Archives: 2020

German furniture industry expects a 10% drop in sales for 2020

The German furniture industry has so far come through the corona crisis robustly compared to other economic sectors.   [...]

Global forest products trade remained strong despite pandemic

    Although the COVID-19 pandemic has negatively impacted supply chains for many industry sectors worldwide, the [...]

Why the US lumber prices have increased by 60%?

    US lumber prices made a big comeback in the second quarter, with a nearly 60% jump [...]

New Zealand log prices down and have potential to fall further this summer

    The age-old adage 'what goes up must come down' has played out as expected with [...]

Swedish Setra maintains full sawmill production despite pandemic

Swedish sawmiller Setra says COVID-19 is continuing to cause uncertainty but it has succeeded in maintaining full sawmill production [...]

Lumber shortage and rising prices affecting N. American construction industry

A shortage of lumber is affecting the North American construction industry in what's usually its busiest time of the [...]

ULK Group to start construction of its mega sawmill in Russia this month

Russia's largest timber industry complex will be built in the village of Karpogory, Arkhangelsk region. Russia's ULK Group [...]

European production of wood-based panels drops 1.8% in 2019

In a meeting held recently by videoconference with press contacts, associate members and collaborating institutes, EPF (European Panel Federation) presented [...]

Vietnam plywood companies to face increased trade risks

China has invested in 29 plywood projects worth over US$150 million in Vietnam, becoming the country’s largest plywood [...]