North America

Global lumber producers more profitable in early 2020

    The US South and British Columbia have historically been the lowest-cost lumber-producing regions of [...]

Softwood lumber production in U.S. rises 5.2% in Q1/2020

    U.S. sawmills in the first three months of 2020 produced 9.161 billion board ft [...]

First B.C. sawmill in 15 years starts production

    Following a 2017 purchase of a former Coulson Manufacturing mill in Port Alberni, B.C., by [...]

Canfor’s subsidiary buys three sawmills from Bergs Timber

Canfor Corporation reported that its 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills in [...]

B.C. lumber exports receive hard hit in the first quarter

B.C. exports fell by almost 15% in Q1 2020 from the same period last year, hurt by both the [...]

Forecast: Chinese lumber imports from the Nordic countries to exceed those from Canada

    In early 2020, due to oversupply, the declining prices made European lumber producers more globally competitive [...]

Global sawlog prices hardly change in Q1, despite trade interruptions

    Global sawlog prices hardly change in Q1 from Q4, despite trade interruptions, uncertainty about short-term [...]

Worries over the evolution of China’s log demand in the medium term

There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said [...]

Currency devaluation agains US dollar puts additional pressure on Chinese timber importers

    On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center [...]