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Archives: July 2020

German furniture industry expects a 10% drop in sales for 2020

The German furniture industry has so far come through the corona crisis robustly compared to other economic sectors.   [...]

Global forest products trade remains strong despite pandemic

Although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the forest products industry has [...]

Why US lumber prices defied pandemic to score a nearly 60% quarterly gain?

US lumber prices made a big comeback in the second quarter, with a nearly 60% jump for the period more [...]

Booming e-commerce demands optimised wood processing supply chains

Many sectors are in the doldrums due to the Covid-19 pandemic, but for those companies managing to keep their [...]

New Zealand log prices down and have potential to fall further in August

The age-old adage 'what goes up must come down' has played out as expected with the New Zealand export [...]

Setra maintains full sawmill production despite pandemic

Swedish sawmiller Setra says COVID-19 is continuing to cause uncertainty but it has succeeded in maintaining full sawmill production [...]

Lumber shortage, rising prices affecting N. American construction industry

A shortage of lumber is affecting the North American construction industry in what's usually its busiest time of the [...]

Russia: ULK Group to start construction of its mega sawmill this month

Russia's largest timber industry complex will be built in the village of Karpogory, Arkhangelsk region. Russia's ULK Group [...]

European production of wooden panels drops 1.8% in 2019

In a meeting held June 25 by videoconference with press contacts, associate members and collaborating institutes, EPF (European Panel Federation [...]

Vietnam plywood export companies face increased trade risks

China has invested in 29 plywood projects worth over US$150 million in Vietnam, becoming the country’s largest plywood [...]