Archives: November 2018

Lowe’s to close 51 stores in North America

Lowe’s Companies, Inc. announced the wind-down of certain underperforming store locations as part of its ongoing strategic reassessment [...]

Forecast: New trends to emerge in China’s softwood log, lumber supply chain

Ongoing developments and emerging themes in China continue to significantly impact market dynamics; these key themes are unmistakable to anyone [...]
November 16, 2018 Latest Trends / Market Analysis / ...Forestry / Sawmilling / China

Stable softwood lumber prices in US

Firm to higher prices were the rule on the heels of last week’s activity in the US. Some follow [...]

Kährs Group to build a wood pellet plant

Kährs Group is constructing a pellet plant in Nybro, Sweden. The new plant is to be operational in December [...]

Growth in EU imports of wood pellets from US continues this year

      US wood pellets exports to Europe have risen by 11% during the first nine [...]

China expected to become BC’s main forest products export market, surpassing the US

Canada’s key export-support organization boldly predicts China will surpass the United States as British Columbia’s top market [...]

100 million m3 of damages in Europe due to storms and beetle infestation in over 1 year

The autumn storm "Vaia", which led to large-scale damages in the forests of northern Italy and southern Austria from [...]
November 14, 2018 Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe

Canfor buys Elliott Sawmilling for US$110 million

Canfor Corporation has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina for a [...]

US softwood lumber prices decreased by 22% since summer

In October, prices for softwood lumber in the U.S. dropped 10.3% - the largest decline since May 2011.  [...]