Archives: February 2021

US softwood lumber market evolution in 2021-2022

    According to the Random Lengths Framing Lumber Composite Index, the price of softwood lumber in the [...]

Strong demand in UK but freight problems lead to shortages and rising timber prices

A positive factor for the UK timber trade in 2020 was that the initial downturn in construction sector activity, which [...]

Chinese woodworking machinery industry to enter a stage of smart manufacturing

Woodworking machinery is the industrial foundation of furniture manufacturing, the wood processing industry, and other industries. With the improvement of [...]

UPM plans to close a sawmill in Finland

    Finnish forest industry giant UPM sawmill supply chain will be streamlined, one production line will be [...]

World’s largest wood flooring factory to be build in Croatia

In October 2020, Pervanovo Invest AB, the parent company of the group of companies that includes Välinge Innovation and [...]

Wood processing companies in China cut back production as Chinese New Year approaches

    Importers in China have cut back on orders in advance of the slowdown in manufacturing associated [...]

Spectacular 2021 start for the North American lumber market

We’re just a few weeks into a new year but in the North American softwood lumber market, 2021 is [...]

S. Korea’s 2021 imported wood pellet demand expected to remain stable

  South Korea's 2021 imported wood pellet demand may remain stable from last year at 3mn t as [...]

West Fraser completed acquisition of Norbord

    West Fraser Timber Co. Ltd. shares closed 4% higher Monday (up $3.24 per share) on [...]

Container shortage impacting prices of timber imports in China

The availability of shipping containers and disruptions to shipping schedules is impacting the flow of Chinese wood product imports.  [...]