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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Suez Canal blockage could drive in huge trade disruption
A giant container ship has become wedged across Egypt's Suez Canal, blocking one of the world's busiest trade [...]
March 25, 2021
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EU wood product exporters struggle to respond to UK due diligence requests
One measure already enforced in the UK is the UK Timber Regulation which imposes legality due diligence requirements on all [...]
March 23, 2021
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Vietnam’s wood products exports up 51% in Jan,-Feb. 2021
Vietnam exported over 2.4 billion U.S. dollars worth of wood and wood products in the first two months [...]
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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Leading German timber trade association threatens with lawsuit against lockdown
Before the federal-state consultations on the corona pandemic on March 3, the The German association for the timber trade [...]
March 3, 2021
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China to reduce tariffs on certain wood products
China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into the country [...]
February 23, 2021
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Ocean freight rates at record levels
Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges for premium [...]
February 23, 2021
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European renovation wave creates opportunities for the wood industry
In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]
February 22, 2021
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