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Archives: May 2021

German sawmill industry reports record production but reduced exports in Q1/2021

The German sawmills are responding to the tense situation on the timber market with record production and a falling export [...]

Uruguayan timber exports and prices hit record high due to strong Chinese demand

Benefiting from the recovery of the global economy, apart from the United States who has been buying wood crazily to [...]

US lumber prices bounce back after 7 days of continuous fall

US lumber futures are trading higher Wednesday for the first time in eight days as buyers emerge following a sharp [...]

Egger invests 70 million in St. Johann plant

The  Austrian wood-based materials manufacturer Egger is investing 70 million euros in its main plant in St. Johann. Among [...]

Chinese mills struggling with higher import log prices

The rate of increase in log prices has slowed with some mills in China now struggling with the higher log [...]

The dramatic increase in US lumber prices not followed by rise in timber prices

US timber pricing has been relatively stable through the pandemic. Compared to lumber prices, which have increase dramatically over the [...]

Unilin acquired industrial sawmill in Romania from JAF Group

Unilin Group, through its division Unilin Flooring, has come to an agreement with the Austrian supplier of timber and wood [...]

Soaring lumber prices weigh on U.S. homebuilding

U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials [...]

Germany: Is the lumber price rally long-lasting?

The coronavirus crisis has hit many sectors of the economy in Germany, but the lumber industry certainly isn't one [...]