive Vertical Media Arabs Turbo and the Fashionable Lifestyle Media Al Qiyady conferred the «Most Recommended SUV» and «Best Model Of The Year» awards respectively. With such strong affirmation of its brand, GAC MOTOR has experienced boosts in both its sales figures and reputation in the Middle Eastern…

Affirmation from Professional Automotive and Leading Lifestyle Media Bodies in the Middle East

Having invested strategically in the Middle Eastern market over the years, GAC MOTOR has built up a strong brand reputation through products of high-quality and technology. As a result, GAC MOTOR has received accolades from authoritative media in the Middle East, one of which is the most influential professional automotive bodies — Arabs Turbo.

As the trusted source of information for consumers, Arabs Turbo’s website provides a wealth of information and professional analytical reports. Recently, they conducted comprehensive research on the popular SUV models in the Middle East market, and awarded the «Most Recommended SUV» to GAC MOTOR’s star SUV Model, the GS5. The award was based on strong all-round performance and gleaming results gleaned from the research.

Other than the professional automotive world, GAC MOTOR has also made inroads into the fashion circles. With its unique design and supreme driving experience, praise has also been received from the Middle Eastern Lifestyle Media — Focused on men’s lifestyles, the leading and prominent media Al Qiyady presented the GS5 with the «Best Model of the Year» award for 2020, based on its successful fusion of form and function, appearance and technology. They believe that this car carries the distinctive flavor of the successful career man.

GAC MOTOR’s GS5 - approved by individual car owners and professional organizations alike

Undoubtedly, the engine that is powering GAC MOTOR’s growth in the Middle East has been the favorable feedback from media and car owners. This year has seen the unrelenting introduction of GAC MOTOR’s blockbuster models, bringing a wide range of high-quality choices to the consumers. The UAE and Saudi Arabia markets posted glowing growing figures, in stark disregard of the gloomy pandemic situation. Moving forward, GAC MOTOR will continue to expand strategically into global markets, bringing this enjoyable automotive experience to customers all over the world.

Photo – https://mma.prnewswire.com/media/1393060/image.jpg

GAC MOTOR Affirmed Through Awards from Two Middle East Media Powerhouses, Boosting Its Reputation and Firepower for Future Development

Affirmation from Professional Automotive and Leading Lifestyle Media Bodies in the Middle East

Photo – https://mma.prnewswire.com/media/1393060/image.jpg

Naples Hotel Group opens TownePlace Suites in Downtown Orlando

ORLANDO, Fla., Dec. 30, 2020 /PRNewswire-PRWeb/ — The TownePlace Suites by Marriott near Downtown Orlando opened for business on December 17th. The new 110-suite…

ORLANDO, Fla., Dec. 30, 2020 /PRNewswire-PRWeb/ — The TownePlace Suites by Marriott near Downtown Orlando opened for business on December 17th. The new 110-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Downtown Orlando area. Located at 51 Columbia Street, it will operate as a Marriott franchise, owned by 51 Columbia Hotel Property LLC and managed by Naples Hotel Group of Naples, FL. The hotel is adjacent to the Hampton Inn & Suites, also operated by Naples Hotel Group.

The TownePlace Suites Downtown Orlando is located just one mile from Downtown and across the street to Orlando Regional Medical Center’s main entrance. The new hotel offers guests convenient access to Amway Center, the Dr. Phillip’s Performing Arts Center, and Lake Eola Park.

Unique to other TownePlace Suites, the location in Downtown Orlando features a custom Interior Design by ownership. The design inspiration was to emphasize a stylish and comfortable environment both on the interior and exterior surroundings. Upon entering the lobby, guests will be greeted with an inviting aesthetic of a warm color palette featuring soft neutrals and deeper tones, contrasting with pops of steel blue and muted turquoise. The decor pieces resemble different global influences appealing to the modern traveler. Elevated details like the built-ins and ceiling design parallel a residential design giving the hotel its home away from home vibe.

Ideal for travelers who need accommodations for more extended stays, this new property offers studio and one-bedroom suites with fully equipped kitchens, as well as separate living/working and sleeping areas. Guests can work and relax on their terms in modern suites that feature full kitchens with stainless steel appliances and granite countertops, adjustable workspaces with built-in shelves and lighting, a large flat-screen television, as well as luxurious new bedding.

