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North America

Canada has new ways to pressure US over softwood lumber duties

Canadian officials have new leverage as they urge Washington to negotiate a solution to the long-standing dispute over U [...]

Vietnam: Lack of raw materials threaten wood prices

As global supply chains were affected by the Suez Canal incident, the supply issues for raw materials for Vietnam’s [...]

With lumber prices skyrocketing, professor develops method to predict future price changes

At a time when lumber prices are skyrocketing, an Oregon State University researcher has developed a new way to predict [...]

N. American softwood lumber prices still flat

It was an uneven lumber market for the week ending March 26 as print prices came in “all over the [...]

European countries are conquering China’s softwood import market

Due to the bark beetle infestation, the European countries have gained serious market shares in China's softwood logs and [...]

China: Timber prices soar, supplies short amid virus disruptions

Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress [...]

Soaring freight rates adding pressure on the plywood market

A key concern in the plywood sector is soaring freight rates, notably in containerized trade. With global container distribution disrupted [...]

US lumber market: Wood production hits 13-year high despite record prices

Loggers are busier than usual. They're working to chop away at the US' pandemic-spurred timber shortage, while also [...]

Shareholders approve Drax acquisition of Pinnacle

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]

Japanese Komatsu plans to grow forestry machine sales in North America and ASEAN

Japanese machinery maker aims to boost segment's revenue by 40%    Japanese equipment maker Komatsu hopes [...]