Forestry

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Timber prices in Russia on an upward trend

    In April 2020, the export price of hardwood timber used for sawing and planing in 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 [...]

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 [...]