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Chinese furniture industry investing heavily in European woodworking machinery

China is home to the world’s biggest woodworking and furniture manufacturing industry, much of which is concentrated in the [...]

The crisis of the Canadian lumber market might be over, says Resolute CEO

The decline of lumber prices in Canada is, most likely, over. Even if prices won’t rebound to this year [...]

Germany: KVH prices falling; hardwood more expensive

The German wood products price index registered some mixed developments in September. Except lumber and reserve square timber, all sawn [...]

Booming European softwood logs exports to China

Due to a massive boost of exports from France, total European softwood logs deliveries to China have outpaced those of [...]

Norbord reports rising EBITDA on higher European panel prices and N. American shipment volumes

Norbord Inc. reported Adjusted EBITDA of $211 million for the 3Q 2018 versus $200 million in the 3Q 2017 and [...]

US lumber prices rise slightly after weeks of decrease

Trading in framing lumber picked up, and firming prices sent signals that a bottom had been found. Not all traders [...]

STTC considers share of certified tropical wood in European market

The EU’s Sustainable Tropical Timber Coalition held its annual conference in Paris on 26 September. The conference highlighted the [...]

Canfor curtails sawmill operations in BC; reduces production by 10%

Canfor Corporation will be curtailing sawmill operations in British Columbia (BC) during Q4 2018 due to log supply constraints, log [...]

Austria: Softwood lumber prices below last year

In October, prices for softwood lumber in Austria moved slightly below the previous year. A more pronounced downward trend was [...]

China: 2.5 billion m3 of stocking volume in planted forests

According to the eighth national inventory of forest resources, the area of national plantation was 69.33 million hectares accounting [...]