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Czasopismo
2008 | nr 24 | 24--29
Tytuł artykułu

Reasons to the Contemporary Crisis Of Timber-Processing Industry

Autorzy
Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Primary conversion of timber is currently facing a very difficult situation not only in the Czech Republic but globally. Reasons may be sought in excessive supplies of raw timber on global markets; in the Czech Republic due to wind disasters - hurricanes Kyrill (2007) and Emma (2008), in Canada due to bark beetle plague affecting large areas of the country. Demand for timber currently shows a decreasing trend also due to a mortgage crisis in the United States, which develops into a financial and economic crisis. Consequences of the situation are felt in Europe, too. Many lumber exporters are on the verge of bankruptcy due to the decreasing demand for sawn timber and falling prices. With respect to the cohesion of lumber market with the housing market and with the general economic situation, a continuing drop of sawn timber prices can be expected in the United States. This will finally reflect also into the situation in the Czech Republic where a further decrease of prices can be expected in spruce wood and lumber. The hitherto studies indicate that tree species resisting the negative development in the field of timber and lumber prices are e.g. larch, beech and oak. This paper explains some reasons to the contemporary crisis in primary timber conversion. We can also see a positive effect of decreasing prices for sawn timber to encourage its higher use in the Czech Republic. The number of wood homes built in 2005 was 180 and in 2007, it was already 1500 wood homes with the positive development not being attributable only to the decreasing price of timber and lumber but also to promotion of wood structures(original abstract)
Słowa kluczowe
Czasopismo
Rocznik
Numer
Strony
24--29
Opis fizyczny
Twórcy
autor
  • Mendel University of Agriculture and Forestry Brno
Bibliografia
  • Bluďovský Z.: Souvislosti vývoje cen surového dříví. http://www.vulhm.cz/docs/LP-1_2005.pdf.
  • CME One Random Length Lumber Futures Contract. http://www.cmegroup.com/trading/commodities/lumber-andpulp/ random-length-lumber.html. Jul 25 2008.
  • CSU Průměrné ceny surového dříví pro tuzemsko za ČR v roce 2007. http://www.czso.cz/csu/2007edicniplan.nsf/t/D000299B4A/$File/700707q405.pdf. Jul 25 2008.
  • CSU Průměrné ceny surového dříví pro tuzemsko za ČR v roce 2008. http://www.czso.cz/csu/2008edicniplan.nsf/t/880031223C/$File/700708q204.pdf. Jul 25 2008.
  • Finance Google: Dow Jones Industrial Average Index. http://finance.google.com/finance?q=INDEXDJX:.DJI. Jul 23 2008.
  • Finance Yahoo: S&P Homebuilders Index. http://finance.yahoo.com/echarts?s=XHB
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171504193

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