The British customs authority HM Revenue and Customs (HMRC) sent a letter to the Timber Trade Federation on 27 February promising to step up its inspections of softwood plywood imported into the EU against the duty-free quota. HMRC said ...
Tags: market view, softwood, plywood
Funds managed by New Forests have taken a controlling interest in the 46, 000 hectare Auspine estate. New Forests' Australia New Zealand Forest Fund is the lead investor in the transaction, which includes the land and trees of the ...
Tags: market view, Softwood
American softwood exports to the Mena region in 2011 hit a record $18 million worth, prompting the participation of American Softwoods (AMSO) in an upcoming major wood and wood machinery show in Dubai. The sixth edition of the Dubai ...
Tags: market view, softwood, export
Swedish exports of softwood lumber and planed products rose perceptibly again at the end of last year to arrive at a figure of 865, 000 m³ in December 2011, almost 11% higher than in the same month of the year before. The decisive ...
Tags: market view, softwood, export
The discrepancy between prices for products imported from the euro zone and locally-produced wood, that Swiss sawmills and gluelam manufacturers have been facing since 2011, still exists in 2012 in spite of the price reductions of up to 10% ...
Tags: market view, softwood lumber
Southern and western softwood lumber producers believe the pace of business activity slowed again on domestic and foreign softwood lumber markets in February. In addition to halted building activity due to weather conditions, demand is ...
Tags: market view, sawmill
Sawlog prices in the 4Q/11 were down both in U. S. Dollar terms and in local currencies in most of the 20 regions we cover, as compared to the previous quarter. The biggest declines occurred in Western Canada, Finland, Sweden, Russia and ...
Tags: market view, sawlog, price
By the end of February 2012, prices on the southern and western German softwood log markets stabilised at the level they had reached at the beginning of the year; No further significant fluctuations have occurred in prices since then. In ...
Tags: market view, log, price
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction rose 0.2% in December after no change in November. The index was up 3.6% on a ...
The Bureau of Labor Statistics (BLS) reported that the seasonally adjusted (SA) Producer Price Index (PPI) for materials and components used in construction was unchanged in January after rising 0.1% in December. The index was up 3.1% on a ...
Tags: News Update, Market View, Construction Material, Price
West Fraser’s fourth quarter saw $6.1 million in earnings, or $0.14 per share of sales. The figures are based off $650 million in 2011 and are after discontinued operations of $7.3 million or $1.47 per share on sales of $2, 762 ...
Tags: industry trends, lumber, price
After a disappointing first half, expectations at mid-year for the third and fourth quarters of 2011 were low. These expectations were largely realized as demand stagnated and production was more than adequate in meeting both domestic and ...
Tags: market view, Softwood lumber
US offshore softwood lumber exports soared in 2011, according to industry newsletter Random Lengths. Shipments offshore reached 984 million m³ up 48% on 2010 and the largest volume since 1997. China replaced Canada as the US’s ...
Tags: market view, softwood, export
Vancouver-based West Fraser Timber -- North America's largest softwood lumber producer -- posted a fourth-quarter loss of $10.6 million, or 25 cents a share from operations hurt by weak lumber and pulp prices in October-December. It earned ...
Tags: market view, lumber, price
The forest industry plays a critical role in a country's economy right from supporting the production of a diverse variety of forest based products towards generating employment and providing recreational and tourism opportunities. Given, ...
Tags: industry trends, Forest Products