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Sawmilling

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 [...]

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 [...]

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 [...]

Conifex announces further extension of COVID-19 curtailment

With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]

Vancouver to allow 12-storey wood buildings

The City of Vancouver Council has approved by-law amendments allowing mass timber construction up to 12 storeys for residential [...]

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 [...]

12 companies interested in Klausner’s Lumber One sawmill in Florida

The Klausner Lumber One sawmill in Live Oak, Florida is said to have a new owner within 90 days. A [...]

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 [...]