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Global Trends Review

Major trends of the week in the world’s forest industry.

US OSB prices have skyrocketed more than 500% since January 2020

August 17, 2021 ` 22:01  
The price of OSB has increased 510% since January 2020, exceeding the peak price increase in lumber by nearly 180 percentage points in the USA, as the National Association of Home Builders (NAHB) reported. Although plywood panel prices have substantially...

Malaysia: Furniture manufacturers ask again that factory operations be allowed

August 17, 2021 ` 21:37  
Malaysia continues to see an upward trend in the rate of Covid-19 infections with 17,045 recorded in one day in late July, the highest ever in a day since the pandemic hit the nation. The cumulative total infected...

US lumber prices continue to plummet

July 27, 2021 ` 13:42  
According to Madison’s Lumber Reporter, in the week ending july 16, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $555 ($359/m³), reaching the minimum value since the beginning of the...

U.S. housing starts rise in June

July 21, 2021 ` 17:41  
U.S. homebuilding increased more than expected in June, though expensive lumber, as well as shortages of labor and land, continued to constrain builders’ ability to fully take advantage of robust demand for housing. Housing starts rose 6.3% to...

Segezha Group announces indicative price range for IPO and planned listing on Moscow Exchange

April 21, 2021 ` 10:46  
Segezha Group announces the indicative price range for its initial public offering and planned listing of ordinary shares on Moscow Exchange, and the publication of the offering memorandum in relation to the offering. The indicative price range in...

US sawn timber prices show all-time highs

April 20, 2021 ` 15:50  
In the week ending April 16, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$80, or +6%, to $1,210 mfbm ($465 per m³), from $1,130 the previous week, said Madison’s...

In 2020, China reduced imports of sawnwood by 11%

April 16, 2021 ` 17:25  
According to data from China’s Customs, 2020 sawnwood imports totalled 33.86 million m³ valued at $7.68 billion, a year on year decrease of 11% both in volume and in value. Of total sawnwood imports, sawn softwood imports fell...

Tesla truck test for timber transport

April 14, 2021 ` 17:12  
As part of a pilot project in Canada, Tesla Semis are used to transport wood. Mosaic Forest Management, a forestry company based on Vancouver Island, intends to use electrification to pave the way for emission-free transport. Mosaic explains...