Lumber mill temporarily shuts down in BC, cites low prices terrible state of the industry
Aspen Planers has temporarily shuttered its operations in Merritt, a move that has resulted in approximately 100 workers being laid [...]
June 14, 2024
Latest Trends
Conifex secures $25 Million loan for its lumber segment
Conifex Timber Inc. has secured a $25 million term loan with PenderFund Capital Management Ltd., a Vancouver-based investment firm [...]
June 14, 2024
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Finland: The outlook for the forest industry is gradually brightening
The recovery of the global economy and the anticipated interest rate cuts by central banks will gradually increase the demand [...]
June 13, 2024
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Federal Reserve rate stagnation impacts US wood products markets
The ongoing Federal Reserve rate stagnation is having a ripple effect across the US wood products market and the broader [...]
June 13, 2024
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European construction: Moderate decline in 2024, recovery expected by 2025
The total construction output in the Euroconstruct area fell by 1.4 percent in 2023, which was slightly better than [...]
June 13, 2024
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Sawlog prices on the rise in Latvia
Positive trends can also be observed in the softwood sawlog market in Latvia. The price of softwood sawlogs is [...]
June 13, 2024
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North American lumber prices are persistently stagnating
The North American lumber market has experienced notable fluctuations over the past few years, characterized by periods of extreme volatility [...]
June 12, 2024
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Russian birch plywood now entering EU market through Georgia?
Georgia has unexpectedly increased its import volumes in the European birch plywood market. Even at the beginning of last year [...]
June 12, 2024
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German woodworking machinery industry sees significant fall in production and exports
The German woodworking machinery industry is grappling with a significant slowdown in production and exports, following a record-setting year [...]
June 12, 2024
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North American cross-laminated timber market forecast to surge by 2032
The North American cross-laminated timber market size was valued at US$ 179.4 million in 2023. Projections indicate the [...]
June 12, 2024
Latest Trends
