Article Archive

N. American lumber suppliers cut prices to increase sales

    A few months of struggle between lumber buyers and sellers brought some big price cuts in [...]

Acquisition of Russia’s RFP Group by Japanese holding unclear

Iida Group Holdings acquired a 75% stake in Russian lumber producer RFP Group for 60 billion yen ($525 million) at [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]

U.S. open to new lumber talks with Canada

The United States is open to fresh negotiations with Canada to resolve a longstanding dispute over U.S. tariffs on [...]

N. American lumber prices fall further as mortgage rates hit fresh 13-year high

   Lumber prices fell last Thursday, marking the first decline in more than a week, as mortgage rates rose [...]

Russia reduces production of wood pellets by 10% due to lack of export markets

At the end of 2021, about 2.5 million tons of wood fuel pellets were produced in Russia. However, in [...]

Canfor to invest $25 million to modernize its Estil facility in South Carolina

Canfor Southern Pine (Canfor) is investing $25 million to modernize its Hampton County facility in South Carolina, as South Carolina [...]

Wood prices in Germany: spruce 50% more expensive – new record prices

While the world market prices for wood are falling, there is no sign of this in Germany.    [...]

“Timber prices going up daily” in Europe due to Ukraine war, architects complain

European architects and designers are struggling to source wood for their projects as Russia's invasion of Ukraine has brought [...]

Finland: Lumber prices start to fall sharply

    Uncertainty is already visible in Finland's lumber market, and demand and prices for lumber have [...]