Currency devaluation agains US dollar puts additional pressure on Chinese timber importers
On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center [...]
June 11, 2020
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Sawmilling / China / North America
Indonesia revokes ending legality license for wood exports
The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]
June 11, 2020
Latest Trends / Market Analysis / ...Forestry / Sawmilling / Asia & Middle East
US lumber prices see surprise win as Americans renovate homes
Lumber futures are heading for their second-straight monthly gain at a time when gloom from [...]
June 11, 2020
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / North America
Conifex announces further extension of COVID-19 curtailment
With the COVID-19 pandemic continuing to negatively impact global demand for forest products, Conifex Timber Inc., has announced that [...]
June 11, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / North America
Investigation finds European companies taking advantage of loophole to imports teak
A new investigation has uncovered a scheme exploiting a loophole in the European Union Timber Regulation [...]
June 8, 2020
Market Analysis / Forestry / ...Sawmilling / Africa / Asia & Middle East / Europe / South America
Worldwide demand for African tropical timber decreasing
Millers in West Africa have provided some comments on shipping opportunities and market developments saying they have been told ports [...]
June 8, 2020
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Africa
Timber prices in Russia on an upward trend
In April 2020, the export price of hardwood timber used for sawing and planing in Russia [...]
June 8, 2020
Latest Trends / Market Analysis / ...Wood Industry Prices / Forestry / Industry Prices / Sawmilling / Europe / Russia
Many companies interested in Klausner’s Lumber One sawmill in Florida
The Klausner Lumber One sawmill in Live Oak, Florida is said to have a new owner [...]
June 8, 2020
Companies in the timber industry / Latest Trends / ...Forestry / Sawmilling / Europe / North America
UK applies tariffs for imported wood and wood products from 2021
From 1 January 2021, the UK will apply a UK-specific tariff to imported goods. The UK Global Tariff (UKGT [...]
June 8, 2020
Forestry / Sawmilling / ...Europe
US hardwood producers receive double hit from trade conflict with China and COVID-19
The trade conflict with China has hit the United States hardwood sector hard and the coronavirus pandemic has [...]
June 5, 2020
Companies in the timber industry / Latest Trends / ...Market Analysis / Forestry / Sawmilling / China / North America