The TownePlace Suites Downtown Orlando allows guests to maintain a healthy lifestyle with an array of food options and an on-property bar with light fare. While staying at the property, guests can create their own complimentary hot breakfast every morning in the lobby area and can fire up their stay by grilling up dinner on the outdoor Weber grills. The 24-hour In a Pinch® market and On Us® coffee service offer guests the chance to get their snack and caffeine on whenever they feel the need.

TownePlace Suites helps its guests stay organized on the road with its partner, The Container Store. While staying at the hotel, travelers can unpack their suitcases in a custom elfa® closet. From drawers to shelves to smart hanging space, you’ll find everything you need to make you feel right at home. Other hotel amenities include an outdoor swimming pool, a fitness center open 24 hours per day, a meeting room, laundry facilities, complimentary Wi-Fi throughout the hotel, and on-site business services, including copying, faxing, and printing. As a brand, TownePlace Suites recognizes that families may include more than just humans, which is why the TownePlace Suites Downtown Orlando is pet-friendly (fees may apply).

About Naples Hotel Group
Naples Hotel Group is a hotel development and management company based in Florida and prides itself on building long-term relationships with quality people and organizations. The Naples, FL hotel group specializes in Hotel Management and Development of upscale limited and select-service hotels. Naples Hotel Group has achieved superior results and has a proven ability to enhance hotels’ performance by using their experience, responsiveness, and extensive resources. To learn more, visit http://www.napleshotelgroup.com.

Media Contact

Brittany Bou-Sliman, Naples Hotel Group, 2392064273, brittany@napleshotelgroup.com

Twitter, LinkedIn, Facebook

SOURCE Naples Hotel Group

Journeying With Love – Heartfelt Stories of GAC MOTOR’s Car Owners From Around The World

GUANGZHOU, China, Dec. 30, 2020 /PRNewswire/ — GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media. These stories of passion, life, family, and dreams have touched base with the audience. As viewers relate to the contents, strong feelings are stirred, reminding them to share love and communicate wonder to one another.

<img id="prnejpgdbdaleft"…

Journeying With Love – Heartfelt Stories of GAC MOTOR's Car Owners From Around The World

Passionate and Purposeful, a University Professor Pursues His Dreams of Cross-Country Driving

A university professor has fulfilled his long-time «cross-country dream», with the help of GAC MOTOR. While others see him as a stoic academic, this professor has a passionate desire to seek out adventure. After owning GAC MOTOR’s flagship SUV the GS8, he finally embarked on this journey. The professor has since influenced his friends to purchase three GAC MOTOR cars, and continues to evangelize the brand to those around him.

A Dedication of Love, Expressed in a Birthday Surprise for a Daughter

The mother of a 22-year-old girl who was about to graduate decided to buy her daughter GAC MOTOR’s SUV the GS3, as a birthday present. After owning the GS3, mother and daughter have been enjoying driving the car.

Hitting His Soft Spot, An Environmentalist Makes a Green Choice

An environmentalist and his wife have always loved pursuing an active traveling lifestyle but want a minimal carbon footprint. Through GAC MOTOR’s new-energy model the GE3, they are now able to pursue the seemingly conflicting goals of protecting the environment and doing what they love – driving to exotic locations on a whim.

A Choice of Love – Family Bonding Over Weekends

This particular family of four has bought a star model – the GS5. They are seen camping in the wild, frolicking on beaches, enjoying sunrises on mountaintops. Each memory is indelibly etched into their minds. The GS5 is not just a car to them, but an integral part of their family, accompanying them every step of the way.

More of such stories continue to be added, communicating the warm reception to the brand. It is this favorable response from car owners all over the world, which drives GAC MOTOR to continue its steady development and progress. All of these will lead to an even better journey with GAC MOTOR into the future – one that contaPhons high-quality innovation, one that is driven with and by love.

