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Global Trends

Estonia: Falling spruce sawlog prices, as bark beetle infestation puts price under pressure

The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and Eastern Europe. In particular [...]

North American softwood lumber prices moderate up

The work stoppage on CN Rail ended - as of mid-day Tuesday - which was soon enough to avoid truly negative [...]

59 Chinese wood and furniture business to relocate factories to Indonesia

59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]

Finland: Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]

Conifex’s lumber segment lenders approve asset divestment and restructuring plan

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]

Asia’s largest continuous press production line starts production in China

On November 23, 2019, the signing ceremony of Shouguang Luli Wood Industry Co., Ltd. with an annual output of 600 [...]

Improving market conditions for U.S. hardwood in the Chinese market

Recently, the weakness of the U.S. hardwood industry has not improved, and shipments to China of various types of [...]

B.C. mass timber suppliers see surging sales in Canada, US

As the B.C. commodity lumber sector shutters mills, the B.C. value-added sector serving mass timber construction is [...]

IHC 2019: Hardwood industry marked by trade tensions and general economic slowdown

On November 20-21 the 2019 edition of the International Hardwood Conference (IHC) took place in Berlin. The international meeting [...]

B.C. forestry crisis deepens as Canfor announces 2 week shutdown for all its sawmills

Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas and New Years.  [...]