Russia’s invasion of Ukraine likely to impact global wood trade in the coming months
Russia’s invasion of Ukraine is likely to impact global trade in the coming months. Increased sanctions against trading with [...]
February 28, 2022
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Big swings in US lumber futures prices
US lumber futures are on another wild ride, but trading them has gotten pretty boring. In [...]
February 28, 2022
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Constrained log supply could maintain price pressure in China
The price for logs in China has risen steadily this year on the back of anticipated increased demand after the [...]
February 28, 2022
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Finnish forest technology manufacturer cancels orders to Russia due to sanctions
Kesla, a manufacturer of forest machine technology, has canceled deliveries of approximately EUR 10 million from its order backlog to [...]
February 28, 2022
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Ukraine war: Supply of woodworking machinery from Germany into Russia to be reduced
Sanctions imposed by the European Union on Russia in connection with the military invasion in Ukraine have limited operations on [...]
February 25, 2022
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Canfor to sell Mackenzie sawmill
Canfor Corporation is selling more assets to Peak Renewables, which is in the wood pellet production business. [...]
February 25, 2022
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Russian attack on Ukraine hits global markets
Russia’s attacks on Ukraine roiled global markets Thursday, driving up prices for crude oil and natural gas as investors [...]
February 24, 2022
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China timber market revives after CNY, considerable rise in price of imported softwood
After the Chinese New Year, most of the Chinese wood processing plants resumed work, and the prices in many timber [...]
February 24, 2022
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Homag Group achieves highest order intake in the company’s history
In the 2021 fiscal year, the Homag Group achieved by far the highest order intake in the company's history [...]
February 24, 2022
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Canadian lumber giant Interfor completes acquisition of Eacom
B.C. lumber giant Interfor has announced that the $490-million transaction, which was first disclosed last autumn, concluded on [...]
February 24, 2022
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