Sawmilling

Canadian lumber giants expected to continue expansion in US

Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]

Unstable export log markets to China, price corrections expected

  In a period when price corrections are expected, export log markets to China appear with a degree of [...]

Current trends in global sawn softwood market

On February 18, the Wood from Finland Conference 2021 took place organized by Sahateollisuus, the Finnish Member of the European [...]

Bark beetle damage reaches record 40 million m3 in the Czech Republic

The damage caused by the low purchase price of bark beetle wood in the Czech Republic and the premature harvesting [...]

China to reduces tariffs on some wood products

  China’s Custom Tariff Commission of the State Council has reduced tariffs on certain forestry products imported into [...]

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 [...]

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 [...]

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 [...]

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 [...]