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North America

BC’s forestry giants to report weak Q3 amid weak wood markets, high log costs and US lumber duties

B.C. forestry companies are set to report lacklustre third-quarter financial results as tough market conditions send ripples through [...]

US softwood lumber price lost ground

The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr [...]

Where will the Chinese furniture exports be redirected as trade war with US hit shipments and prices?

Just as the American hardwood industry has long been worried about the "eggs" that put more than one-half of [...]

Trump to suspend tariff hike on Chinese imports

President Trump said Friday the government had reach a “phase one” trade agreement with China and won’t be moving [...]

Stable softwood lumber production in U.S.; Canadian output drops sharply

U.S. sawmills produced 20.687 billion board ft. (bbf) of softwood lumber in the first seven months of 2019 [...]

Woodrise International Congress closes on a positive note

The second edition of the Woodrise International Congress came to a close on 4 October on a very positive note [...]

Enviva to build a 700,000 t/yr wood pellet plant in Alabama

Enviva, the world’s largest producer of wood pellets, is to build a new production plant in Alabama, US. The [...]

US lumber prices back to growth despite low housing starts

North American lumber prices have bounced back but how long will this last? A look at the latest US housing [...]

Norbord to reduce OSB production due to lower demand

Since September 5th Norbord has reduced production at Line 1 of its Cordele, Georgia OSB mill.     [...]

Indonesian timber and furniture industry seeks to take advantage of the US-China trade war

The Indonesian government is mulling over banking on its timber and furniture industry to seize the momentum amid the ongoing [...]