EU tropical timber trade weakened before COVID lockdown
Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]
June 2, 2020
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Canfor completes acquisition of Elliott Sawmilling
Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020. Elliott Sawmilling [...]
June 2, 2020
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Sawmills in China slowed down or stopped production in May due high costs of imported logs
In March import prices in China had picked up despite total log inventory still building to over 8 [...]
June 1, 2020
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Chinese timber importers face additional cost pressure from Chinese currency devaluation against US dollar
On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center to announce that the [...]
June 1, 2020
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Wood pellet sector in US well-positioned for the post-pandemic period
The wood pellet sector in US has many advantages that other sectors might envy as they, too, navigate business during [...]
June 1, 2020
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Indonesia to revoke ending legality license for wood exports
The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]
June 1, 2020
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North American softwood lumber prices continue upward trend at the end of May
Given the current situation in many regions of the US, it is assured that demand for plywood and other panel [...]
June 1, 2020
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Lumber prices see surprise win as Americans renovate homes
Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was [...]
June 1, 2020
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Conifex announces further extension of COVID-19 curtailment
With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]
June 1, 2020
Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
Vancouver to allow 12-storey wood buildings
The City of Vancouver Council has approved by-law amendments allowing mass timber construction up to 12 storeys for residential [...]
June 1, 2020
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