• Forestry
  • February 19, 2019 11:26

John Deere reports significant increase in profits

Deere & Company reported net income of $ 498.5 million for the first quarter of fiscal 2019. Results are impacted by higher material and logistics costs as well as customer uncertainty due to tariffs and trade restrictions... [more...]

  • Forestry
  • February 19, 2019 10:03

Decospan plans to double its production capacity

The Belgian manufacturer of veneered panels Decospan plans to double its production capacity at the Menen site...... [more...]

  • Forestry
  • February 19, 2019 06:59

China: Gloomy Zhangjiagang timber market sales in 2018

The combined effect of strict environmental inspection, the trade friction between China and the United States and the volatility of RMB exchange rate coupled with declining domestic demand is having a big impact on the level of trade and prices at the Zhangjiagang timber market...... [more...]

  • Market Prices
  • February 18, 2019 13:33

U.S.: Softwood and panel markets - Week 6, 2019

Sales of US framing lumber slowed as winter took a toll on consumption across the continent. Snow in the Northwest and rain in California cooled off trading in the West, while the Upper Midwest, Northeast, and much of Canada were in the deep freeze... [more...]

  • Forestry
  • February 18, 2019 06:59

Brazil: Refinements made to strengthen ‘Control of Origin’ system

The National System for the ‘Control of Origin of Forest Products’ (Sinaflor) has been strengthened with the addition of three new tools that will make it easier to check production chain information across the country... [more...]

  • Forestry
  • February 15, 2019 11:02

Trump considers postponing March 1st deadline for China tariffs

If the US and China could reach a trade deal, President Donald Trump might consider postponing the March 1st deadline for tariffs, he said on the 12th of February... [more...]

  • Market Prices
  • February 15, 2019 07:33

Ifo Institute: German economy barely escaped recession

"The German economy barely escaped recession in 2018." With this assessment, the German Institute for Economic Research (Ifo) CEO Timo Wollmershäuser has responded to the latest figures from the German Federal Statistical Office... [more...]

  • Forestry
  • February 15, 2019 06:51

US hardwood exports might come to Europe instead of China

The on-going trade dispute between the US and China which may lead to an increase in tariffs on US hardwood imports into China (which currently accounts of over 50% of all US hardwood exports) from the current 10% to 25% from March onwards. The trade dispute combined with signs of slowing economic growth in China, has contributed to a sharp decline in the value of the Chinese renminbi against the US dollar.... [more...]

  • Forestry
  • February 14, 2019 11:29

Western Forest Products reports Q4 results

Western Forest Products Inc. reported adjusted EBITDA of $18.0 million in the fourth quarter of 2018. Higher specialty lumber prices and increased lumber shipments in the fourth quarter of 2018... [more...]

  • Forestry
  • February 14, 2019 10:05

Italy: Storm wood auction in Trentino

A total of 276,500 m3 storm wood from the storm Vaia are being auctioned in the Trentinian community Grignio with the with expiry date February 18, 2019...... [more...]

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