China officially ends import ban on Australian timber
China has lifted an import ban on Australian timber, Beijing's ambassador said Thursday, hailing warming ties between the two [...]
May 19, 2023
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Lumber price decline and reduced DIY spending impact Home Depot sales
Lumber prices under pressure contributed to Home Depot missing quarterly sales expectations, leading to the home improvement retailer's shares [...]
May 19, 2023
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Austria: Softwood log prices fall sharply in May
Continued sluggish sales of sawn timber, sawn timber storage reaching capacity limits resulting into a reduction in sawing capacity lead [...]
May 19, 2023
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Asia’s share of global wood pellet imports hits record
Worldwide trade of wood pellets remained practically unchanged y-o-y at about 29 million tons in 2022. This year [...]
May 19, 2023
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EU Council approves EUDR
The Council of the European Union officially approved a regulation aimed at mitigating the risk of deforestation and forest degradation [...]
May 19, 2023
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Continuous decline in China’s CIF prices for log imports
CIF prices for China's softwood logs, hardwood logs and tropical log imports fell 12%, 16%, 12% and 20% in [...]
May 17, 2023
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Subdued mood amongst hardwood traders at Interzum
The general mood of hardwood traders attending the Interzum 2023 show in Cologne 9 to 12 May was that the [...]
May 17, 2023
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New lumber futures contract promises to revitalize trade in the market
The lumber futures contract, which experienced a significant surge in prices and volatility during the pandemic, has its final trading [...]
May 17, 2023
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New CLT plant inaugurated in Germany
On May 12th, Holzbauwerk Schwarzwald GmbH officially opened its newly built cross laminated timber production plant in Seewald (Freudenstadt district [...]
May 17, 2023
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Potential of AI in the wood processing industry
In recent years, however, the global timber industry has faced mounting challenges, from increasing environmental concerns to the need for [...]
May 16, 2023
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