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Archives: June 2021

Canada’s lumber industry wants to be paid back for US duties

Canada’s softwood lumber industry wants the Biden administration to refund billions of dollars that companies have paid since 2017 [...]

Austria: Boom in lumber prices now reflected in the payment to forest owners

According to official statistics, Austria's timber prices are now rising. Austrian sawmills are in full swing and they sell [...]

Latvia: There is a bubble in the timber market that will burst sooner or later

Currently, the Latvian lumber market is experiencing a significant price increase or bubble, which will sooner or later burst, Kristaps [...]

Warning in US against potential “catastrophic” failures of European lumber

The North Carolina Building Code Council warns of potentially “catastrophic” failures caused by European lumber. It remains to be seen [...]

DACH region: Sawmills struggling to get logs; historical price increases

Within the DACH region (Germany, Austria and Switzerland) softwood lumber prices in June are still on the rise due to [...]

Coronavirus outbreak causes huge backlog at China’s ports

A coronavirus outbreak in in southern China has clogged ports critical to global trade, causing a shipping backlog that could [...]

Brussels aims to tighten rules on burning wood pellets, leaked document reveals

Brussels wants to tighten rules to prevent some forms of wood-burning energy from counting towards the EU’s green [...]

Finnish sawmills benefit from lumber boom

The outlook for the Finnish forest industry is quite positive, Danske Bank's economic information estimated. Demand for packaging materials [...]

US lumber enters a bear market with prices down 20% from their peak

US lumber prices are falling—fast.    On Tuesday, the price per thousand board feet fell $114 [...]