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Vietnam’s W&WP exports to Japan in September 2021 were valued at US$90 million, down 17% compared to September 2020. In the first 9 months of 2021..... [more...]
US lumber prices reached unprecedented highs in the 2Q/21. For example, the costs for 2x4 framing pine lumber inthe US South averaged almost $800/m3 in May, up from $210/m3 as recent as February 2020 and nearly four times as much as the 20-year average price for southern yellow pine...... [more...]
In the first seven months of this year Vietnam's wood and wood product (W&WP) exports earned US$9.6 billion, up 55% year-on-year. However, the suspension of production at local wood processing enterprises due to the COVID-19 pandemic is having effects on exports, according to the Vietnam Timber and Forest Product Association (VIFOREST)...... [more...]
Due to the raging delta variety of the Corona virus that currently kills hundreds of citizens each day in Indonesia, the government as decided on another lockdown until August 2nd – so far. Only essential work is allowed. All other factories need to close in wide parts of the country such... [more...]
Another shipping crisis is in sight, as a virus outbreak in southern China disrupts port services and delays deliveries, driving up costs again...
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The Japanese Forestry Agency held emergency meeting to exchange information to deal with shortage of wood products. Recent incident of sharp drop of imported wood products from North America and Europe...... [more...]
According to the EU’s Spring 2021 Economic Forecast published on 12 May, following a 6.1% decline in 2020, the EU economy will expand by 4.2% in 2021 and by 4.4% in 2022. This represents a significant upgrade of the growth outlook compared to the Winter 2021 Economic Forecast which the Commission presented in February...... [more...]
Acimall, the association that gathers the Italian manufacturers of technologies, tools and equipment for wood and wood-based materials – reported the amazing result of the first ninety days of this year, with orders up by 58% compared to the same period of 2020. ..... [more...]
After a lull in 2020 - mainly due to the effects of coronavirus pandemic - the prices of oak logs in France are now clearly on the rise. At the recent National Forests Office (ONF) auctions, prices climbed an average of 15% year-on-year ...... [more...]
The European parquet markets had generally slowly started the year with stable to slightly increasing consumption in January and February. This positive trend is now accelerating in March and April, still driven by renovation...... [more...]
