Archives: November 2022

Housing market gloom puts North American sawmills at risk

A pall in North America’s housing market is slashing demand for lumber and threatening to shut down sawmills in [...]

UK: Uncertain timber market conditions expected in 2023

    The Timber Development UK (TDUK) annual market conference in central London was unequivocal in its message [...]

Western Forest Products sees N. American housing market supporting lumber demand

    Western Forest Products Inc. reported third-quarter results on Thursday. The company sees the fundamentals of [...]

Mood in the German timber industry has improved slightly in October

After a temporary low point at the start of autumn, the mood in the German timber industry improved in October [...]

IHC 2022: Hardwood market between shortages of raw materials and high energy costs

On the 28th of October, a successful International Hardwood conference was organised in Lyon by the French National Wood Federation [...]

German softwood lumber prices down 21% in September

The current situation in the German timber market is still fragile, largely dependent on the growing demand for timber brought [...]

Western Forest Products to curtail its Port Alberni sawmill

Western Forest Products said that operations at its sawmill in Port Alberni, BC, have been temporarily curtailed. Work at the [...]

Rayonier makes acquisitions in US South

Rayonier Inc. announced that the company has entered into two separate agreements to acquire approximately 172,400 acres of high [...]

Low pellet fuel supply in Europe creates supply shock

    Reduced pellet supplies in Western Europe and the U.K. resulting from sanctions on Russia has [...]

Disruptions in global trade of lumber and logs due Ukraine war

    Russia’s invasion of Ukraine on February 24th came as a shock to many in Europe [...]