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Concerns over the evolution of China’s log demand in the medium term

There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said [...]

US lumber prices continue to rise but sales volumes were unsteady

Sawmills across North America looked toward the end of summer after mid-May, as lumber prices continued to rise but [...]

EU tropical timber trade weakened before COVID lockdown

Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]

Canfor completes acquisition of Elliott Sawmilling

Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020.     Elliott Sawmilling [...]

Chinese timber importers face additional cost pressure from Chinese currency devaluation against US dollar

On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center to announce that the [...]

Wood pellet sector in US well-positioned for the post-pandemic period

The wood pellet sector in US has many advantages that other sectors might envy as they, too, navigate business during [...]

Indonesia to revoke ending legality license for wood exports

The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]

Lumber prices see surprise win as Americans renovate homes

Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was [...]