Timber industry research & analytics 
Subsidiary of UFP Industries announces agreement to acquire the net operating assets of Spartanburg Forest Products and its affiliates
March 11, 2021 ` 15:30
UFP Industries, Inc. announced that one of its wholly owned subsidiaries, Sunbelt Forest Products Corporation, signed an agreement to purchase the net operating assets of Spartanburg Forest Products, Inc. and its affiliates. The purchase price for Spartanburg’s property,...
N. American lumber prices at record levels
March 11, 2021 ` 14:04
To the astonishment of all, in the week ending Feb. 19, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr climbed +$20, or +2%, to US$1,012 mfbm, from $992 the previous week. Last...
Sweden: Decrease in roundwood prices 2020
March 3, 2021 ` 18:09
The report of statistics on Swedish roundwood prices in 2020 show decreasing delivery prices compared to 2019. The price of pulpwood decreased by 11% and the sawlog price by 7% compared to 2019, according to new statistics from...
US hardwood plywood imports rose in 2020
February 26, 2021 ` 17:33
Despite an 18% drop in December 2020, US imports of hardwood plywood ended 2020 up 6% in volume over the previous year. Imports from China were down 35% in 2020 while imports from Indonesia and Ecuador both increased...
U.S. housing starts fall in January 2021
February 20, 2021 ` 19:08
After reporting a sharp increase in new residential construction in the U.S. in the previous month, the US Commerce Department released a report on Thursday showing housing starts pulled back by much more than expected in the month...
US tropical sawnwood imports plunge in 2020
February 17, 2021 ` 18:31
The volume of sawn tropical hardwood imported by the US fell by 34% in 2020 from 243,884 m³ in 2019 to 161,179 m³ in 2020. Imports rose 15% in December to 14,687 m³, the highest level since August,...
Rebound in N. American lumber prices
February 11, 2021 ` 18:26
With February looming, lumber prices popped back up to recover a drop toward the end of January. In the week ending Jan. 29, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr jumped...
Russian Timber Journal 01-2021: Dmitry Rudenko, Vice President of Segezha Group: demand for wooden houses currently exceeds the productive capacity; the Ministry of Industry and Trade of Russia held the IV LPK 360° Timber Industry Forum themed A New Era of Development as part of the measures for the development of the timber industry; the Government approved the RF Forest Sector Development Strategy until 2030; how soon will Russia become the world’s largest wood pellet supplier?
February 11, 2021 ` 16:14
Russian Timber Journal 01-2021: WhatWood Agency interviewed Dmitry Rudenko, Vice President of Segezha Group, about the expectations for wooden housing construction and the CLT construction technology that is relatively new for Russia; WhatWood Agency summarizes key theses of the plenary...
Implications of Brexit on demand for tropical wood in the UK
February 5, 2021 ` 18:04
The long term effects of Brexit on UK imports of tropical wood products are still far from certain. At present, even the short term effects are obscured by the unprecedented disruption to supply chains, shipping operations and markets...
U.S. Housing starts rose to fastest pace since 2006 in December
February 1, 2021 ` 16:45
U.S. home construction starts rose in December 2020 to the best pace since late 2006 as builders responded to the robust demand for single-family housing. Residential starts climbed by 5.8% to a 1.67 million annualized rate, according to...
Austrian timber companies fined in Romania for unfair competition
January 25, 2021 ` 19:23
Romania’s Competition Council fined 31 timber producers on the local market for anti-competitive arrangements in the auctions organized during 2011-2016 by the state forest management company Romsilva. The competition body found that 33 companies, out of the 96...
Tropical hardwood imports held steady in October 2020 in U.S.
December 25, 2020 ` 19:33
Imports of sawn tropical hardwood rose only 2% in October as imports for 2020 continue to lag far below those of 2019, reports ITTO. The 13,491 m³ imported was more than 38% below the volume imported in October of...
