Archives: January 2022

Rising prices could keep European lumber exports to the US at high pace in 2022

    European softwood lumber exports to the USA continued to rise in 2021, although the pace of [...]

Western Forest Products to temporarily close one of its sawmills due to log shortage

Western Forest Products is considering curtailing operations at its Chemainus sawmill starting next week due to a log shortage.  [...]

Japan’s Sumitomo to buy timberlands in New Zealand to export logs to China

    Sumitomo Corporation has acquired timberland in the North Island of New Zealand through its local subsidiary [...]

US lumber plunges for 7th day on demand fears, supply chain chaos

US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago [...]

Northern Europe sawmills have some of the lowest sawlog prices in the world

    Record-high lumber prices in North America and Europe have moved both demand and sawlog values [...]

Enviva plans to double wood pellet production up to 13 million tons

    Enviva Inc. on Jan. 19 announced accelerated plans to double its wood pellet production capacity and [...]

German hardwood industry hit by tense roundwood supply and felling bans

The business situation of hardwood sawmills in Germany has been developing remarkably positively for a few weeks now, as the [...]

Malaysia expects $2.4bn timber trade opportunities at Expo Dubai 2020

The Malaysian Timber Council (MTC) is eyeing some AED8.8 billion ($2.4 billion) in trade opportunities during the Sustainable [...]

Austria: Wood prices at high levels for the moment

Like other raw materials, the prices for lumber shot up to unprecedented heights last year. It wasn't just finely [...]

Czech wood prices on a roller-coaster ride

    A simple economic reasoning suggests that the prices of wood correspond to its current availability or [...]