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Lumber

World’s top lumber company CEO sees homebuilding going strong for years

Strong homebuilding activity in North America will mean tight wood supply and demand for several more years, according to the [...]

Evolutions of the Swedish forest industry in the pandemic year

The Swedish forest industry companies' quarterly reports for the third quarter of the year have been published, and now give [...]

Solid Chinese demand for New Zealand logs; prices on the rise

Domestic demand for New Zealand logs and sawn timber remains strong with domestic sales of sawn timber exceeding projections.   [...]

China-Europe container shortage causes freight rates to more than double

The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused [...]

Market implications of West Fraser’s acquisition of Norbord

West Fraser Timber Company, a leading supplier of lumber and other wood products extensively used in the building and construction [...]

North American softwood lumber prices recover as demand improves

It’s unbelievable for this time of year and if someone had predicted it a month ago they would have [...]

India: Log and lumber demand expected to recover starting December

Manufacturing and construction will be relatively quiet in India until late November due to the Diwali festival. Economists suggest this [...]

Largest hardwood producer in US files for bankruptcy due to Covid-19 pandemic

Northwest Hardwoods Inc., the largest hardwood lumber producer in US, retreated into Chapter 11 in Delaware early Monday, saying fallout [...]

U.S.DoC reduces countervailing, anti-dumping duties for B.C. lumber producers

The U.S. Department of Commerce on Tuesday reduced its penalties against imports of Canadian lumber, primarily from B.C [...]

China: Purchase prices of European spruce logs on the rise

Softwood log inventory in China has reduced by approximately 17% over the last month to 3.6m m3.   [...]