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 [...]
August 24, 2021
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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 [...]
August 23, 2021
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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 [...]
August 23, 2021
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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 [...]
August 23, 2021
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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 [...]
August 23, 2021
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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 [...]
August 19, 2021
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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 [...]
August 19, 2021
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China: Timber demand on the rise in mid-August as construction activity heats up
In early August, China's timber demand has started to pick up. The rainy weather in many regions of the [...]
August 19, 2021
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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 [...]
August 19, 2021
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China: Substantial rise in value of log imports in H1/2021
According to China Customs, log imports in the first half of 2021 totalled 31.26 million cubic metres valued at [...]
August 17, 2021
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