Market Analysis

N. American lumber futures bounce back as Canada cuts output

     West Fraser shutters 2.5% of its North America capacity     Lumber prices [...]

U.S. imposed a 35% tariff on Russian wood products

Starting from July 27, the United States imposed a 35% tariff on 570 items of goods imported from Russia, including [...]

Wood-pellet market booms amid Ukraine war

The wood-pellet market is on fire.    War has cut off the supply of compressed-wood [...]

B.C.’s big 3 lumber giants still making good profits

    B.C.’s big three forestry giants had lumber and other wood product sales of $6 [...]

Roundwood production in EU could decrease sharply due to biodiversity strategy

If less wood is harvested in European forests to protect biodiversity, this will lead to global shifts in wood production [...]

Russian birch plywood enters the European market through China

Several birch plywood importers from the UK have reported an increase of offers from the far east in recent weeks [...]

European lumber exports might decline by a half due to the war in Ukraine

One immediate impact of the war in Ukraine is a tighter market for softwood lumber in Europe. About 20% of [...]

Finland warns energy crisis could curb forest, chemical industry, close factories

Finland's forestry and chemical industry companies are currently doing everything they can to find alternatives to natural gas before [...]

North American softwood lumber prices fall to a new low this year

     Softwood lumber prices continued their downtrend on Wednesday, falling 5% to a new 2022 low of [...]

US cuts softwood tariffs in half for Canadian lumber

The US Commerce Department is cutting tariffs against most Canadian softwood lumber producers by half, but the long-running trade [...]