North American softwood lumber prices surge at year end
A huge disruption to transportation for most of November from the critical lumber producing basket of the British Columbia interior [...]
January 3, 2022
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Ikea is hiking its prices as the supply chain crisis continues to disrupt its operations
Ikea is raising its prices by 9% on average due to supply chain challenges. An Ikea [...]
January 3, 2022
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Slowdown in China’s softwood log consumption indicates market correction
Demand for softwood logs in China remained favorable during the third quarter (Q3) of the year, despite seasonally lower consumption [...]
December 22, 2021
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Canada to challenge US softwood lumber duties
Canada is challenging the U.S.’s decision last month to double the tariffs on most Canadian softwood lumber shipments [...]
December 22, 2021
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European, US demand for wood products boosted global lumber trade in 2021
This year, the strong demand for wood products in Europe and North America has increased lumber trade during the first [...]
December 21, 2021
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Teal Jones to build large sawmill in Louisiana
Teal Jones Group owners Tom and Dick Jones announced that the company is evaluating Bossier Parish, Louisiana, for a planned [...]
December 21, 2021
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Sky-high lumber prices are back in North America
Builders are buying lumber while floods in British Columbia limited supplies. Cash prices are also very high. Pricing service Random [...]
December 20, 2021
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Current trends in the global forest industry
Record-high lumber prices in North America and Europe have moved both sawlog demand and values to some of their [...]
December 20, 2021
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Canfor to acquire Millar Western Forest Products
Canfor Corporation has entered into an agreement with Millar Western Forest Products Ltd. to acquire the company’s solid wood [...]
December 17, 2021
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Will lumber prices rise in 2022?
No matter which way you look at it, 2021 was hardly a typical year. Between supply chain shortages, inflation, the [...]
December 16, 2021
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