North America

US cuts softwood tariffs in half for Canadian lumber

The US Commerce Department is cutting tariffs against most Canadian softwood lumber producers by half, but the long-running trade [...]

EU pellet demand expected to set a new record in 2022

    The European Union consumed a record 23.1 million metric tons of wood pellets in 2021 [...]

European lawmakers battle over whether to limit wood pellets for energy

A European Parliament effort to roll back policies and subsidies that encourage burning wood pellets for energy has suffered a [...]

Canfor invests US$210 million to build a new sawmill in southern Alabama

Canfor Corporation will invest approximately US$210 million to build a new, state-of-the-art sawmill complex in southern [...]

N. American softwood lumber prices are seeking direction

   North American softwood lumber prices are seeking direction as the housing market finally shows signs of slowing down [...]

West Fraser Timber denies Kronospan, CVC takeover

    West Fraser Timber Co. Ltd. says it has not received any takeover offer after a report [...]

N. American lumber prices are sending a signal we should not ignore

Lumber is a highly illiquid futures market, making trading, investing, and hedging challenging. The lack of volume and open interest [...]

Western Forest Products invests $29 million in its B.C. operations

    Western Forest Products has invested approximately $29 million towards its B.C. operations    [...]

Global trade of softwood lumber slowed in early 2022

Global trade of softwood lumber slowed in early 2022, in particular lumber headed to China, the US, and Germany, where [...]