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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Apr 28, 2022, 09:52 ET The war in Ukraine will tighten lumber markets both short and long term, particularly in Europe but also in China and the US- Wood Resources International LLC

One immediate impact of the war in Ukraine and the sanctions by Western countries has been a dramatic reduction in exports of forest products from...

Apr 13, 2022, 09:22 ET ResourceWise Expands Its Wood Fiber Pricing Globally with Acquisition of Wood Resources International

ResourceWise, the newly formed parent company of Forest2Market, Fisher International and Tecnon OrbiChem, has acquired Wood Resources International...

Apr 12, 2022, 02:57 ET Sanctions against Russian exports will permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions...

Mar 22, 2022, 08:13 ET Trade of logs and lumber in Europe will change dramatically as timber harvests in Central Europe decline and imports from Russia come to a halt

Central European roundwood markets are at a turning point, as per Wood Resources International LLC's Foucs Report. Over the past four years, forests...

Feb 08, 2022, 11:11 ET Sawlog supply in US South tightening and a surplus of small logs and residues creates opportunities for pulp and wood pellet expansion

The US South's softwood industry has enormous potential for a variety of reasons. The region has a significant forest resource with room for...

Jan 11, 2022, 15:49 ET The large softwood timber surplus in the US South is likely to diminish over the next decade, resulting in regional increases in sawlog prices

The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In ...

Dec 20, 2021, 11:33 ET Wood Resources International : Strong demand for wood products in Europe and North America has increased global lumber trade in 2021

This year, the strong demand for wood products in Europe and North America has increased lumber trade during the first nine months of 2021 by about...

Nov 29, 2021, 10:11 ET Sawmills in Europe and North America enjoyed record profits in 1H/21

Sawmills in Europe and North America enjoyed record profits during the first half of 2021, but fell in the 3Q when lumber prices plunged Sawmill...

Nov 09, 2021, 11:16 ET Netherlands and Japan increased their market shares of globally traded wood pellets substantially in 2021

In 2020, wood pellet production in Europe was up 4% y-o-y and was 34% higher than in 2016, according to data just released by the UNECE. Despite this ...

Oct 06, 2021, 22:32 ET Softwood pulpwood saw higher price increases worldwide than hardwood pulpwood, resulting in the widest margin between the two fiber sources in 14 years

Softwood fiber costs were generally higher worldwide in the 2Q/21 than in the previous quarter despite an increase in the supply of residuals from...

Sep 23, 2021, 19:44 ET The record high lumber prices in the US shifted global lumber trade flows in the first half of 2021

US lumber prices reached unprecedented highs in the 2Q/21. For example, the costs for 2x4 framing pine lumber inthe US South averaged almost $800/m3...

Jul 22, 2021, 18:26 ET Increased demand for softwood lumber in the US and Asia will change the global trade flows of wood in the coming decade

Softwood lumber has been in high demand in the US and Europe throughout 2021. The limited supply resulted in temporary price surges to record high...

Jul 14, 2021, 17:32 ET The US lumber market was unusually strong during the winter and spring, with prices reaching all-time highs in May

Lumber prices in the US have taken off to never-before reached levels. In May 2021, average prices were more than three times as high as 12 months...

Jul 14, 2021, 17:28 ET The US lumber market was unusually strong during the winter and spring, with prices reaching all-time highs in May

Lumber prices in the US have taken off to never-before reached levels. In May 2021, average prices were more than three times as high as 12 months...

May 19, 2021, 11:11 ET Global trade of wood chips increased by almost 50% from 2009 to 2020, driven by substantial demand for hardwood fiber by Chinese pulpmills

Global trade of wood chips, which are mainly used by pulpmills, grew from about 21 million tons in 2009 to an all-time high of 35 million tons in...

May 14, 2021, 15:09 ET Hardwood fiber costs for pulp mills worldwide increased modestly at the end of 2020 but were still substantially lower in many markets compared to late 2019

Increased demand for hardwood fiber in key pulp-producing countries and a weaker US dollar resulted in higher hardwood pulplogs prices in the 4Q/20....

Apr 13, 2021, 09:20 ET The forecasted growth in wood pellet production in Europe will increase competition for wood fiber and require new feedstock sources

Europe's pellet industry is the largest in the world and is expected to continue to grow strongly, at least until 2025. The key factors driving this...

Apr 04, 2021, 22:45 ET Wood Resources International LLC: The Global Sawlog Price Index rose 8% in the 4Q/20 as demand for logs was up in North America and Europe

Both of the WRI's sawlog price indices (Global and European) jumped 8% q-o-q in the 4Q/20 as log prices increased worldwide. Demand for logs improved ...

Mar 31, 2021, 11:08 ET Chinese imports of softwood and hardwood wood products will be significantly altered in 2022 if Russia's log export ban is implemented

China is the world's largest importer of softwood and hardwood logs, and for many decades, Russia has been a significant log supplier for them. This...

Mar 29, 2021, 11:11 ET Softwood lumber imports to the US were up 4.5% in 2020, contrary to China, Japan and MENA where imports fell

Global Lumber Trade in 2020 Softwood lumber imports to the US were up 4.5% y-o-y in 2020, contrary to most other regions of the world. From 2019 to...

Mar 26, 2021, 20:18 ET Chilean wood chip exports were down 40% in 2020 as Asian pulpmills increased imports from Vietnam

Wood chip exports from Chile plummeted in 2020, with shipments falling by over 40% from the first quarter to the fourth quarter. Only an estimated...

Mar 16, 2021, 14:27 ET Germany's export value of logs and lumber has increased 63% the past five years, reaching 2.5 billion dollars in 2020

The softwood timber harvest in Germany is likely to reach almost 50 million m3 in 2020, about ten million m3 more than a typical year before the...

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 ...