North America

North American softwood lumber prices drop sharply, but remain high

    “What goes up must come down,” as the saying goes. Particularly when talking about markets. After [...]

Canfor’s CEO: Record lumber prices trend expected to continue

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high [...]

Huntsville Forest Products acquires hardwood sawmill from Rayonier

Haliburton Forest & Wild Life Reserve, through its wholly-owned subsidiary Huntsville Forest Products (HFP), announced the acquisition of a [...]

West Fraser reports large profits in Q3/2020 on higher lumber prices

West Fraser Timber Co. Ltd. says it swung to a large profit in the third quarter on higher lumber prices [...]

Wood in short supply in global markets expected to increase prices

    The easing of lockdown conditions in many countries are causing significant upward pressure. These include a [...]

Boise Cascade could close Oregon plywood mill

    Boise Cascade says it may close a plywood mill in eastern Oregon at the end of [...]

Canfor reports an an all-time record results for its lumber segment

    The first of B.C.'s three forestry majors released third quarter financial results Thursday that [...]

Strong demand for logs in China due to busy construction season

Log inventory in China has increased about 300k m3 in the last month to around 4.6m m3, with congestion [...]

US lumber prices down 20% since September

Framing lumber prices in US peaked above $950 per thousand board feet in mid-September, according to Random Lengths, and [...]

Global CLT capacity expected to reach almost 7 million m3 by 2024

Global nominal CLT capacity is expected to reach 6.8 million m³ (≈ 5.5 billion board feet) by 2024. More [...]