US lumber prices rise 20% in July-rally comes completely unexpectedly

US lumber prices rose by 20% in mid-July. Before that, lumber prices…

EUDR’s good intentions: A challenging path forward

In a letter published in the Financial Times on July 23, 2024,…

West Fraser sees growing demand for timber products in N. America and Europe

West Fraser Timber Co. Ltd. said Wednesday it expects demand for its…

Lumber Buyers Maintain Cautious Attitude

The post-dual national holidays in Canada and the US did nothing to jolt an increase in lumber sales. As true summer weather is upon North America any hopes of a seasonal jump in demand for lumber did not materialize. Sawmills and wholesalers alike prepared to hang “Gone Fishing” signs at their desks, so little inquiry […] The post Lumber Buyers Maintain Cautious Attitude first appeared on Madison’s Lumber Reporter.

Mayr-Melnhof: Sooner or later, construction boom will begin in Europe

The Paskov sawmill is part of the Austrian family holding Mayr-Melnhof Holz.…

EU anti-dumping measures boosts European plywood market, says UPM

UPM’s Plywood division reported a challenging second quarter in 2024, marked by…

Stora Enso’s Wood Products division reports mixed performance in Q2/2024

Stora Enso’s Wood Products division experienced a mixed performance in the second…

US Housing Market and Lumber Prices Update: July 2024

A dramatic drop in multi-family starts the previous month brought total housing starts for the US in May down significantly. The latest data release, for June, shows a bounce back in multi-family starts, which was enough to drive total housing starts back up. The Madison’s Lumber Prices Index for the week ending July 12, 2024 […] The post US Housing Market and Lumber Prices Update: July 2024 first appeared on Madison’s Lumber Reporter.

Wood prices under pressure in Germany

Wood prices are also coming under pressure in Germany. One reason for…

Canfor president and CEO to retire at end of 2024

John Baird, Chairman of the Canfor Corporation Board of Directors, announced that…