Archives: September 2021

Global timber supply chains could be hit hard by the Delta variant

Vietnam’s exports of timber and its wood products are facing a crisis since the Delta variant outbreak hit in [...]

Current trends in China imports and prices of softwood lumber

China's imports of softwood lumber from Russia from January to July decreased by 19% year-on-year, a fall [...]

Foundation stone of Metsä Group’s Kemi bioproduct mill laid

    The Kemi bioproduct mill project of Metsä Fibre, part of Metsä Group, is progressing according to [...]

Lumber prices have fallen in US; does Europe follows the same trend?

Lumber prices in the U.S. are plummeting and nearing pre-COVID figures while pulling global prices down with them [...]

No reason to expect that skyrocketing timber prices in Latvia will return to pre-pandemic levels

    In the Latvian timber industry, the sharp rise in prices was caused by an unpredictably high [...]

50% of Vietnamese timber processing companies face the risk of bankruptcy

Over 50% of timber processing enterprises Vietnam's South have to stop operation, facing the risk of bankruptcy. The other [...]

Supply situation in the German wood market is easing; prices expected to rise

    The situation on the German timber market has eased. The supply crisis in the spring and [...]

West Fraser announces output reductions

Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the [...]

North American lumber prices finally start to reverse

    Recent lumber spike in North America highlights potential for a bullish resurgence, with seasonality pointing towards [...]

Global shipping bottlenecks set to prolong supply chain turmoil

Tenfold jump in costs since start of pandemic squeezes importers and exporters    The closure of a [...]