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Archives: November 2021

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 [...]

Global leaders pledge to end deforestation by 2030

More than 100 leaders will commit to halt and reverse forest loss and land degradation by 2030 at an event [...]