Industry Links

TIMBERWeb® - The Global Timber & Lumber eMarket
http://www.timberweb.com/timbergateway.aspx

The Global Timber and Lumber Industry accounts for over $200 Billion annually of trade across softwood, hardwoods, panel products, manufactured products and veneers and now this is set to increase with the onset of biomass electricity generation facilities around the world which need to consume vast quantities of raw material. Europe is a major importer of timber and exporter of timber manufactured products. As an example, less forested countries such as the UK and Italy within the EU are primarily importers needing to import most of their timber and lumber needs. Germany and France are more balanced between homegrown and imported wood. The common denominator is that most businesses in the timber and lumber industry have considerable exposure to foreign currency risk. With traditionally small margins on timber trading these can be very quickly eroded by exchange movements or production costs can be unnecessarily inflated by a poor currency hedging policy. If you would like to learn more  

Click Here to see how CornhillFX and TIMBERWeb® working together can help keep you informed, reduce your risks and maybe improve your margins too.