European wood and woodworking associations call for EUDR implementation to be delayed
On 25 Sep 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI [...]
October 1, 2024
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Higher US lumber prices expected in 2025
On August 5, nearby September physical lumber futures were at the $508 level on August 5, with the now active [...]
October 1, 2024
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UK’s Drax to invest up to $12.5 billion in US biomass power plants
British power giant Drax could invest up to $12.5 billion developing biomass plants with carbon capture and storage (BECCS [...]
October 1, 2024
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EU Commission insists no plans to delay anti-deforestation law
Due to a growing backlash from trading partners and conservative lawmakers, the European Commission maintains it is working to implement [...]
September 27, 2024
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Brink Forest Products proposes deal for Canfor sawmills
Brink Forest Products Ltd. has submitted an Addendum to its September 9, 2024, Letter of Intent to purchase four sawmills [...]
September 27, 2024
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Challenging times for Poland’s wood industry
The Polish wood industry is currently facing a dramatic market slump, significantly impacting companies within the sector. An industry expert [...]
September 27, 2024
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Rising timber prices in Estonia
In August 2024, the Estonian forestry market saw significant price fluctuations across various timber assortments, with notable increases in pine [...]
September 27, 2024
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Will falling Federal Reserve rates push US lumber prices up?
US lumber prices have seen a sharp rise, driven in part by the Federal Reserve's recent interest rate cut [...]
September 27, 2024
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Declining wood prices in Germany
Wood prices in Germany are directly tied to market demand, which has been severely affected by the ongoing construction crisis [...]
September 26, 2024
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UK construction giant ISG goes into administration
UK construction giant ISG has gone into administration, sending shockwaves through its suppliers, customers and the wider construction industry. [...]
September 26, 2024
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