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Archives: July 2019

West Fraser expects a 600 million board feet drop in lumber production for 2019

The Canadian company reported lumber inventories reduced by approximately 150 million board feet in Q2/2019, and expects a 600 [...]

Conifex to curtail Mackenzie sawmill

Conifex Timber Inc. announced that it will temporarily curtail its Mackenzie, British Columbia sawmill operations for two weeks commencing July [...]

Homag negatively revises earnings forecast for 2019

German woodworking machinery giant Homag announced that it will negatively revise its earnings forecast for 2019 as a result of [...]

Business potential of the South American wood pellet market

South America is one of the continents in which wood pellet production is yet to reach its full potential because [...]

Chinese woodworking companies plan to explore business opportunities in the U.S. market

Many Chinese woodworking companies expressed their expectations to further explore business opportunities in the U.S. market, as they participated [...]

Slowing pace of EU wood furniture imports

The generally slow development of the EU wood furniture market in 2018 is also apparent in the import data. After [...]

France: Heatwave expected to bring bark beetle infestation; softwood prices already down sharply

Long waves of heat, dry weather have brought the worst bark beetle infestation in two decades to eastern France, ruining [...]

US to cover 65% of EU wood pellet imports by 2020

The US has the potential to supply 65 percent of the EU wood pellet import demand, at an expected trade [...]

US lumber prices fell after 5 weeks of consecutive growth

After several weeks of consistent growth, the US lumber prices fell quite considerably last week. On average, lumber prices fell [...]

Russian Sveza to set up its own logging company

Russian plywood manufacturer Sveza has set up its own logging company, Sveza Resource LLC. The company is currently conducting pilot [...]