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Archives: August 2021

New Zealand enters into lockdown; will it impact log exports to China?

New Zealand Prime Minister Ardern announced that in order to prevent the spread of the Delta variant virus, New Zealand [...]

Canadian Conifex suspends production due to “unprecedented collapse in lumber prices”

Conifex Timber Inc. said it will temporarily slow production at its sawmill in Mackenzie, British Columbia, due to an “unprecedented [...]

Rising Czech softwood log prices

In the second quarter of 2021, the Czech softwood log prices continued their increase that started in the fourth quarter [...]

US Investment fund to acquire majority stake in Europe’s largest wood pellet producer

Apollo Global Management, Inc. announced that funds managed by its affiliates have agreed to acquire a majority stake in AS [...]

US lumber price falls below $400

On Friday, the price of framing lumber fell to $399 per thousand board feet, according to Random Lengths. That marks [...]

Soaring lumber prices in US give European sawmills a big boost in H1/2021

Facing unprecedented lumber prices at home, US importers have massively purchased lumber from Europe in the first half of 2021 [...]

Canadian lumber giants to lose huge profit gains as demand recedes

North American lumber producers are expected to see a dip in current-quarter profit after lumber demand for do-it [...]

Is the Delta variant able to disrupt US lumber supply again?

Pandemic-related labor shortages had a substantial impact on sawmill output and productivity and ultimately contributed to record wood products [...]