Photo – https://mma.prnewswire.com/media/1393038/1.jpg

Journeying With Love – Heartfelt Stories of GAC MOTOR’s Car Owners From Around The World

<img id="prnejpgdbdaleft"…

Passionate and Purposeful, a University Professor Pursues His Dreams of Cross-Country Driving

A Dedication of Love, Expressed in a Birthday Surprise for a Daughter

Hitting His Soft Spot, An Environmentalist Makes a Green Choice

A Choice of Love – Family Bonding Over Weekends

Photo – https://mma.prnewswire.com/media/1393038/1.jpg

Journeying With Love – Heartfelt Stories of GAC MOTOR’s Car Owners From Around The World

GUANGZHOU, China, Dec. 29, 2020 /PRNewswire/ — GAC MOTOR recently released 4 touching stories of car owners on its channel, drawing widespread attention on social media. These stories of passion, life, family, and dreams have touched base with the audience. As viewers relate to the contents, strong feelings are stirred, reminding them to share love and communicate wonder to one another.

…

Passionate and Purposeful, a University Professor Pursues His Dreams of Cross-Country Driving

A Dedication of Love, Expressed in a Birthday Surprise for a Daughter

Hitting His Soft Spot, An Environmentalist Makes a Green Choice

A Choice of Love – Family Bonding Over Weekends

More of such stories continue to be added, communicating the warm reception to the brand. It is this favorable response from car owners all over the world, which drives GAC MOTOR to continue its steady development and progress. All of these will lead to an even better journey with GAC MOTOR into the future – one that contains high-quality innovation, one that is driven with and by love.

View original content to download multimedia:http://www.prnewswire.com/news-releases/journeying-with-love–heartfelt-stories-of-gac-motors-car-owners-from-around-the-world-301199237.html

SOURCE GAC MOTOR

Australia’s role as a hardwood chip supplier to China and Japan has dramatically diminished in 2020, with shipments having fallen by 38% from last year

STOCKHOLM, Dec. 29, 2020 /PRNewswire/ — Hardwood chip exports from Australia fell 14% from 2018 to 2019, the first y-o-y decline since 2012. Total exports equaled 5.7 million odmt, of which 63% was destined for China. Shipments in 2020 have continued to slide, with volumes during the first nine months being 38% lower than during the same period in 2019. In the 3Q/20, the estimated export volume reached its lowest level in almost seven…

Australia’s wood chip exports to pulpmills in China and Japan fell by 61% from their record-high levels in the 4Q/18 to the 3Q/20, and Australia’s share of total imports to the two countries declined from about 35% to 12% over the same period. Vietnam has increased its market share to almost 60% in the third quarter this year, the highest level in more than a decade. Other countries that have supplied hardwood fiber to Chinese pulpmills in 2020 include Chile, Thailand, Brazil, South Africa, Malaysia, and Canada. This group of smaller suppliers accounted for 21% of total imports in the 3Q/20, a slightly higher share than in the 3Q/19.

Not only has Australia’s role in the Asian chip market diminished, market prices for the country’s wood chips also declined in 2020. The average export price in the 3Q/20 was US$150/odmt, down four percent from the 3Q/19, according to Customs data. However, a weakening Australian dollar has benefited chip exporters, with prices in the local currency reaching record highs in 2020.

China has reduced importation of high-density and high-cost hardwood chips from Australia the past two years and mostly substituted that furnish with lower-density and lower-cost chips from Vietnam, according to the WRQ. The price premium for wood chips from Australia compared to Vietnam has been about $60/odmt in 2020, a doubling from five years ago.

Are you interested in wood products market information from around the world? The Wood Resource Quarterly (WRQ) is a 70-page report, established in 1988 with subscribers in over 30 countries. The publication tracks prices for sawlog, pulpwood, lumber & pellets worldwide and reports on trade and wood market developments in most key regions worldwide. For more insights on the latest international forest product market trends, please go to www.WoodPrices.com

Wood Resources International LLC
Hakan Ekstrom
info@woodprices.com
www.woodprices.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/wood-resources-international-llc/r/australia-s-role-as-a-hardwood-chip-supplier-to-china-and-japan-has-dramatically-diminished-in-2020-,c3262826

View original content:http://www.prnewswire.com/news-releases/australias-role-as-a-hardwood-chip-supplier-to-china-and-japan-has-dramatically-diminished-in-2020-with-shipments-having-fallen-by-38-from-last-year-301199229.html

SOURCE Wood Resources International LLC