It's challenging, and it moves a lot. We used to send a lot of our product to China when we had more low-grade, beetle-impacted wood.
That's changed, obviously, and we have moved through the beetle-impacted or salvaged wood. We are now into more green stands. Those are higher-value stands. We want to take that fibre and maximize the value we can derive from it.
Also, of course, geopolitical shifts have occurred. There are sanctions on Russian wood and Belarusian wood. The avenues for them are closed. That wood does flow into China and, of course, that creates a challenge for us in terms of moving in there, because it's a very price-sensitive market. When they have access to that wood, it can change things.
There are other opportunities. There are more opportunities even with the declining population in Japan. We're switching more from traditional post-and-beam construction to two-by-four construction. Someone mentioned schools and rec centres. We think that's an area, along with seniors homes and institutional buildings. We build homes with wood, but there are more opportunities to do it in that space.
Those are the things that we are pursuing, as well as some other higher-value products that are used in decorative applications, etc.
