News from wood resources international llc A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Feb 11, 2021, 19:22 ET Russia's proposed log export ban in 2022 will have a far-reaching impact on global forest product markets

Russia exported 15 million m3 of logs in 2020, which accounted for almost 12% of globally traded roundwood. Much of this trade may come to a halt...

Jan 18, 2021, 10:08 ET The US is increasingly dependent on overseas lumber supply as Canadian softwood lumber production continues to decline

During the first ten months of 2020, US importation of overseas softwood lumber was 39% higher than during the same period in 2019. By year-end,...

Jan 14, 2021, 09:10 ET The GSPI sawlog price index rose 2.9% in the 3Q/20, reversing its two-year decline: Wood Resources International

Strong lumber sales and a weakening US dollar moved sawlog prices upward in many markets worldwide in the 3Q/20. The most significant price increases ...

Jan 11, 2021, 22:04 ET WRI's global wood fiber price indices moved up in the 3Q/20, mainly driven by a weaker US dollar

In the 3Q/20, the Global Hardwood Fiber Price Index (HFPI) was up by 1.6% to $81.17/odmt, following a 16-year low in the previous quarter. The first...

Jan 05, 2021, 09:17 ET Lumber prices have increased worldwide in the second half of 2020 with US prices almost doubling

Lumber Markets - Europe Lumber trade fell slightly in Europe in 2020. During the first eight months, shipments from the major exporting countries...

Dec 31, 2020, 08:08 ET European trade of wood chips has gone up substantially as sawmills have ramped up production and generated more residual chips

Softwood lumber production in Europe has increased steadily increased over the past five years. Consequently, additional volumes of sawmill...

Dec 29, 2020, 22:00 ET Australia's role as a hardwood chip supplier to China and Japan has dramatically diminished in 2020, with shipments having fallen by 38% from last year

Hardwood chip exports from Australia fell 14% from 2018 to 2019, the first y-o-y decline since 2012. Total exports equaled 5.7 million odmt, of which ...

Oct 27, 2020, 21:31 ET Softwood log exports from Russia have been in steady decline for the past 15 years and may be banned in 2022

In a recent statement, the Russian President Mr. Putin ordered the government to strictly control the exportation of roundwood and low-value forest...

Oct 22, 2020, 10:11 ET European lumber exporters have expanded their sales overseas from 30% to 45% over the past ten years, with Asia receiving a fifth of total exports in 2020

Sawmills in several European countries have long been exporting large volumes of softwood lumber outside their domestic markets. Historically, most...

Oct 19, 2020, 13:42 ET WRI's Hardwood Fiber Price Index fell to a 16-year low in the 2Q/20, driven by lower pulplog prices in Brazil, Russia and Eastern Canada

Wood raw-material costs fell for most pulp manufacturers throughout the world in the 2Q/20, reducing WRI's two fiber price indices for the fifth...

Sep 30, 2020, 13:55 ET Lumber companies in the US reached record profits thanks to high lumber prices and declining sawlog costs

Record high lumber prices in the US, stable income for residual chips, and slightly lower costs for sawlogs moved 2Q/20 gross margins for US sawmills ...

Sep 04, 2020, 04:02 ET Germany continued to export logs at record pace in early 2020, with almost 50% of the volume destined for China: Wood Resources International

The log market in Germany has been extremely volatile in the first half of 2020, with high demand from the export market and a tight supply of fresh...

Jul 06, 2020, 12:10 ET Wood Fiber Costs Declined for Both Softwood and Hardwood Pulp Producers in 2019 and Early 2020

Wood fiber costs fell for many hardwood pulp-producing countries worldwide in the 1Q/20. The biggest declines (in US dollar terms) were seen in the...

Jul 01, 2020, 15:35 ET The Coronavirus Has Not Stopped the Global Trade of Forest Products

The Coronavirus Epidemic has negatively impacted the supply chains for numerous industry sectors worldwide the past few months. Many commodity...

Jun 09, 2020, 22:37 ET Lumber Producers in Many Key Regions Around the World Experienced Slight Improvements in Profitability in Early 2020, Mainly Driven by Higher Lumber Prices, Report the WRQ

The US South and British Columbia have historically been the lowest-cost lumber-producing regions of North America. However, in 2018, sawlog prices...

Apr 09, 2020, 12:56 ET Imported Forest Products to China Dropped by 750 Million Dollars in January and February, with the Biggest Decreases Seen in Lumber and Pulp

The coronavirus epidemic in China has sharply reduced importation of forest products in early 2020. During January and February, the import value of...

Feb 20, 2020, 16:05 ET Wood Resources International Expands Its Popular Market Insight Subscription Service

Over the past few years, Wood Resources International (WRI) has distributed market insights on a regular basis to over 8000 forest industry...

Feb 09, 2020, 11:24 ET Wood Raw-material Costs for the World's Pulp Manufacturers Have Fallen the Past Year With the Biggest Decreases for Wood Chips and Pulplogs Occurring in Europe

Wood raw-material costs were down for pulp manufacturers in most regions around the world in the 3Q/19 as compared to both the previous quarter and...

Jan 06, 2020, 11:12 ET Europe has Rapidly Become a Major Supplier of Softwood Logs to China, While Russia and North America have Lost Market Shares in 2019

New Zealand continues to expand its market share in China, supplying 39% of the total import volume in the 3Q/19, up from 32% five years earlier....

Jan 02, 2020, 07:13 ET Global Trade of Softwood Lumber Slowed in Late 2019 but was Still on Pace to be Higher Than in 2018 - Russia, Belarus, Germany and Finland Have Boosted Their Lumber Sales the Most This Year

This is a brief excerpt from the newly released market report Wood Resource Quarterly. To read the full 56-page quarterly report, please visit...

Jan 01, 2020, 21:58 ET Profit Margins Declined Faster for Sawmills in Finland Than in Neighbouring Sweden During 2018 and 2019, and in the 3Q/19 Reached Their Lowest Levels in 15 Years

Domestic sawlog prices in Finland and Sweden have been declining for over a year because of lower demand from the region's sawmills. However, the...

Dec 30, 2019, 11:10 ET Forisk Acquires the North American Wood Fiber Review, the Leading Price Reporting Service for Pulpwood and Biomass in North America, from Wood Resources International

Forisk Consulting, a leader in North American forest industry and timber market research, has acquired the North American Wood Fiber Review from Wood ...

Dec 16, 2019, 13:10 ET The 7th Mapping the Course Conference - The Latest Insights and Outlook for Timberlands, Forest Products Markets and Wood Fiber Supply Issues in 2020

We are proud to announce the 7th Annual Conference organized by Wood Resources International and the Western Forestry and Conservation Association on ...

Nov 08, 2019, 18:47 ET Eucalyptus Pulplog Prices in Brazil Have Fallen Over the Past Year and in the 2Q/19 Reached Their Lowest Levels in Three Years

Lower operating rates at the major pulp mills in Brazil and healthy inventory levels of wood fiber took pressure off prices of Eucalyptus pulplogs in ...

Oct 15, 2019, 06:53 ET Sawmill Profit Margins Have Fallen Substantially in North America Over the Past 12 Months With BC Sawmills Margins in the 2Q/19 Being Close to Their Lowest Levels in 15 Years

Lower lumber prices and only small adjustments in sawlog costs in the 2Q/19, sawmills in North America saw their profit margins decline again after a ...