Global Trends Review

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...

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. 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...

Russian Timber Journal 06-2021: Alexander Vysotskiy, Product Director at Data Driven: “Lockdown created the necessary conditions for the digital business”; the European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia; the...

Russian Timber Journal 04-2021: WhatWood agency about possible scenarios of Russia’s unprocessed wood balance after imposing a ban on exports of softwood and hardwood logs; Yury Trutnev, Deputy Prime Minister and Presidential Envoy in the Far East, declared that...

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...

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...

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...

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...

Russian Timber Journal 03-2021: Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”; WhatWood: Russian wood pellet exports outlook to the South Korea and...

Chinese hardwood log imports in 2020 fell 17% to 12.64 million m³ (21% of the national total log imports). The average price for imported hardwood logs in 2020 was $232/m³ (CIF), down 6% on 2019.

New residential construction in the U.S. showed a substantial decrease in the month of February 2021, according to a report released by the US Commerce Department on Wednesday, with housing starts extending the sharp pullback seen in the...