It’s time for higher US lumber prices
US lumber prices have been climbing since their recent bottom in mid-July. A “normal” cycle sees prices dropping from [...]
October 9, 2024
Latest Trends
Europe’s green ambitions stumble as deforestation law faces delay
Europe’s bold plans to curb global deforestation have encountered a significant roadblock, as the European Union announced a one [...]
October 9, 2024
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Western Forest Products to cut lumber production by 10%
Western Forest Products Inc. announced a significant reduction in lumber production for the final quarter of 2024. The company will [...]
October 9, 2024
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Norway’s sawmill industry at risk due to record timber prices
Norway's sawmill industry is under immense pressure due to historically high softwood sawlog prices, a situation exacerbated by challenges [...]
October 9, 2024
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EU sawmills return on the Japanese market: 50% export growth
Between January and July 2024, softwood lumber exports from the European Union to Japan have experienced a remarkable growth. According [...]
October 8, 2024
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EUDR: Commission proposes postponement, guidelines and FAQs published
On October 3, 2024, the EU Commission proposed postponing the application of the EUDR by one year. Subject to approval [...]
October 8, 2024
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Poland’s timber industry faces potential billions in losses due to proposed logging restrictions
The recent proposal to exclude 20% of Polish forests from timber harvesting has sparked significant concern within the timber industry [...]
October 8, 2024
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Stora Enso plans to sell its forests in Sweden
The forest company Stora Enso is preparing to sell part of its forest assets located in Sweden. The purpose [...]
October 8, 2024
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Besse Forest Products Group closes 6 mills in Wisconsin and Michigan
Besse Forest Products Group, a longtime leader in Northern hardwood veneer, lumber, and specialty plywood manufacturing, has closed six of [...]
October 8, 2024
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New Zealand timber industry has yet to experience a revival
The state of NZ’s domestic timber market is widely unchanged. Structural markets continue to feel the pinch of low [...]
October 8, 2024
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