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Archives: November 2020

Largest hardwood producer in US files for bankruptcy due to Covid-19 pandemic

Northwest Hardwoods Inc., the largest hardwood lumber producer in US, retreated into Chapter 11 in Delaware early Monday, saying fallout [...]

U.S.DoC reduces countervailing, anti-dumping duties for B.C. lumber producers

The U.S. Department of Commerce on Tuesday reduced its penalties against imports of Canadian lumber, primarily from B.C [...]

China: Purchase prices of European spruce logs on the rise

Softwood log inventory in China has reduced by approximately 17% over the last month to 3.6m m3.   [...]

Finland: Roundwood price overview (Oct. 2020)

The average price for pine logs in Finland was EUR 55.2 per cubic metre, and the price for spruce [...]

Stora Enso ready to deliver cross-laminated timber to the US market

Stora Enso has received approval for producing and delivering cross-laminated timber (CLT) panels to the United States in accordance [...]

US lumber prices increase again against normal seasonal slowdown

US lumber futures have rallied in November, fueled by strong home construction and remodeling activity amid the pandemic.   [...]

Bark-beetle damaged volume in Europe expected to be similar as in 2019

Damaged volume due to the beetle infestation exceeded 50 million m3 in 2018. The epidemic worsened in 2019, with damaged [...]

Finnish pine lumber prices on the rise in the Chinese market

The price of Finnish pine lumber rose slightly in the Chinese market.  According to some Chinese importers, due to the [...]

Best Wood Schneider to build a large sawmill in Germany

   Best Wood Schneider GmbH with production sites in southern Germany will build a new sawmill.  At the new [...]

Russia: Export prices for wood pellets down 40% since the beginning of the year

   The downward trend if wood pellets prices in Russia continued in October 2020. Export prices have dropped within [...]