North America

China mills struggling with higher import log prices

The rate of increase in log prices has slowed with some mills in China now struggling with the higher log [...]

US lumber price hike not reflected by rise in timber prices

US timber pricing has been relatively stable through the pandemic. Compared to lumber prices, which have increase dramatically over the [...]

US housing starts drop sharply due to skyrocketing lumber prices

  U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and [...]

N. American lumber boom not supported by new sawmills

North America’s sawmills can’t keep up with demand, which has sent wood prices on a meteoric rise. Don [...]

N. American lumber prices start to drop

North American umber prices fell for the fifth consecutive day on Friday, May 14.    After soaring [...]

Weyerhaeuser invests $157 million sawmill upgrade

Weyerhaeuser will invest $157 million in a multi-year, two-phase project to upgrade equipment and modernize its sawmill in [...]

Recovery of lumber production capacity in N. America is not as easy as imagined

    Although the price of lumber rose sharply during this period, Canadian production capacity did not increase [...]

China: Imbalance between strong demand, poor supply favors New Zealand log exporters

While most industry insiders were expecting flat or slightly export prices for May, New Zealand log export prices rose at [...]

US lumber demand drives European lumber prices higher

Facing skyrocketing lumber prices at home, US importers are driving competition for European wood, and winning.     [...]

China will have a supply gap of almost 9 million m3 of logs by 2022

Even if China increases imports from Europe and New Zealand, there will be a gap of of 8.66 million [...]