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North America

Booming Vietnamese economy as Chinese companies flee out of China to avoid trade war

The U.S. trade war with Beijing continues to boost the Vietnamese economy as companies dodge tariffs by relocating production [...]

US lumber prices drop for six consecutive weeks

While softness prevailed in prices, trading in US framing lumber picked up modestly amid drier and warmer weather in some [...]

European sawmills delivered 4 million m3 of softwood lumber to the US in 2018

European softwood lumber exports to the USA continued to rise in 2018, although the pace of growth was significantly lower [...]

Vietnam expected to surpass China as largest supplier of wooden products to the US

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially took effect on December 30, 2018 and came into [...]

IKEA tests furniture rental in 30 markets

IKEA will expand tests to allow customers to rent desks and sofas rather than buy them as it shifts away [...]

Swedish sawmills’ exports fall into lower gear

The Swedish sawmills have decreased their sawn and planed softwood lumber exports by -5%, to 12 million m3, during 2018 [...]

US lumber prices continue downward trend at the end of March

The Random Lengths Framing Lumber Composite Price slipped $1.          Week [...]

New record in Chinese softwood log imports; New Zealand, top supplier

China had another record year of softwood log imports in 2018, when over 40 million m3 of logs landed at [...]

North American wood pellets gain ground in EU

North American wood pellets exports to the European Union countries grew sharply in 2018, as UK's hunger for pellets [...]

Conifex to sell Lignum Forest Products to Canwel

Conifex Timber Inc. has entered into a definitive purchase agreement with certain subsidiaries of Canwel Building Materials Group Ltd.  for [...]