North America

British Columbia’s lumber exports fall 21% in Jan.-Feb. 2020

New figures from the provincial government show a sharp decline in commodity exports because of the coronavirus.    [...]

Coronavirus: Skyrocketing timber prices in China as global supply falls sharply

In the recent period, coronavirus pandemic has reduced logging in many countries, overseas container costs and sea freight prices have [...]

Bankruptcy proceedings for Klausner’s US sawmill operations

Austrian company Klausner, which began operation in US back in 2015 has filed for insolvency.    Bankruptcy [...]

Vietnamese wood processing companies have suspended or reduced operations

Vietnamese wood processing firms have reduced production or suspended operations as most of the major importing countries for their products [...]

Coronavirus crisis effects on the global trade of wood products likely to last until 2021

    Pandemic effects will be delayed for forest products industries and recovery slower, particularly for landowners who [...]

North American woodworking sector hit hard by coronavirus crisis

The $75 billion North American wood products industry faces serious to major impacts from the corona virus outbreak, but surprisingly [...]

West Fraser announces more production curtailments

West Fraser Timber Co. Ltd. says it is further cutting production amid the COVID-19 pandemic.     [...]