SFPA Lumber Shorts – February Issue I
SFPA Shares Revenue with Lumber Manufacturers
The past two years have challenged everyone. SFPA is doing its part to support lumber manufacturers. Our record for prudent budgeting and strong investments has been at the forefront of the organization’s goals and ambitions. This dedication has allowed the SFPA, for the second year in a row, to share revenue with lumber manufacturer members. SFPA recently announced that its executive committee approved a credit of $155,000, or 51% of budgeted dues to member lumber manufacturers for dues payable on 2022 lumber shipments. With flexibility in its capital reserves, SFPA plans to return this excess revenue in the form of a dues credit on monthly reported Southern Pine lumber shipments.
The significant credit demonstrates the commitment of SFPA to returning a considerable amount of excess revenues to lumber manufacturer members. Offering a credit in back to back years for the 117 year-old lumber trade association is a significant accomplishment In 2022, SFPA will remain committed to building on the success of its lumber promotion activities, international market development, and the Forest Products Machinery and Equipment Exposition.
Quarantine Requirements on Imported Pine Wood into China
On December 20, 2021, the General Administration of Customs of the People’s Republic of China (GACC) released Decree 110. The Decree, entitled Quarantine Requirements on Pine Wood Imported from Countries with Occurrence of Pine Wood Nematodes is believed to generate more cost and probably new challenges to the U.S. export of logs and lumber to China. The Decree updates requirements for importing pinewoods, including guidelines for sampling and treatment prior to export, phytosanitary certificate requirements, port of entry quarantine requirements, and designated ports for receiving pinewood imports. The requirements went into effect on February 1, 2022. All U.S. pinewood logs and lumber will need to comply prior to being allowed entry into China.
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