Trends in the global lumber market in 2021
The strong North American lumber demand at the end of 2020 has continued at the beginning of 2021, and is [...]
March 2, 2021
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More North American forest industry mergers and acquisition expected in 2021
Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]
February 25, 2021
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Shaky export log markets to China, price corrections expected
In a period when price corrections are expected, export log markets to China appear with a degree of trepidation. Chinese [...]
February 24, 2021
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Demand for softwood lumber remains high in North America
The dual Canada/U.S. long weekend in mid-February did nothing to slow demand for lumber, with prices rising [...]
February 24, 2021
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China to reduce tariffs on certain wood products
China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]
February 23, 2021
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US lumber prices expected to rise another 35% after record highs
Lumber prices topped $1,000 last week, a record high and a promising sign of a rebound in demand for [...]
February 23, 2021
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Ocean freight rates at record levels
Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium [...]
February 23, 2021
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UFPI’s subsidiary acquires Spartanburg Forest Products
UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]
February 23, 2021
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US Department of Commerce set to reinstate higher Canadian softwood lumber duties
The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it [...]
February 22, 2021
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New opportunities for Latvian timber exports to the US
At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]
February 22, 2021
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