New Zealand is currently reporting a sharp fall in log prices. Evan MacClure, a Timaru-based director for Forest Management (FM) said “an estimated 30% drop in price” will impact both companies and contractors.
Knight Frank, a global real estate consulting firm, is reporting in their latest Global Property Index (GPI) that in spite of continuing localized outbreaks of the COVID-19 virus, many global cities are reporting that the sales volume of residential properties continues to improve.
Koskisen, a Finnish wood industry company, has announced it is planning to make a substantial investment in a sawmill in Järvelä, Finland.
According to ITTO, the impact of the COVID-19 pandemic on the European plywood markets has proven to be less severe than the originally feared.
According to the International Tropical Timber Organization the value of Brazilian exports of wood-based products (except pulp and paper) dropped 13.5% in May to $236.3 million, when compared to May 2019 , $ 273.3 million.
The Segezha Group’s Vyatka plywood mill in Kirov, Russia was experiencing a critical defect on the high-grade veneer the plant was producing.
The International Accreditation Service® (IAS) announced, on Friday 6/19, additional requirements for IAS-accredited organizations conducting inspections or testing of plywood products manufactured in Brazil.
Trade tensions between China and Canada have once again heated up and now logs are at forefront of a new dispute between the two countries.
Canfor Corporation announced on Wednesday 6-17, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for a purchase price of CAD$43 million plus working capital.
According to National Bureau of Statistics data, China’s home prices in May, rose at the fastest pace in the past seven-month period.