Moody’s: Limited supply, strong demand to drive most wood product prices to peak level in 2021
The outlook for the global forest products industry remains positive, said Moody’s Investors Service. [...]
March 25, 2021
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US wood product manufacturers producing at highest levels since 2007
Despite the many challenges presented by the pandemic, US wood products manufacturers are responding to the high demand by producing [...]
March 25, 2021
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Södra to invest in new CLT facility in Värö, Sweden
Södra is investing in a new facility that will increase the production capacity of timber frames ten-fold. [...]
March 25, 2021
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North American lumber prices plateau after previous weeks’ leaps
Potentially signalling a plateau in lumber prices, at least for the time being, benchmark softwood lumber commodity items stayed flat [...]
March 25, 2021
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Lumber prices play key role in declining U.S. housing starts
February’s housing start numbers have been disappointing for the housing market. Housing starts fell last month by 10.3 [...]
March 22, 2021
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Forecast: Global roundwood market expected to grow in the next years as demand rises
The global roundwood market is estimated at a huge figure of approx. $312B, which equals to near 2 billion cubic [...]
March 18, 2021
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Worldwide demand for European sawn softwood sees sharp rise
Internationally, sawn softwood consumption is concentrated around 3 equivalent poles: Europe, Asia and North America. Demand is well oriented there [...]
March 16, 2021
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Will the global container shortage crisis last for a long time? 2021 will still be full of challenges
The global shipping system is currently experiencing a unique and unexpected crisis. A series of unusual events triggered by the [...]
March 15, 2021
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North American softwood lumber continue to increase after record highs
The latest data on U.S. home sales and house prices, released last week, underscored why softwood lumber prices keep [...]
March 11, 2021
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Ongoing recovery of the European softwood lumber market
Until recently, the total annual consumption of softwood lumber in Europe has been steadily increasing and in 2019 reached the [...]
March 8, 2021
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