Asia & Middle East

Long-term outlook positive for the global forestry machinery market

    The global forestry machinery market, currently valued at around $4 billion, is anticipated to pass $6 [...]

Vietnamese wood products temporarily free from US tariffs

There has been no punitive tariff on Vietnamese wood product export to the US after the US Trade Representative (USTR [...]

EU tropical timber trade faces recession

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.48 [...]

Global sawlog prices on the rise due to sharp recovery in trade

Global log trade made a comeback in the third quarter of the year following two quarters of weak performances. Most [...]

Indian log and lumber import market uncertain

Sentiment from log buyers in Kandla is turning negative, with reports of four vessels to load from Uruguay, one from [...]

Softwood log import prices in China have soared at the beginning of the year

After the New Year's holiday, many log traders are worried about future market uncertainties, and many softwood prices have [...]

Japanese save CLT manufacturer Katerra from bankruptcy

    The Japanese SoftBank has saved the US CLT manufacturer Katerra from bankruptcy with a cash injection [...]

Vietnam tightens timber laws to avoid US tariff threats

Vietnam’s wood industry, under investigation by the U.S. Trade Representative for allegedly importing illegally harvested or traded timber [...]

Global lumber markets benefit from rising prices

Lumber prices have increased worldwide in the second half of 2020 with US prices almost doubling  Lumber Markets [...]