Latest News

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STTC Conference - tropical wood contribution to green recovery in Europe

The core theme of the online 2020 Sustainable Tropical Timber Coalition (STTC) Conference, due to be held online on 19 November, will be how the sustainable tropical timber sector can take the opportunity of and contribute to a post-pandemic reboot of the global economy on cleaner, greener lines...... [more...]

Bergs expands cooperation with Organowood

Organowood markets and delivers environmentally classified, silicon-printed wood products. Bergs plant for pressure-treated wood Bitus outside Nybro has since Organowood...... [more...]

Market Prices

North American softwood lumber continue to drop

North American construction framing dimension softwood lumber prices did correct down a bit more last week; however, demand remained quite strong for the time of year while supply was still quite constrained...... [more...]

China bans log imports from Victoria, Australia

China has banned imports of logs from Victoria in Australia as of 11 November according to a notice on the Australian Department of Agriculture's website...... [more...]

Brazil: Domestic demand recovering and exports of most wood products rising

At the beginning of the pandemic there were forecasts of reductions in domestic demand and exports, notably of solid wood products...... [more...]

US home construction trended up in September

U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues to be one of the bright spots of the economy...... [more...]

Finland: Corona crisis continues to weigh on the forest industry

The decline in Finland's forest industry production continued in July – September in all main product groups. Cardboard, sawn timber and pulp held their ground best, but the downturn in paper continued most sharply...... [more...]

Resolute reports high rise in sales for 3Q/2020

Resolute Forest Products Inc. reported net income for the 3Q ended September 30, 2020, of $57 million, or $0.66 per diluted share, compared to a net loss of $43 million, or $0.47 per share, in the same period in 2019...... [more...]

EU27 tropical flooring imports rise while other joinery imports decline

Given the situation in the wider market, one of the least expected trends in EU27 import data is a slight recovery in imports of tropical flooring products in the first eight months of this year after a long and persistent period of decline..... [more...]

IKEA Germany sees a sharp increase in online sales

IKEA Germany closed the 2020 financial year (September 1, 2019 to August 31, 2020) with retail sales of € 5.325 billion, which corresponds to an increase of 0.9% compared to the previous year. Online sales amounted to € 861 million and thus grew by 74.3%. The online share of total sales was 16.2% - in the previous year it was 9.4%...... [more...]

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Special Reports

special report

West Fraser acquires Norbord for US$ 3.1 billion

West Fraser Timber Co. Ltd. and Norbord Inc. announced that they have entered into a strategic business combination pursuant to which West Fraser, a leading North American diversified... [ more...]

special report
France: Lower prices for maritime pine confirmed by latest auctions

France: Lower prices for maritime pine confirmed by latest auctions

The first signs of falling maritime pine prices that appeared in the southwest of France at the end of 2019 were consolidated in the first half of the year. And the results of recent auctions which have just taken place this autumn in the Landes forests, clearly indicate that the decrease in prices is continuing...... [ more...]

special report

Softwood log exports from Russia in steady decline for the past 15 years and may be banned in 2022

In a recent statement, the Russian President Mr. Putin ordered the government to strictly control the exportation of roundwood and low-value forest products, and to clamp down on the illegal trade of logs (in his terms: “hard-hitting decriminalization of the industry”)...... [ more...]