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Price analysis and info

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 [...]

Upward trend in Russian timber prices

In April 2020, the export price of hardwood timber used for sawing and planing in Russia reached the highest value [...]

UK to apply tariffs for imported wood and wood products

From 1 January 2021, the UK will apply a UK-specific tariff to imported goods. The UK Global Tariff (UKGT [...]

Global demand for African tropical timber decreasing

Millers in West Africa have provided some comments on shipping opportunities and market developments saying they have been told ports [...]

Canadian lumber giants’ shares see spectacular rise on strong demand and prices

   Canadian lumber producers' shares soar on strong demand, prices, fueled by better-than-expected US housing market indicators [...]

Prices of exported New Zealand logs rise sharply as Chinese inventories running low

Exports of logs from New Zealand were worth just $96 million in April 2020, down $211 million from $307 million [...]

N. American softwood lumber prices jumped once again last week

A lot of regular life activities remain unknown as various jurisdictions “open up” from the Covid19 isolation and quarantine. Regardless [...]

Lithuanian roundwood prices fall sharply in March 2020

In March 2020, pine logs in Lithuania were priced at € 56/ m3 (-24% compared to March 2019), spruce logs at [...]

Pandemic pushes US lumber prices higher

Rising demand stemming from a surge of do-it-yourself projects from consumers working at home coupled with restricted supply [...]