Forestry

Canfor reduces operating schedules for Western Canadian sawmills

Canfor Corporation will implement reduced operating schedules at its Western Canadian sawmills effective April 4, 2022 due to the cumulative [...]

Greenply Industries plans to rise plywood prices to offset rising costs

Greenply Industries Ltd, one of the largest plywood producers in India, is likely to announce a price hike in April [...]

Global log supply to China constrained; prices rising steadily

The price for logs in China has risen steadily through Quarter 1 with the price for A-grade logs now [...]

Sanctions against Russian exports to permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions [...]

N. American lumber rally cools; futures tumble below 1,000$

North American lumber headed for its biggest weekly loss since July as transportation snarls that sparked a rally start to [...]

UK imposes 35% additional import tariffs on Russian wood products

    The UK government has added a 35% additional import tariff on Russian and Belarusian wood products [...]

N. American lumber prices fall 22% in March as housing market cools

     North American lumber prices have fallen 22% from their early March peak as the housing market [...]

Timber industry in Latvia hit by trade suspension with Russian and Belarus

    Sanctions of the European Union (EU) and other countries against Russia and Belarus will also affect [...]

U.S. softwood lumber imports from European suppliers fall sharply

U.S. softwood lumber imports from offshore suppliers fell sharply in the fourth quarter, extending a second-half fade after [...]