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North America

Chinese companies make more aggressive overseas timber purchases to ensure domestic supply

As the coronavirus pandemic continues to spread throughout the world, production in major wood-producing countries has stalled, the patterns [...]

Arauco to close another plant in US

Composite panel and forest product giant Arauco will close its medium density fiberboard (MDF) production facility in Bennettsville, South Carolina [...]

Canfor reports $89.5M Q1 loss

Canfor Corp. reported a loss in its most recent quarter compared with a profit a year ago as revenue fell [...]

Pandemic has forced 39 sawmills across Canada to shut down

    The Forest Products Association of Canada says the demand for toilet paper has skyrocketed — increasing by [...]

USDA Forest Service moves to support timber market

The U.S. Department of Agriculture’s Forest Service is offering to extend contract deadlines on certain timber sales, sale [...]

North American lumber prices moderate as market adjusts

The recent changes, disruption if you will, to the supply-demand balance of North American construction framing softwood lumber and [...]

80% of EU and US timber importers from Vietnam canceled their orders

As much as 80 per cent of timber buyers from the U.S. and EU have delayed or cancelled their [...]

BC lumber exports fall 21% in Jan.-Feb. 2020

New figures from the provincial government show a sharp decline in commodity exports because of the coronavirus.    [...]