Month: June 2024

209 posts

CFIA expands emerald ash borer regulation in B.C.

CFIA expands emerald ash borer regulation in B.C.Jennifer Ellson The Canadian Food…

Membertou First Nation celebrates construction of mass timber office building

Membertou First Nation celebrates construction of mass timber office buildingJennifer Ellson Today,…

First Cut: The math isn’t math-ing

First Cut: The math isn’t math-ingJennifer Ellson Primary wood industry challenges in…

Northern Vancouver Island receives new harvest level

Northern Vancouver Island receives new harvest levelJennifer Ellson British Columbia’s chief forester…

US lumber prices continue to fall as construction market is still weak

The downward trend in US lumber prices continues. The reason is the…

Considerable drop in European wood-based panels production

European wood-based panels production declined by a “disappointing” 6.3% in 2023, according…

Keitele Timber’s CEO is cautious about the sawn timber market outlook

Matti Kylävainio, CEO of Keitele Timber has highlighted the industry’s struggles in…

Rise in pine and spruce log prices in Germany

Persistent rain made timber harvesting impossible in large parts of Germany, particularly…

Södra to become the largest producer of kraft lignin in the world

Södra is now establishing a new business to become a world leader…

Lack of Spring Demand Drops Lumber Prices Further

Since mid-2022 when interest rates, especially mortgage lending rates, starting going up home builders and lumber buyers became extremely cautious in their purchasing of manufactured wood products. In general players avoided stocking up on lumber inventory, mostly out of concern that prices might fall and they might get stuck with expensive material they would have […] The post Lack of Spring Demand Drops Lumber Prices Further first appeared on Madison’s Lumber Reporter.