Archives: August 2021

Canadian sawmills stop production due to high lumber prices

Conifex Timber Inc. said it will temporarily slow production at its sawmill in Mackenzie, British Columbia, due to an “unprecedented [...]

Europe’s largest wood pellet producer acquired by US investment fund

Apollo Global Management, Inc. announced that funds managed by its affiliates have agreed to acquire a majority stake in AS [...]

Czech softwood log prices on the rise

In the second quarter of 2021, the Czech softwood log prices continued their increase that started in the fourth quarter [...]

US lumber price has fallen below $400

Last Friday, the price of framing lumber fell to $399 per thousand board feet, according to Random Lengths. That marks [...]

Chinese timber demand on the rise in mid-August as construction activity heats up

In early August, China's timber demand has started to pick up. The rainy weather in many regions of the [...]

Will the Delta variant able to disrupt US lumber supply again?

Pandemic-related labor shortages had a substantial impact on sawmill output and productivity and ultimately contributed to record wood products [...]

Canada’s lumber giants to lose huge profit gains as demand recedes

  North American lumber producers are expected to see a dip in current-quarter profit after lumber demand for [...]

China: Sharp rise in value of log imports in H1/2021

According to China Customs, log imports in the first half of 2021 totalled 31.26 million cubic metres valued at [...]

Swiss roundwood prices remain low despite boom in lumber

The Swiss wood market has been out of joint for months. Above all, the prices for lumber have practically exploded [...]

N. American lumber dealers report excess stock as prices cool

Supply conditions in the US lumber market have shifted rapidly as prices have normalized, with 49% of dealers saying they [...]