Global Trends Review

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...

Green Bay Packaging Inc. (GBP), Green Bay, Wisconsin, has announced that the first reel of paper was produced March 11 at its paper mill in Green Bay. The company says this milestone comes two and a half years...

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...

Wooden housing construction decreased by 10.4% YoY to 35,8 thousand units.

British Columbia-based Interfor, one of North America’s largest lumber producers, has bought WestRock’s South Carolina sawmill for $59 million in cash. The sawmill is located 65 miles southwest of Interfor’s existing Georgetown, S.C. mill and 115 miles northeast...

In quantity terms, EU27 imports of tropical sawnwood declined 16% to 726,200 m³ in the first eleven months of 2020. Imports fell sharply from all major supply countries; down 18% from Cameroon to 257,700 m³, 13% from Brazil...

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,...

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...

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...

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...

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...

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,...