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North America

Forecast: Canada still a major supplier of softwood lumber to the US in the next decade

The softwood sawmilling sector in Eastern Canada will play an increasingly important role as a key supplier to the growing [...]

Lowe’s to close 51 stores in the N. America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]

Stable softwood lumber prices in the US this month

Firm to higher prices were the rule on the heels of last week’s activity in the US. Some follow [...]

Rising trend in EU wood pellets imports from the US continues this year

    US wood pellets exports to Europe have risen by 11% during the first nine months of [...]

Forecast: China to become British Columbia’s main forest products export market, surpassing the US

Canada’s key export-support organization boldly predicts China will surpass the United States as British Columbia’s top market [...]

Canfor to acquire Elliott Sawmilling in Estill, South Carolina for US$110 million

Canfor Corporation has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina for a [...]

US softwood lumber prices dropped by 21% since June

In October, prices for softwood lumber in the U.S. dropped 10.3% - the largest decline since May 2011.  [...]

Pinnacle posts record wood pellet volumes in Q3 report

Canadian wood pellet producer Pinnacle Renewable Energy increased its third-quarter revenues 6.4 per cent compared to 2017 numbers [...]

China cuts import tariffs on wood products to 5.4% from 6.6%; trade war with US continues to impact markets

A recent government announcement effective November 1st, 2018 states that China has reduced import tariffs on more than 1,500 [...]