Market Analysis

China timber demand sluggish despite start of construction season

It looked like things were stabilising in September with in-market pricing seemingly finding a floor level and some exporters [...]

US lumber prices could rocket again this fall, next spring

The National Association of Home Builders (NAHB) has penned a letter to President Joe Biden asking him to take actions [...]

HS Timber plans to build a 500,000 m³/yr sawmill in Argentina

    HS Timber Group, the former Schweighofer Group, plans to build a new sawmill in Gobernador Virasoro [...]

UK’s softwood lumber imports up 43%

Seven months into 2021 and volumes of lumber and panels imported by the UK were nearly 2 million m³ higher [...]

Sharp decline in demand for softwood lumber in Germany; sawmills adjust production

    The corona lockdown, drought and forest damage in 2020 was followed by extreme demand in spring [...]

Recent resurgence in US lumber prices expected to continue through early 2022

The price of lumber has seen a resurgence, which analysts expect will continue through early 2022.     [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

Sierra Pacific completed acquisition of Seneca

Sierra Pacific Industries has completed its acquisition of Seneca, giving the forest products producer more than 2.3 million acres [...]

Price of Finnish lumber seeks balance

    Demand for Finnish lumber this year has been supported by favorable developments in construction investment in [...]

Vietnamese wood processors shut down temporarily

    Although Vietnam’s wood and wood exports grew by more than 62% (year-on-year) in [...]