Daily News

Crisis growing in the Irish forest industry

According to the Construction Industry Federation (CIF), Ireland’s forest industry remains in crisis. Delays in issuing licenses needed to [...]

COVID casts long shadow over the European furniture sector

For the European furniture sector, as in other industries, the COVID pandemic is casting a long shadow, with no certainty [...]

2022 global wood pellet markets outlook

The industrial wood pellet markets have been growing at an annualized rate of about 1.66 million metric tonnes per [...]

High prices in the German wood market

In November 2021, German forest owners increased their income from the sale of spruce logs by around 50%. Overall, producers [...]

China’s 2021 logs and lumber imports rise in value thanks to higher prices

In 2021, the value of China's lumber imports reached 7.179 billion US dollars, while the value of log [...]

UPM sees headwinds from disrupted supply chains

Finnish forestry company UPM said on Thursday it sees headwinds and extra costs ahead from disrupted global supply chains, leaving [...]

Rising prices could keep European lumber exports to the US at high pace in 2022

European softwood lumber exports to the USA continued to rise in 2021, although the pace of growth in volume was [...]

US lumber plunges for seventh day on demand fears, supply chain chaos

US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago [...]

Western Forest Products will temporarily close one of its sawmills due to log shortage

Western Forest Products is considering curtailing operations at its Chemainus sawmill starting next week due to a log shortage.  [...]