Sawmills in China slowed down or stopped production in May due high costs of imported logs
In March import prices in China had picked up despite total log inventory still building to over 8 [...]
June 1, 2020
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / Global / North America / Russia
Chinese timber importers face additional cost pressure from Chinese currency devaluation against US dollar
On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center to announce that the [...]
June 1, 2020
Daily News / Global Trends / Market Analysis / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / China / Europe / Global / North America
Wood pellet sector in US well-positioned for the post-pandemic period
The wood pellet sector in US has many advantages that other sectors might envy as they, too, navigate business during [...]
June 1, 2020
Daily News / Global Trends / Market Analysis / Wood pellets / Wood Products / Global / North America
New investigation finds European companies taking advantage of loophole to imports teak
A new investigation has uncovered a scheme exploiting a loophole in the European Union Timber Regulation (EUTR) that [...]
May 29, 2020
Daily News / Global Trends / Market Analysis / Forestry / Wood Products / Asia & Middle East / Europe / Global / North America
Upward trend in Russian timber prices
In April 2020, the export price of hardwood timber used for sawing and planing in Russia reached the highest value [...]
May 29, 2020
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / Russia
Plywood markets coming back to life after COVID-19
In the past three weeks we have seen Western US plywood markets building and coming alive, after about a ten [...]
May 29, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Wood Products / Wood-based panels / Global / North America
UK to apply tariffs for imported wood and wood products
From 1 January 2021, the UK will apply a UK-specific tariff to imported goods. The UK Global Tariff (UKGT [...]
May 29, 2020
Daily News / Global Trends / Market Analysis / Forestry / Furniture / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Wood flooring / Wood Products / Wood-based panels / Europe / Global
Global demand for African tropical timber decreasing
Millers in West Africa have provided some comments on shipping opportunities and market developments saying they have been told ports [...]
May 29, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Africa / Europe / Global
China trade and COVID-19: A double blow to US hardwood producers
The trade conflict with China has hit the United States hardwood sector hard and the coronavirus pandemic has [...]
May 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / China / Global / North America
Canadian lumber giants’ shares see spectacular rise on strong demand and prices
Canadian lumber producers' shares soar on strong demand, prices, fueled by better-than-expected US housing market indicators [...]
May 28, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Pulp & Paper / Sawmilling / Wood Products / Global / North America