Forestry

Interfor eyes growth by acquisition

The CEO of Interfor Corp. says profits from strong lumber markets mean the company is well-positioned to add to [...]

Prices of imported lumber at main Chinese timber distribution markets in January 2021

    This index contains the latest update (January 2021) for prices of lumber from three major timber [...]

Strong demand in UK but freight problems lead to shortages and rising timber prices

A positive factor for the UK timber trade in 2020 was that the initial downturn in construction sector activity, which [...]

UPM plans to close a sawmill in Finland

    Finnish forest industry giant UPM sawmill supply chain will be streamlined, one production line will be [...]

Wood processing companies in China cut back production as Chinese New Year approaches

    Importers in China have cut back on orders in advance of the slowdown in manufacturing associated [...]

West Fraser completed acquisition of Norbord

    West Fraser Timber Co. Ltd. shares closed 4% higher Monday (up $3.24 per share) on [...]

Container shortage impacting prices of timber imports in China

The availability of shipping containers and disruptions to shipping schedules is impacting the flow of Chinese wood product imports.  [...]

German timber trade largely affected by the second lockdown

The second lockdown from December means considerable cuts for the timber retail trade and for many companies sales losses of [...]

Long-term outlook positive for the global forestry machinery market

    The global forestry machinery market, currently valued at around $4 billion, is anticipated to pass $6 [...]