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Archives: July 2021

North American lumber giants expect record profits for the second quarter

North American lumber producers are expected to post another quarter of record profits this week, but most of the focus [...]

The French government wants to “boost” the timber industry with 300 million euro aid

“We must boost the wood industry”, said the French Prime Minister Jean Castex, on Saturday July 24, during a visit [...]

China’s import of softwood lumber enters a falling trend

The steady increase in softwood lumber import in China continued during the first six months of 2020, but then entered [...]

North America: Why now might be the best time to buy lumber?

After more than doubling in price last year, lumber futures have dropped to their lowest level of 2021, on track [...]

Can India replace China as a substitute market for Australian timber?

In November 2020, China claimed that harmful organisms were detected in multiple batches of logs imported from Australia. The Australian [...]

Lumber price fall in US could hit European markets soon

The price rally of softwood lumber is receding, experts of the Estonian wood industry believe. However, opinions differ as to [...]