Month: August 2022

752 posts

US Housing Market July & Softwood Lumber Prices Aug: 2022

It is important to note that month-over-month starts and permits have indeed dropped, however new building and permits activity for the first seven months of this year were up compared to January to July 2021. The latest US housing starts and US new home sales data, for July 2022, continued the downward trend seen in […]

Anti-Forestry Insanity: The Opinion Piece That Keeps on Giving

There’s an old adage about the paralyzing effects of cognitive dissonance: The definition of insanity is doing the same thing over and over and expecting a different result.

N. American lumber prices fall to new low as housing market continues to cool off

North American lumber prices fell 4% to a new 2022 low on…

China’s demand for softwood logs and lumber still sluggish in the third quarter

The implementation of pandemic prevention and control measures in China in the first half of the year had a great impact on logistics, transportation and timber market recovery. From January to July this year, China’s softwood lumber imports fell by … Continue reading → The post China’s demand for softwood logs and lumber still sluggish in the third quarter appeared first on Timber Industry News.

Wood pellet producers in U.S. urge consumers to stock up

Wood pellet manufacturers in U.S. are urging the owners of wood pellet heating appliances to secure their pellet fuel early this year as the global pellet market works to fill a significant supply hole created by the Russian invasion..

Use of CLT expected to rise in U.S.

Developed in Germany and Austria roughly 30 years ago, cross-laminated timber (CLT) has been used in construction across Europe for the past two decades. Despite key benefits such as being eco-friendly, conduciveness to prefabrication, and myriad potential design applications, U.S. …

Timber trade in Finland falls by 30%

Between January and July 2022, the volume of timber trade in Finland fell by 30% compared to a year ago. Compared to the previous five years, sawlog trade was down 12% and pulpwood trade was down 18%. Currently, the prices of logs …

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading → The post Ikea announces further investments in Chinese market appeared first on Timber Industry News.

Metsä Tissue curtails production due to high energy prices

Metsä Tissue has had to curtail its production both in its Zilina…

Federal Reserve Chairman Warns of ‘Pain’ During Inflation Fight

Federal Reserve Chairman Warns of ‘Pain’ During Inflation Fight Full Article