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Archives: November 2021

UK softwood lumber import patterns shifted rapidly to meet high demand

UK demand for lumber and panel products during the summer months of 2021 was at record levels with import volumes [...]

Current trends in the global wood pellet market

In 2020, wood pellet production in Europe was up 4% y-o-y and was 34% higher than in 2016 [...]

Strong performance in Q3 2021 paves record year for HOMAG Group

A statement released by HOMAG revealed that the group has registered strong demand in Q3 2021 again. As a result [...]

Weyerhaeuser’s CEO is betting on a strong housing market for years

Weyerhaeuser CEO Devin Stockfish told the US media that the lumber company believes the U.S. housing market will remain [...]

Swiss Krono expands Hungarian OSB mill

Swiss Krono has decided to implement a significant capacity increasing development in Hungary.    As a result [...]

Latvia: The timber market is experiencing a sharp drop in wood prices

Currently, the Latvian timber market is experiencing a fall in the price of softwood roundwood, which has fallen by as [...]

U.S. lumber trade dispute with Canada adds to wild price swings

As if things weren’t volatile enough in the lumber market, a Canada-U.S. trade tussle will make things [...]

China: Substantial increases in production costs for the wood product sector

Because of the government’s power rationing policy production, the China's wood product sector is being disrupted and output [...]

IKEA warns of imminent price increases

IKEA has warned of imminent price increases, as it revealed its financial results for FY21 (to 31st August 2021).  [...]

Low interest of Chinese timber traders for European spruce logs

The latest news reflects that the greater downward pressure on the price of New Zealand radiata pine logs in the [...]