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Archives: February 2021

More North American forest industry mergers and acquisition expected in 2021

Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]

Current trends in Russia’s wood pellet market and overview of pellet prices evolution

   About 3 million tons of wood pellets were produced in Russia in 2020. The output growth was about [...]

Homag Group reports 13% drop in sales in 2020 due to corona pandemic

The Homag Group closed the 2020 financial year with a considerable drop in sales due to the challenges in connection [...]

Germany: Rising lumber prices puts wood industry companies under pressure

     The ongoing price spiral on the German lumber market is putting more and more companies in [...]

Shaky export log markets to China, price corrections expected

In a period when price corrections are expected, export log markets to China appear with a degree of trepidation. Chinese [...]

Conference stresses the climate potential of sawn softwood

On February 18, the Wood from Finland Conference 2021 took place organized by Sahateollisuus, the Finnish Member of the European [...]

Demand for softwood lumber remains high in North America

The dual Canada/U.S. long weekend in mid-February did nothing to slow demand for lumber, with prices rising [...]

Czech Republic: Bark beetle damage reaches record 40 million m3

The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]

China to reduce tariffs on certain wood products

China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]

US lumber prices expected to rise another 35% after record highs

Lumber prices topped $1,000 last week, a record high and a promising sign of a rebound in demand for [...]