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Global Trends

World’s top lumber company CEO sees homebuilding going strong for years

Strong homebuilding activity in North America will mean tight wood supply and demand for several more years, according to the [...]

Solid Chinese demand for New Zealand logs; prices on the rise

Domestic demand for New Zealand logs and sawn timber remains strong with domestic sales of sawn timber exceeding projections.   [...]

China-Europe container shortage causes freight rates to more than double

The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused [...]

Russian wood pellet exports hit record high in Q3/2020

Russian wood pellet exports hit a quarterly high in July-September this year, extending the trend in the first half [...]

Market implications of West Fraser’s acquisition of Norbord

West Fraser Timber Company, a leading supplier of lumber and other wood products extensively used in the building and construction [...]

North American softwood lumber prices recover as demand improves

It’s unbelievable for this time of year and if someone had predicted it a month ago they would have [...]

Plans to build Africa’s largest wood pellet export facility underway

Hive Energy, iLive Sustainable Development, and Partners for Innovation have partnered to establish Coega Biomass Centre – Africa’s largest wood [...]

Japanese wood pellet imports expected to exceed 2 million tons in 2020

Japan imported a record 1.6 million metric tons of wood pellets last year, primarily from Vietnam and Canada. Wood [...]

India: Log and lumber demand expected to recover starting December

Manufacturing and construction will be relatively quiet in India until late November due to the Diwali festival. Economists suggest this [...]

Largest hardwood producer in US files for bankruptcy due to Covid-19 pandemic

Northwest Hardwoods Inc., the largest hardwood lumber producer in US, retreated into Chapter 11 in Delaware early Monday, saying fallout [...]