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Australian softwood log exports: Indian market not yet able to fill the Chinese void

November 2021 was the thirteenth consecutive month to record declines in Australia’s annual softwood log exports, with the annual [...]

Vietnamese wood product exports are expected to grow in 2022

Vietnamese wood and furniture products are expected to grow in 2022 due to the purchasing demand of the international market [...]

Record pellet production in Germany

Although the production of wood pellets in Germany fell slightly in the fourth quarter of 2021, a new production record [...]

North American lumber prices are up 30% in February

   Lumber has surged nearly 30% so far this month in step with the wider rally in global commodities [...]

UPM Plywood profitability hits record high in 2021

In 2021, sales of plywood by the Finnish forestry group UPM-Kymmene increased by 8% year-on-year to 738 [...]

Swedish sawmills plan record investments in production capacity expansions

Swedish sawmills have made record results in 2021 and there are plans for record investments and increased timber demand in [...]

Falling softwood log inventories in China

GWMI industry sources in China reported that softwood log inventories at the country’s main ocean ports totalled 5.3 [...]

North American lumber surges again as supplies shrink

Lumber is on a tear again, bringing back the specter of increasing construction costs.    Lumber futures [...]

Czech sawmills expect some stabilization in both lumber sales and prices

The year 2021 was a year of unexpected extremes for the Czech sawmills. Especially in the prices and sales of [...]