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Forestry

Canfor completes acquisition of Elliott Sawmilling

Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020.     Elliott Sawmilling [...]

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 [...]

Indonesia to revoke ending legality license for wood exports

The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]

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 [...]

Conifex announces further extension of COVID-19 curtailment

With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]

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 [...]

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 [...]

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 [...]

12 companies interested in Klausner’s Lumber One sawmill in Florida

The Klausner Lumber One sawmill in Live Oak, Florida is said to have a new owner within 90 days. A [...]