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Archives: May 2017

US lumber prices lowered, while buyers revived sales

Buyers of framing lumber in the US recovered their businesses after weeks on the sidelines. Producers of various species seeking [...]

The German wood and furniture industry keeps on increasing in 2017

In 2016, the German timber industry reported a 2.4% increase in its turnover, while the total worth of goods [...]

John Deere reports higher worldwide sales of forestry and construction equipment

For the second financial quarter ended April 30, worldwide net sales of John Deere increased 5 percent, to $8.287 [...]

US housing starts predicted to rise 8.4% in 2017

The US National Association of Realtors’ mid-year forecast projects that housing starts will reach 1.27 million this year [...]

Central/West Africa: Improved export demand – logs and sawnwood price prospects looking better

Producers across Central/West Africa continue to be busy taking advantage of improved international demand. There has been some firming [...]

EU unable to assess China’s okoumé plywood production

The European Commission is unable to accurately assess the level of China’s okoumé plywood production. A rough estimate using [...]

Austria: Price of wood pellets further drops in May

Austria's Enplus A1 wood pellets price amounted to an average of EUR 225.1 per tonne in May 2017 [...]

Tembec announced closing of the sale of its Senneterre mill to Resolute Forest Products

Tembec announced that it closed the sale of its sawmill and related forestry assets located in Senneterre, Quebec to Resolute [...]

The global wood pellets demand forecast shows optimistic scenarios

The industrial wood pellet tonnage demand and spot prices are based on optimistic scenarios in which cofiring or full-firing [...]

Stable wood pellet price in Northern Europe due to cold spring

The Nordic Pix Pellets price index was kept stable by the cold spring and also by the 0.7% strengthening [...]