Market Analysis

John Deere reports sharp growth in its forestry and construction division

    Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal [...]

Plywood business in Europe might have a very difficult 2019

European plywood businesses say they anticipate ‘a lot of challenges’ this year and one predicted ‘very difficult trading’.   [...]

US imports of China’s hardwood plywood fall by 76%

    US imports of hardwood plywood increased in volume by 11% in November but are still down [...]

British Columbia’s lumber exports to China start to go down, as demand decreases

British Columbia's lumber exports to China are decreasing, as the country's slowing economic growth traces demand for one [...]

Prices of wood pellets continue to rise in Germany

In February, the price of wood pellets in Germany increased by 1.7 percent compared to the previous month. Consumers [...]

US sawmills produced more softwood lumber in 2018

    U.S. sawmills produced 32.441 billion board feet (bbf) of softwood lumber in the first [...]

Universal Forest Products acquires Wolverine Wood Products

    Universal Forest Products, Inc. announced that one of its affiliates has signed an agreement to purchase [...]

EU plywood importers face the risk of oversupply

EU plywood importers report that in the latter part of the year, the plywood market started to turn around and [...]

German woodworking machinery reaches record sales in 2018

    In the five years from 2014 to 2018, the production of German manufacturers of woodworking machinery [...]

Lumber prices in the US keep on rising

Sales of US framing lumber slowed as winter took a toll on consumption across the continent. Snow in the Northwest [...]