Archives: January 2021

U.S. hardwood sector faces multiple issues

The biggest issue the hardwood industry faces is loss in domestic consumption. International hardwood export, Michael Snow, comments on key [...]

N. American lumber pricing surge expected to persist in 2021

    An unexpected rebound in wood product prices in December was boosting profits for Canadian forestry companies [...]

Facing Chinese trade ban, Australia looks to India as a new market for its timber

With the embargo imposed by China on the importation of Australian logs still in effect, it is becoming a race [...]

N. America: Wood products pricing volatility likely to persist this year

  Pandemic-related supply constraints likely in new year  A year marked by high demand, supply constraints [...]

European trade of wood chips up substantially as sawmills ramp up production

    Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional [...]

Phytosanitary controls to be extended to UK wood product imports from EU countries

A significant impact of the UK’s exit from the EU single market on 1st January is the requirement for [...]

Australia’s role as a hardwood chip supplier to China and Japan dramatically diminished

    Hardwood chip exports from Australia fell 14% from 2018 to 2019, the first y-o-y [...]

The global forest industry rides out of a terrible year

The global forest industry has gone through an unprecedented year caused by the Covid-19 pandemic. These are the key [...]

Finland: Log prices on the rise in November

    In November, the prices of softwood logs were 3–5 per cent higher in real terms [...]

Egger highlights recovery from COVID-19 pandemic in its financial report

The Egger Group, headquartered in St. Johann in Tirol, closed the first half of its 2020/2021 financial year (reporting [...]