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Keyword: Coronavirus

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 [...]

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 [...]

German sawmill industry exports hit with full force by the pandemic; upcoming period still uncertain

   The coronavirus pandemic severely hit the German sawmill and timber industry, especially export oriented companies, leading to production [...]

Impact of coronavirus pandemic on the Russian wood industry

In January-March 2020, Russian roundwood production remained at the previous year’s level, while in Northwest Russia it decreased [...]

US housing starts fell by the most on record due to coronavirus pandemic

US housing starts in April  plunged by the most on record going back to 1959 as sweeping lockdowns to contain [...]

The coronavirus has not stopped the global trade of forest products

The coronavirus pandemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months.   [...]

Germany’s timber companies significantly affected by the pandemic as lockdown measures are withdrawn

Germany is being watched worldwide as the most successful large European country in halting the spread of the virus, thanks [...]

Oversupply causes sharp drop in sawlog prices throughout Europe

Sawlog prices throughout Europe decline in 2019, early 2020 mainly from oversupply, enabling European lumber producers to become more globally [...]

Survey finds 63% of US wood manufacturers remain operational

A recent survey by the Wood Component Manufacturers Association provides insight into the challenges faced by member businesses in the [...]

Belgian timber industry calls for measures to avoid economic collapse

In an open letter, Belgian importers, traders and processors of wood, via their trade association Fedustria, called for political leadership [...]