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Global Trends

Vietnamese company to supply 300,000 t/yr of wood pellets to Japan

Eastwood Energy Joint Stock Company signed a long-term contract with CellMark, a global supply chain service company, to sell [...]

Stora Enso plans to cut jobs; to close one sawmill in Finland

70 people are involved in the negotiations. 15 jobs are expected to be cut.  Efora, that specialises in [...]

Italian woodworking machinery industry sees sharp fall in orders

In the second quarter of 2019 the orders of wood and furniture machinery and equipment in Italy have decreased by [...]

Billionaire Jim Pattinson makes offer to take over Canfor private for almost US$ 1 billion

Jim Pattison's Great Pacific Capital Corp. has made an offer to buy the rest of Canfor Corp. it does [...]

US to set countervailing duties of up to 229.24% for Chinese wooden cabinets

The U.S. Commerce Department said on Friday it has made a preliminary determination that wooden cabinets and vanities imports [...]

US softwood lumber prices flat, as trade stalls

Framing lumber prices were flat to mildly mixed amid measured follow-through from last week’s more active finish in [...]

North American lumber production on a downward trend; Canadian output drops by 10%

U.S. sawmills produced 14.647 billion board ft. (bbf) of softwood lumber in the first five months of 2019 [...]

15% rise in prices for hardwood chips exported from Latin America

Tight supply of hardwood fiber in the Pacific Rim have pushed prices for Latin American hardwood chips upward during the [...]

Prices for Vietnamese wood pellets falling sharply

As demand in South Korea is slowing down, Vietnamese wood pellets prices are falling relative to the rise seen this [...]

Major boom in prefabricated wooden houses in Czechia

The market with prefabricated wooden houses in the Czech Republic is experiencing a major boom. While ten years ago, there [...]