Article Archive

Bank of America: Lumber prices could rebound over the next few weeks

     Lumber prices could be due for a late summer rally after falling more than 70% from [...]

French timber industry receives 300 million euro aid

“We must boost the wood industry”, said the French Prime Minister Jean Castex, on Saturday July 24, during a visit [...]

Challenging European plywood market

Some European plywood importers report that container costs out of Asia have started to come off their pandemic peak. Others [...]

Congestion at New Zealand ports causing logging industry frustration

New Zealand forestry contractors are reporting that they are losing money, work, and jobs due to fluctuations in the timber [...]

Estonia: Timber prices at unprecedented levels

Timber prices in Estonia have reached to unprecedented levels. Pine and spruce are particularly affected, as speculators hold on to [...]

North American lumber might rise by 65% by the end of the year

     Lumber may have tumbled from its pandemic peak but the stage is set potentially for a [...]

Chinese import of softwood lumber enters a falling trend

The steady increase in softwood lumber import in China continued during the first six months of 2020, but then entered [...]

Why now might be the best time to buy lumber in N. America?

    After more than doubling in price last year, lumber futures have dropped to their lowest level [...]

Global container freight rates expected to hit new highs

    Freight rates are rising in various ways, and shipping companies’ fees are becoming diverse.   [...]

India could replace China as a substitute market for Australian timber

In November 2020, China claimed that harmful organisms were detected in multiple batches of logs imported from Australia. The Australian [...]