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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Canfor completes acquisition of Elliott Sawmilling
Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020. Elliott Sawmilling [...]
June 2, 2020
Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
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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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 [...]
June 1, 2020
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Lumber prices see surprise win as Americans renovate homes
Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was [...]
June 1, 2020
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