Archives: June 2021

N. American lumber price rally seems to stall

The unprecedented rally in the lumber market has begun to falter, but industry analysts expect lumber prices to remain at [...]

Canfor to invest $160 million in a new sawmill in Louisiana

    Canfor Corporation today announced it will invest approximately $160 million USD to build a new, state [...]

Sweden: Sawmills run at high speed on record export prices

In its latest newsletter, Danske Bank has taken a closer look at the Swedish sawmills' corona boom and how long [...]

The market has tipped in US, lumber prices finally fall

    The futures price for lumber peaked in early May. But the "cash" price (the price sawmills [...]

German furniture industry faces worsening raw material bottlenecks

In the German furniture industry, the supply situation for important supplier products is worsening. In a current association survey, around [...]

Japan wood industry in danger due to global timber shortage

A global shortage of wood and soaring prices are threatening Japan’s lumber industry and has business operators fearing serious [...]

Segezha Group sent first lumber container train from Russia to China

    On May 21, the Arkhangelsk-based company Onega Sawmills - part of the Segezha Group - sent its [...]

Bark beetle crisis drags log prices down in the Czech Republic

    Last year saw a record 35.8 million cubic meters of wood logged in the Czech [...]

BSW Timber acquires Bayram Timber

BSW Timber, the UK’s largest integrated forestry and sawmilling group, has acquired Bayram Timber.    Established [...]

Pervanovo to acquire large oak veneer producer in Croatia

Pervanovo Invest AB, headquartered in Viken Sweden and with subsidiaries in Croatia, has acquired 98% of the shares in Spa [...]