North America

Interfor acquires minority interest in GreenFirst Forest Products, continuing expansion in eastern Canada

  B.C. lumber giant Interfor Corp laid the groundwork for additional expansion in Eastern Canada this week by [...]
May 6, 2022 Forestry / Sawmilling / ...North America

Significantly reduced log supply to China

The total log demand in China has reduced since last year’s real estate and construction crisis in China due [...]

North American lumber demand expected to remain high even if a recession occurs

    With Russia’s war in Ukraine, runaway inflation and rising interest rates, analysts and economists speaking [...]

Global supply-chain congestion shows signs of easing

Port bottlenecks that have increased supply-chain congestion because of the war in Ukraine and lockdowns in China may be [...]

Bauwerk Group to acquire Somerset Hardwood Flooring

    Swizerland-based Bauwerk Group AG has announced the acquisition of Somerset Hardwood Flooring, a vertically integrated [...]

Lumber markets are expected to tighten both short and long term

    The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe [...]

Shanghai blockade could make Europe face ‘logistics nightmare’

    Although there are signs that Shanghai port congestion is easing, European business could face a "logistics [...]

China: Covid lockdown puts pressure on the softwood log imports

    In China COVID has significantly disrupted the log trade with major cities under lockdown and building [...]

Russian imported plywood will be ‘hard to replace,’ says US hardwoods group

    As of April 8, the U.S. has suspended normal trade relations with Russia and Belarus [...]

North American lumber prices to rebound into summer after reclaiming the $1,000 level

     North American lumber prices crossed back above the $1,000 level on Thursday as seasonal demand [...]