North America

North American lumber market to remain volatile in Q4/2022-Q1/2023

After surging to record highs at the pinnacle of North America’s pandemic housing market boom, lumber prices have taken [...]

FAO: Consumption of primary processed wood products predicted to grow 37 percent by 2050

Overall consumption of primary processed wood products is expected to grow 37 percent by 2050 in a business-as-usual [...]

Global trade of softwood lumber on a downward trend

Global trade of softwood lumber fell about 10% in the first half of 2022. Most of the decline was driven [...]

Conifex to temporarily curtail production at its Mackenzie sawmill

Conifex Timber Inc. on Friday said it would temporarily curtail its Mackenzie, British Columbia, sawmill operations for two weeks, starting [...]

World’s largest pellet plant starts production in Mississippi

    The world’s largest wood pellet plant is nearly fully operational in Lucedale, Mississippi.   [...]

Interfor to buy Chaleur Forest Products for $236 million

Canadian lumber giant Interfor Corp said on Monday it will buy Chaleur Forest Products for C$325 million ($236.40 [...]

Mercer completes acquisition of German HIT Torgau for EUR 270 million

Mercer International Inc. has completed its previously-announced acquisition of all of the shares of the parent company of Holzindustrie [...]

China’s softwood log demand still low due to Covid-19 policies

China softwood log inventory has reduced by about 1m m3 over the last month to be below the 4m m3 [...]

Russian timber evades US sanctions via Vietnam and China, says environmental group

    Russian birch wood continues to flow to US consumers disguised as Asian products, despite US economic [...]

US lumber prices fall to around pre-pandemic levels

US lumber prices have fallen to their lowest level in more than two years, bringing two-by-fours back to [...]