Interfor is expecting production disruptions at its British Columbia Interior, Canada, sawmills during the 3Q 2021 due to the ongoing impacts of wildfires and other factors on log supply.
In value terms, the Far East, Russia, amounts 42%, the maximum share of roundwood in the total volume of exports of wood and wood products.
Price for a New Zealand unit (NZU, is equivalent to 1 ton of CO2) reached a record $47. But it could soar to $140 within three years. This will inexorably lead to an increase in the price of forestlands.
Over the next three years, the number of employees in the Södra Building Systems business segment will be doubled.
Keta Kosman, Publisher of Madison’s Lumber Reporter, monitors lumber prices every day. She thinks we are in a new era for the economy. In the 1950s, there was much infrastructure building, it was all a huge boom for the economy for two decades. We're in a similar situation right now, she says. The U.S. administration i...
Russ Taylor, president of British Columbia based Russ Taylor Global, says that high prices cure high prices. High lumber prices will eventually reduce demand and increase supply – high prices scare people away. He is confident the prices for lumber will start to settle down, but at higher levels than we have ever seen ...
The demand for lumber is on fire. In the United States prices have gone up 300% or 400%. The Canadian supply is going down fast. Is it a new super-cycle for lumber and permanent high prices? No one has an answer to this question. That never happened, but now wood prices are through the roof again. We tried to figure it...
UPM improves its outlook for 2021. Comparable EBIT is now expected to increase both in H1 2021 compared with H1 2020, and in the full year 2021 compared with 2020.
The forecasted growth in wood pellet production in Europe will increase competition for wood fiber and require new feedstock sources. Pellet demand is likely to grow by 30-40% over the next five years, and depending on how imports develop, European production might need to increase by up to 10 million tons.