UPM to close plywood mill in Finland due to profitability reasons
UPM Plywood is planning to permanently close its Jyväskylä plywood mill in Finland, which is producing spruce and birch [...]
June 3, 2020
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Supply concerns determine Chinese log buyers to pay more for New Zealand logs
The At Wharf Gate (AWG) prices paid by log exporters in May increased +NZ$50-56 per m3 from the [...]
June 3, 2020
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Will the forest products industry evolve post Covid-19?
2020 will be marked as the year of change. Change sometimes occur innately to alter the strategic direction [...]
June 2, 2020
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Concerns over the evolution of China’s log demand in the medium term
There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said [...]
June 2, 2020
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US lumber prices continue to rise but sales volumes were unsteady
Sawmills across North America looked toward the end of summer after mid-May, as lumber prices continued to rise but [...]
June 2, 2020
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EU tropical timber trade weakened before COVID lockdown
Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]
June 2, 2020
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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
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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
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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
North American softwood lumber prices continue upward trend at the end of May
Given the current situation in many regions of the US, it is assured that demand for plywood and other panel [...]
June 1, 2020
Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / North America