Archives: April 2021

Timber prices soar in China, supplies short amid coronavirus disruptions

Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress [...]

Rising freight rates adding pressure on the plywood market

    A key concern in the plywood sector is soaring freight rates, notably in containerized trade. With [...]

MDF to replace large part of unorganized plywood segment, says Greenpanel official

Greenpanel, India’s largest producer of MDF, has state-of-the-art manufacturing plants in Uttarakhand and Andhra Pradesh, with [...]

Germany to limit spruce logging

The German Federal Council accepted the Forest Damage Compensation Act on March 26th. Because the large amounts of damaged wood [...]

Komatsu plans to grow forestry machine sales in North America and ASEAN

Japanese machinery maker aims to boost segment's revenue by 40%    Japanese equipment maker Komatsu hopes [...]

Australia’s timber faces a long-term deadlock due to the freezing of Chinese imports

    Australia is preparing to completely interrupt its annual timber trade with China after Beijing Customs' request [...]

China: Prices for New Zealand radiata pine logs rising sharply in March

    Details of the price changes of Chinese imports of radiata pine logs in March are as [...]

Drax’s acquisition of Pinnacle approved by shareholders

Pinnacle Renewable Energy Inc. and Drax Group plc. on March 31 each announced shareholder approval for the planned acquisition of [...]

US wood production hits pre-crisis levels despite record lumber prices

    Loggers are busier than usual. They're working to chop away at the US' pandemic-spurred [...]

EU plywood companies report good profits, but supply a struggle

    The good news from the majority of European hardwood plywood importers interviewed March 2021 was that [...]