North America

Rising prices could keep European lumber exports to the US at high pace in 2022

    European softwood lumber exports to the USA continued to rise in 2021, although the pace of [...]

Western Forest Products to temporarily close one of its sawmills due to log shortage

Western Forest Products is considering curtailing operations at its Chemainus sawmill starting next week due to a log shortage.  [...]

US lumber plunges for 7th day on demand fears, supply chain chaos

US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago [...]

Enviva plans to double wood pellet production up to 13 million tons

    Enviva Inc. on Jan. 19 announced accelerated plans to double its wood pellet production capacity and [...]

U.S. sawmill production fails to meet housing demand for lumber

Insufficient production is causing an unprecedented spike in US lumber prices as sawmill output fails to keep up with consumer [...]

Chinese softwood lumber imports drop 26% in 2021

    China’s imports of softwood lumber in 2021 declined by -26.2% year-over-year to [...]

Chinese timber import market faces a complicated 2022

    At the beginning of the new year, the Chinese timber industry is waiting for the market [...]

Why N. American lumber prices have nearly tripled again?

Simple economics popped the lumber bubble last year. Once the price of lumber topped $1,515 per thousand board feet [...]

Lumber prices in US are ‘looking like a repeat of 2021’

     A survey of home builders revealed expectations that lumber prices will continue to soar in 2022 [...]

B.C. lumber producers on a roller-coaster ride due to price fluctuations

BC Lumber producers are accustomed to boom and bust cycles, but the past two years have been surprisingly volatile for [...]