Wood prices under pressure in Germany
Wood prices are also coming under pressure in Germany. One reason for this is the plummeting world market prices. Another [...]
July 24, 2024
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Canfor president and CEO to retire at end of 2024
John Baird, Chairman of the Canfor Corporation Board of Directors, announced that Don Kayne, president and CEO, plans to retire [...]
July 24, 2024
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Sharp fall in China’s timber imports in H/2024
China imported 32.769 million cubic meters of timber in the first half of the year, down 5.3 percent [...]
July 24, 2024
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Projections to 2050 indicate significant increases in global wood demand
The United States Department of Agriculture (USDA) has generated new projections of world roundwood and forest product demand using the [...]
July 24, 2024
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China rejects EUDR: standoff could plunge EU into supply crisis
The European Union’s flagship policy is in crisis. With over 40% of all wood furniture and cardboard exports at [...]
July 23, 2024
Weyerhaeuser to indefinitely close Vanceboro sawmill
Weyerhaeuser will close its sawmill in Vanceboro this September, leading to the loss of 73 jobs, according to state filings [...]
July 23, 2024
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Von der Leyen re-elected as president of the European Commission; EU Commissioner for Housing announced
Ursula von der Leyen has been re-elected as president of the European Commission in a make-or-break vote [...]
July 23, 2024
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Finland: Log prices rise to record levels
Wood trade prices in Finland rose to record levels in June, with volumes remaining high. Monthly real prices for pine [...]
July 23, 2024
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Brazilian timber exporters face strong trade tensions
Timber exporters from Brazil report strong trade tensions in a season already plagued by international political uncertainties. A new [...]
July 23, 2024
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The November US election could determine lumber demand and prices
The November 2024 U.S. presidential election could impact the Federal Reserve's approach to interest rates. Democrats support an [...]
July 19, 2024
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