UK faces timber shortage due to ‘unprecedented’ demand
The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown construction and DIY projects [...]
August 5, 2021
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Value of New Zealand’s log exports to increase by 25% this year led by China raising prices
Log exports are forecast to reach US$3.6 billion in the year ending June 2021, led by demand from [...]
August 4, 2021
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Interfor expects sawmill production disruptions
Wildfires in Western Canada, along with log supply issues, could result in a reduction of 50 million board feet in [...]
August 2, 2021
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N. American lumber might rise by 65% by the end of the year
Lumber may have tumbled from its pandemic peak but the stage is set potentially for a 65% rally [...]
August 2, 2021
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Timber prices in Estonia at unprecedented levels
Timber prices in Estonia have reached to unprecedented levels. Pine and spruce are particularly affected, as speculators hold on to [...]
August 2, 2021
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Congestion at New Zealand ports causing logging industry frustration and market fluctuations
New Zealand forestry contractors are reporting that they are losing money, work, and jobs due to fluctuations in the timber [...]
August 2, 2021
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North American lumber giants expect record profits for the second quarter
North American lumber producers are expected to post another quarter of record profits this week, but most of the focus [...]
July 29, 2021
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The French government wants to “boost” the timber industry with 300 million euro aid
“We must boost the wood industry”, said the French Prime Minister Jean Castex, on Saturday July 24, during a visit [...]
July 29, 2021
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Lumber prices could rebound over the next few weeks, Bank of America says
Lumber prices could be due for a late summer rally after falling more than 70% from its recent [...]
July 29, 2021
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China’s import of softwood lumber enters a falling trend
The steady increase in softwood lumber import in China continued during the first six months of 2020, but then entered [...]
July 27, 2021
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