Archives: 2020

UPM to close plywood mill in Finland

    UPM Plywood is planning to permanently close its Jyväskylä plywood mill in Finland, which is [...]

Worries over the evolution of China’s log demand in the medium term

There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said [...]

EU tropical timber trade weakened before COVID lockdown

Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]

Currency devaluation agains US dollar puts additional pressure on Chinese timber importers

    On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center [...]

US wood pellet sector well-positioned for the post-pandemic period

    The wood pellet sector in US has many advantages that other sectors might envy as they [...]

Indonesia revokes ending legality license for wood exports

The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]

US lumber prices see surprise win as Americans renovate homes

    Lumber futures are heading for their second-straight monthly gain at a time when gloom from [...]

Conifex announces further extension of COVID-19 curtailment

With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]

Vancouver allows 12-storey wood buildings

    The City of Vancouver Council has approved by-law amendments allowing mass timber construction up to [...]