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U.S. imports of hardwood flooring fell by 14% in April to its lowest level in three years. While imports in this area did not see any distinct monthly plunge due to the global pandemic, hardwood flooring imports have eroded and are now down 28% year-to-date from last year...... [more...]
Although the headline figures from IHS Markit Construction Purchasing Managers Index (PMI) for the eurozone and UK in May were better than in April, they still indicated a steep decline in construction activity. For the eurozone, the PMI rose to 39.5 in May, up from a record low of 15.1 in April (a score below 50 indicates contraction)...... [more...]
After a wild ride down then up over the past few months, most standard construction framing dimension softwood lumber prices stabilized last week, to levels both producers and customers are comfortable with...... [more...]
In January-April 2020, Latvia exported EUR 853.999 million worth of forestry products, which is a decrease of 10.7 percent against the previous year,...... [more...]
Home building in the U.S. increased in May, adding to the evidence the economy is picking up after the coronavirus led to business shutdowns in March...... [more...]
The orders for Italian wood processing technologies dropped by 21.1% y-o-y in 1Q 2020, reported the Studies Office of Acimall, the Confindustria-member association representing the Italian wood-furniture technology industry... [more...]
The value of China’s furniture imports from ASEAN suddenly declined over 85% to US$30.95 million in the first quarter of 2020. The main supply countries in ASEAN, such as Vietnam, Malaysia, Thailand, Indonesia and Laos saw exports plummet...... [more...]
Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and wood furniture products slowed in the last two months of the year, a trend which accelerated in January and February this year. Contrary to expectations, with the large western European countries implementing COVID-19 lockdown measures during the month...... [more...]
Western U.S. sawmills produced 1.059 billion board ft. (bbf) of softwood lumber in April, down 16.2% from April 2019, when output was 1.264 bbf, and down 13.2% compared with March’s 1.220 bbf,...... [more...]
