US lumber prices expected to rise another 35% this year
Lumber prices topped $1,000 last week, a record high and a promising sign of a rebound in demand for [...]
March 1, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Wood Construction / North America
Global container freight rates at record levels
Global container freight rates continued to sky-rocket into the new year as major freight companies applied surcharges [...]
March 1, 2021
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Australia and Pacific Region / China / Europe / North America / South America
Siempelkamp delivers new particleboard plant to Russia
The Russian wood-based panels manufacturer Uvadrev-Holding placed an order with Siempelkamp for a new particleboard plant.   [...]
March 1, 2021
Companies in the timber industry / Latest Trends / ...Wood-based Panels / Woodworking Machinery / Europe / Russia
UFPI acquires Spartanburg Forest Products
UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase [...]
March 1, 2021
Companies in the timber industry / Latest Trends / ...Sawmilling / North America
Malaysian plywood industry faces timber shortage
Malaysia’s plywood export prices to key Japan market have firmed up due to tight supply of logs for manufacturing [...]
March 1, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Wood-based Panels / Asia & Middle East
US DoC set to reinstate higher Canadian softwood lumber duties
The Commerce Department intends to reinstate higher anti-subsidy duties on certain imports of Canadian softwood lumber, after concluding it [...]
February 25, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / North America
European renovation wave to create opportunities for the wood industry
In her latest speech on the state of the Union, European Commission President Ursula von der Leyen highlighted [...]
February 25, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / Wood Construction / Wood-based Panels / Europe
New opportunities for Latvian timber exports to the US
At the beginning of February, a large vessel with Latvian timber products to be exported to the USA was loaded [...]
February 25, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Europe / North America
Australia’s log exports collapse due to Chinese import ban
Australia’s log exports fell to a five-year low in December 2020, down 47% on the prior December and [...]
February 25, 2021
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Australia and Pacific Region / China
Pfeifer Group to double its CLT capacity
The Austrian Pfeifer Group is increasing its production capacity to 100,000 m³ cross laminated timber (CLT) annually [...]
February 25, 2021
Companies in the timber industry / Latest Trends / ...Market Analysis / Sawmilling / Wood Construction / Europe