Archives: August 2021

Mercer to buy Katerra’s CLT facility

Mercer announced that it received approval from the applicable Bankruptcy Court of the acquisition by its wholly-owned subsidiary of [...]

UK faces timber shortage due to high demand

The price of timber has risen sharply with builders struggling to get supplies, as post-lockdown construction and DIY projects [...]

France’s wood industry is expected to quadruple its market share in construction in 10 years

The French timber industry, with 60,000 companies and nearly 400,000 jobs, intends to quadruple its market share in [...]

New Zealand’s log exports to increase by 25% this year led by China rising prices

Log exports are forecast to reach US$3.6 billion in the year ending June 2021, led by demand from [...]

Bank of America: Lumber prices could rebound over the next few weeks

     Lumber prices could be due for a late summer rally after falling more than 70% from [...]

French timber industry receives 300 million euro aid

“We must boost the wood industry”, said the French Prime Minister Jean Castex, on Saturday July 24, during a visit [...]

Challenging European plywood market

Some European plywood importers report that container costs out of Asia have started to come off their pandemic peak. Others [...]

Congestion at New Zealand ports causing logging industry frustration

New Zealand forestry contractors are reporting that they are losing money, work, and jobs due to fluctuations in the timber [...]

Estonia: Timber prices at unprecedented levels

Timber prices in Estonia have reached to unprecedented levels. Pine and spruce are particularly affected, as speculators hold on to [...]

North American lumber might rise by 65% by the end of the year

     Lumber may have tumbled from its pandemic peak but the stage is set potentially for a [...]