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North America

USTR to start investigation on Vietnam timber imports

At the direction of President Donald J. Trump, the Office of the U.S. Trade Representative (USTR) is initiating an [...]

Lumber companies in the US reached record profits

Record high lumber prices in the US, stable income for residual chips, and slightly lower costs for sawlogs moved 2Q [...]

Global housing markets to face tougher year in 2021

Most major housing markets won’t keep up with consumer price inflation in 2021 and are faced with multiple downside [...]

Most N. American softwood lumber prices remain level

There was more confusion in the North American construction framing dimension softwood lumber market last week as prices of most [...]

Covid 19 recovery to cause high wood prices and low wood availability

Recently, concerns were raised regarding the mounting pressure on the availability of wood in Europe which is likely to impact [...]

US appeals to WTO ruling on Canadian lumber subsidies

The United States said Monday it had appealed a World Trade Organization ruling that favoured Canada in a longstanding battle [...]

China: Rising demand for logs and lumber as a strong construction season is expected

Sawmills report increased sale prices for lumber in Asian markets. These increases were agreed relatively quickly by the buyers which [...]

B.C. forest industry to fully take advantage of the record lumber prices

A record demand and reduced supplies have pushed the price of 2x4s to historic highs but the B.C. forest [...]