Canfor extends sawmill curtailments in BC
Canfor Corporation will extend sawmill curtailments in British Columbia (B.C.) due to ongoing weak market conditions and the lack [...]
January 9, 2023
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
China to reduce tariffs on wood products with effect from Jan 2023
According to the Ministry of Finance of China, the Customs Tariff Commission of the State Council has issued an announcement [...]
January 9, 2023
Latest Trends / Forestry / ...Industry Prices / Sawmilling / China / Europe / North America / Russia
US lumber prices continue to fall despite low inventories
Wood-pricing service Random Lengths said that its framing-lumber composite index dropped in the last week of 2022 to [...]
January 5, 2023
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America
Tolko extends B.C. shutdowns due to weak markets
Tolko Industries has announced that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations in B.C [...]
January 5, 2023
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Rayonier completes acquisitions in U.S. South
Rayonier Inc. completed its previously announced acquisitions of high-quality commercial timberlands located in Texas, Georgia, Alabama, and Louisiana from [...]
December 26, 2022
Companies in the timber industry / Latest Trends / ...Forestry / North America
China: Hopes that Covid restriction easing would bring back wood demand
Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]
December 19, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Construction / Wood-based Panels / Asia & Middle East / Australia and Pacific Region / China / Europe / North America / Russia / South America
US homebuilders buy time with huge backlogs
The US housing market has fallen off a cliff, but for now, homebuilders are biding their time. As bad as [...]
December 19, 2022
Companies in the timber industry / Latest Trends / ...Market Analysis / Industry Prices / Wood Construction / North America
India: Weak log and sawn timber import market
Activity in Gandhidham is slow to recover after the Diwali holidays due to negative sentiment. Log importers and sawmills report [...]
December 16, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Asia & Middle East / Australia and Pacific Region / Europe / North America
Global container freight rates falling sharply
For more than two years the only way for container shipping prices was up. That trend is now reversing as [...]
December 16, 2022
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Africa / Asia & Middle East / Australia and Pacific Region / China / Europe / North America / Russia
Lumber futures rise on more Canadian sawmill curtailments
US lumber futures rose by the most allowed by exchange rules following Canfor's announcement that it would further curtail [...]
December 13, 2022
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America