Latest Trends

EU tropical timber trade weakened before COVID lockdown

Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]

Currency devaluation agains US dollar puts additional pressure on Chinese timber importers

    On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center [...]

US wood pellet sector well-positioned for the post-pandemic period

    The wood pellet sector in US has many advantages that other sectors might envy as they [...]

Indonesia revokes ending legality license for wood exports

The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]

US lumber prices see surprise win as Americans renovate homes

    Lumber futures are heading for their second-straight monthly gain at a time when gloom from [...]

Conifex announces further extension of COVID-19 curtailment

With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]

Vancouver allows 12-storey wood buildings

    The City of Vancouver Council has approved by-law amendments allowing mass timber construction up to [...]

Worldwide demand for African tropical timber decreasing

Millers in West Africa have provided some comments on shipping opportunities and market developments saying they have been told ports [...]

Timber prices in Russia on an upward trend

    In April 2020, the export price of hardwood timber used for sawing and planing in Russia [...]

US plywood market coming back to life after COVID-19

In the past three weeks we have seen Western US plywood markets building and coming alive, after about a ten [...]