North America

Global demand for timber could grow fourfold by 2050

    The World Bank forecasts that global timber demand will quadruple by 2050, driven by economic and [...]

Housing slowdown may mean more downtime for N. American lumber producers

    With signs that U.S. inflation has peaked, expectations are becoming more widespread for the Fed [...]

China: Considerable rise in European spruce log inventories

Softwood log inventories at China’s main ocean ports totaled 3.72 million m3 on October 29th, 2022, a slight [...]

Warren Buffet’s investment company buys stake in Louisiana-Pacific

    In the course of the third quarter, the investment company Berkshire Hathaway, managed by Warren Buffett [...]

Wood industry at COP 27: Combining climate protection and business

    At the COP 27 UN Climate Change Conference in Sharm el-Sheikh, Egypt, Austria's timber [...]

US lumber: Post-bubble prices under further pressure

US lumber futures continued to fall over the past few months as weakening housing markets in major economies amid rising [...]

Global economic slowdown overshadows near-term market outlook for the wood industry

Most countries in the world are experiencing slower economic growth or economic contraction. Certainly, those with global influence are performing [...]

N. American wood products market expected to rise sharply by 2026

The North American wood products market is forecasted to reach $243.9 billion in 2026, witnessing growth at a CAGR [...]

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world's major shipping companies more profitable, but now, such good [...]

Indonesia slows wood product exports to China and US

According to data recently released by the Indonesian Ministry of Environment and Forestry, as of September this year, Indonesia's [...]