UPM’s profits fall sharply in Q3/2020
Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter. [...]
October 28, 2020
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N. American softwood lumber prices drop sharply, but remain high
“What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm [...]
October 28, 2020
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Setra manages to sell its closed Rolf sawmill
There have been many trips around Setra-owned Rolf's sawmill in Kalix, Sweden which were finally closed [...]
October 28, 2020
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Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts
The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize [...]
October 27, 2020
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Huntsville Forest Products to acquire hardwood sawmill from Rayonier
Haliburton Forest & Wild Life Reserve, through its wholly-owned subsidiary Huntsville Forest Products (HFP), announced the acquisition of a [...]
October 27, 2020
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West Fraser reports large profits in Q3/2020 on higher lumber prices
West Fraser Timber Co. Ltd. says it swung to a large profit in the third quarter on higher [...]
October 27, 2020
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France: Estimates see a doubling in bark beetle wood volume in 2021
The bark beetle crisis has affected spruce forests in the north-eastern quarter of France since the summer [...]
October 27, 2020
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Tighter supplies of wood in global markets expected to increase prices in the upcoming period
The easing of lockdown conditions in many countries are causing significant upward pressure. These include a mismatch between [...]
October 26, 2020
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UK urges timber traders to prepare for changes effective at the end of 2020
Businesses trading timber between Great Britain (GB) and Northern Ireland (NI) are being urged by the UK Government to take [...]
October 26, 2020
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Canfor earnings rise on lumber price spike
The first of B.C.'s three forestry majors released third quarter financial results Thursday that confirm an [...]
October 26, 2020
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