Corona Virus

Special Reports
  • Special Reports
  • September 22, 2020 11:24

Where's the French oak market heading this autumn?

The first autumn auctions in France have just been launched by France's Natonal Forest Office (ONF) in a general uncertain political-economic climate. This lack of prospects also concerns the timber market in France. This is one of the conclusions to be drawn from the auction of September 8, 2020 which was not held in Beaune (Côte d'Or), as usual, but in Châtenoy-le-Royal (Saône-et-Loire) due to Covid-19. The entire auction therefore took place entirely online without the physical presence of buyers and observers in the auction room...... [more...]

  • Corona Virus
  • September 22, 2020 10:04

Surge in Chinese plywood exports to Malaysia

According to China Customs, plywood exports in the first half of 2020 were 4.778 million cubic metres valued at US$1.92 billion, down 6% in volume and 14% in value over the same period of 2019...... [more...]

Corona Virus
  • Corona Virus
  • September 21, 2020 12:42

N. American softwood lumber prices flatten as autumn comes on

Most standard construction framing dimension softwood lumber commodities could level off or even start dropping, and that’s exactly what has happened. Players and industry insiders say that supply is improving as sawmills are able to get more lumber production online, just as the usual seasonal drop in demand arrives.... [more...]

  • Corona Virus
  • September 21, 2020 10:37

UK market for African hardwoods “recovering well” after lockdown

The UK market for sawn hardwood has been recovering well following easing of COVID-19 lockdown measures from June onwards. However, there are significant problems on the supply side with COVID-19 contributing to reduced harvesting and mill operations and a significant reduction in freight capacity...... [more...]

  • Corona Virus
  • September 21, 2020 09:56

China, the main buyer of Peruvian wood products throughout the year

China was the main buyer of Peruvian wood products throughout the year to August with purchases worth US$37.6 mil. while the second place was Mexico with at US$19.5 mil. says the Association of Exporters (Adex)...... [more...]

  • Corona Virus
  • September 16, 2020 10:02

Indonesia: wood exports fall, many furniture businesses close

The Chairman of the Indonesian Furniture and Craft Industry Association (HIMKI), Supriyadi, said the value of Indonesia’s exports of furniture and crafts will likely fall below US$1.2 billion by the end of this year and the downturn in exports is already having a major impact on companies, many of which have either stopped operating or cut production...... [more...]

  • Corona Virus
  • September 14, 2020 13:26

Vietnamese forestry products exports up 10% in Jan.-Aug. 2020

Vietnam earned 7.83 billion USD from exporting forestry products in the first eight months of 2020, up 10.3 percent year-on-year and accounting for 29.9 percent of the agricultural sector's total export turnover...... [more...]

Corona Virus
  • Corona Virus
  • September 14, 2020 10:10

Growth in North American lumber prices slows

The unprecedented increases in North America construction framing softwood lumber prices seen so far during 2020 slowed somewhat last week. Normally by Labour Day customers have ordered... [more...]

  • Corona Virus
  • September 14, 2020 09:53

Particularly sharp fall in French tropical wood imports in May

France imports of tropical wood and wood furniture started the year quite strongly before falling very sharply in May. In June there were signs of a robust rebound...... [more...]

  • Corona Virus
  • September 14, 2020 09:20

US housing starts surge in July in rare pandemic bright spot

Homebuilding accelerated at the fastest rate in nearly four years in July. The housing sector has emerged as one of the few areas of strength in an economy suffering a record slowdown because of the COVID-19 pandemic...... [more...]

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