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Archives: September 2018

US lumber market shows its volatility in 2018 as prices crash in September

Deep cuts in prices of framing lumber persisted through a second straight week, leaving traders stunned at the volatility of [...]

Roundwood prices in Norway up by 15% in Q2/2018

In Norway, a total of 2.80 million cubic metres of industrial roundwood were cut for sale in the second [...]

Louisiana-Pacific shuts down North Carolina mill due to Hurricane Florence

Louisiana-Pacific (LP) announced that due to Hurricane Florence, its Wilmington, N.C. engineered wood operations have been temporarily shut [...]

Shares in Canadian lumber companies fall on negative expectations for the US housing market

Shares in several major Canadian forestry companies closed down Wednesday after an analyst downgrade and lower-than-expected building permits [...]

Japan targets Russia wooden houses market

Iida, a Japanese wooden house construction company, is targeting the Russian market. Setting it sight on Kazan, one of Russia [...]

EU demand for wood pellets to rise to 24 million tonnes this year; Italy and the UK the main consumers

The EU is the world’s largest wood pellet market, with consumption of about 22.7 MMT (million metric tonnes [...]

EU imports of tropical logs & sawnwood recover a little ground in the first half of 2018

After a downturn in 2017, the quantity of EU imports of tropical logs recovered a little ground in the first [...]

China’s sawnwood imports continue to rise this year; import prices as well

China’s sawnwood imports in the first quarter of 2018 totalled 8.28 million cubic metres valued at US$2 [...]

Russian Segezha Group boosts wood pellets production

Segezha Group starts production of the wood pellets at the company’s Sokol Timber Company in Russia. According to the [...]

Croatia’s ban on oak lumber transport lifted

The transport restrictions for oak wood in Croatia which have the purpose of preventing the propagation of the oak lace [...]