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Lumber

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]