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U.S. homebuilding increased more than expected in October as the housing market continues to be driven by record low mortgage rates, but momentum could slow amid a resurgence in new COVID-19 infections that is putting strain on the economic recovery...... [more...]
US' hardwood lumber giant Northwest Hardwoods has filed for Chapter 11 bankruptcy on November 23rd, saying difficulties from trade disputes with...... [more...]
Ghana’s wood product export volume for the first three quarters of 2020 was well below that of the same period in 2019. The total volume shipped in the first three quarters of the year was 159,432 cu.m...... [more...]
In October 2020, the value of Brazilian exports of woodbased products (except pulp and paper) increased 32% compared to October 2019, from US$222.6 million to US$293.7 million...... [more...]
The Vietnamese Ministry of Agriculture and Rural Development’s General Department of Forestry is confident of reaching the export target for timber and wooden products of 13 billion USD for the whole year 2020...... [more...]
The U.S. Department of Commerce reduced its penalties against imports of Canadian lumber, primarily from B.C. producers, in the softwood lumber dispute..... [more...]
The UK hardwood trade may not be back to normal, and there is continuing anxiety about the effect of a second COVID-19 wave, but the sector has seen sales improving since May...... [more...]
It’s unbelievable for this time of year and if someone had predicted it a month ago they would have been met with derisive laughter, but lumber prices were actually up last week as demand increased. This is absolutely unprecedented for the week before U.S. Thanksgiving and sawmills simply do not have enough wood in their yards to sell to ravenous customers..... [more...]
The recovery in China's manufacturing activity after the Covid-19 lockdown has surged progressively and after a halt caused by quarantine measure in the European countries, demand for Chinese products in Europe has increased...... [ more...]
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...]
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...]
