Sharp rise in plywood prices in Europe
In terms of source of plywood supply in Europe, China is reported to be keeping up with demand, albeit with [...]
August 5, 2021
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Mercer buys Katerra’s CLT facility
Mercer announced that it received approval from the applicable Bankruptcy Court of the acquisition by its wholly-owned subsidiary of [...]
August 5, 2021
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UK faces timber shortage due to ‘unprecedented’ demand
The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown construction and DIY projects [...]
August 5, 2021
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French wood industry is expected to quadruple its market share in construction in 10 years
The French timber industry, with 60,000 companies and nearly 400,000 jobs, intends to quadruple its market share in [...]
August 5, 2021
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Timber prices in Estonia at unprecedented levels
Timber prices in Estonia have reached to unprecedented levels. Pine and spruce are particularly affected, as speculators hold on to [...]
August 2, 2021
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European plywood market lucrative, but challenging
Some European plywood importers report that container costs out of Asia have started to come off their pandemic peak. Others [...]
August 2, 2021
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The French government wants to “boost” the timber industry with 300 million euro aid
“We must boost the wood industry”, said the French Prime Minister Jean Castex, on Saturday July 24, during a visit [...]
July 29, 2021
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China’s import of softwood lumber enters a falling trend
The steady increase in softwood lumber import in China continued during the first six months of 2020, but then entered [...]
July 27, 2021
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Container freight rates expected to hit new highs
Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse. Various surcharges [...]
July 27, 2021
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Lumber price fall in US could hit European markets soon
The price rally of softwood lumber is receding, experts of the Estonian wood industry believe. However, opinions differ as to [...]
July 26, 2021
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