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#timberindustrynews

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US lumber remains subdued

Lumber futures fell below $540 per thousand board feet, down nearly 10%…

Global lumber prices slide as North American oversupply weighs on markets

Lumber prices on the global market have dropped to their lowest levels…

Finland’s softwood lumber shipments rise sharply, led by Egypt, UK and Asian rebound

Finland’s softwood lumber exports reached 7.67 million m³ in the first ten…

China: Lumber imports fall sharply in 2025 as trade tensions and supply disruptions reshape global flows

China’s lumber imports continued to contract through the first three quarters of…

Conifex to halt Mackenzie sawmill for four weeks as lumber markets weaken

Conifex Timber will temporarily shut its Mackenzie, British Columbia sawmill for four…

Drax to close B.C. wood pellet plant as sawmill shutdowns cut off supply

Drax will close its wood pellet plant in Williams Lake, British Columbia,…

James Latham profit held back as growth concentrates in lower-margin division

James Latham reported a slight decline in first-half profit, even as sales…

Russia’s forestry sector warns of up to 30% production slump in 2026

Russia’s forestry sector is bracing for one of its most pronounced downturns…

Brazilian timber exports to the US plunge 55% after new tariffs, triggering production cuts and growing risk of layoffs

Brazilian exports of wood products to the United States have fallen by…

EU adopts new Bioeconomy Strategy

The European Commission has adopted a new Strategic Framework for a Competitive…