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Global Trends

Demand for African tropical timber recovering but prices easing

As businesses in importing countries adapt to working with the coronavirus risk trade has started to revive and some FOB [...]

IKEA plans to enter Indian wood market delayed due to Covid-19 pandemic

IKEA India’s plans to enter in the wood market have been delayed because of the Covid-19 pandemic.  [...]

Implications of UK post-Brexit Tariff Schedule on wood products

From 1st January the UK will implement a new “Global Tariff” regime which closely mirrors the existing EU tariff regime [...]

Major implications for timber trade as Brexit endgame nears

The long drawn-out process of the UK breaking ties with the EU, which started with the referendum of July [...]

Strong demand for sawn timber causes rise in roundwood prices in Central Europe

The strong local and global demand for sawn timber in Germany, Austria and Switzerland (DACH) is largely responsible for the [...]

China: Total timber imports this year is expected to reach 110 million cubic meters

It is estimated that China's total timber imports this year is expected to reach 110 million cubic meters.  [...]

Norbord resumes production at Chambord mill on improved OSB demand

Norbord Inc. intends to restart production at its oriented strand board (OSB) mill in Chambord, Quebec in spring 2021.  [...]

Binderholz Group wins auction of Klausner Lumber Two sawmill in North Carolina

The Austrian Binderholz Group, headquartered in Fügen, has purchased all assets of Klausner Lumber Two LLC, headquartered in Enfield [...]

Lumber prices in US rise amidst increased construction spending

Lumber prices are at their highest level since September 2020, and after ending October with a slump, random length lumber [...]

Canada to challenge U.S. softwood lumber export duties through WTO

Canada said it will be considering “all of its legal options” to challenge Canadian softwood lumber export duties unveiled by [...]