INDUSTRY NEWS

New Zealand forestry export prices reach three year highs

2021 has certainly started on a positive note for the NZ forestry industry with prices firming in the export sector, in fact close to the highest in the last 3 years. Prices have been on a strong run since November due to Chinese demand and a gap in supply. New

Skyrocketing wood prices in some European countries

European wood is in great demand. That leads to skyrocketing prices. “The sudden and massive shortage of lamellas on the European timber market has triggered a veritable tsunami of demand for glued wood products from Schilliger Holz AG,” the Küssnacht-based company states on its website. Lamellae are boards from which

Germany: Timber traders worried about supply shortage

The German timber trade is concerned about the increasingly tense situation on the procurement markets. Wholesalers are increasingly confronted with long delivery times for the most important product ranges, and supplies to construction sites are gradually becoming scarce. If the situation worsens, a construction freeze on construction sites can no longer

Raw material shortage threatens the future of the Swedish forest industry

The productive forest land used in Sweden today is not enough to meet the demand for forest raw materials, the Swedish Forest Agency and SLU state in a new forest impact assessment. The Swedish forest industry is currently estimated to need around 77 million cubic meters of timber and pulpwood per

N. American lumber prices continue to go even higher

North American construction framing dimension softwood lumber prices are reaching ever higher, to the point that the most veteran industry players can’t believe it. The Easter long weekend is usually a good indicator of where the market is at; a minimum four days off in Canada provides understanding as to

Drax completed acquisition of Pinnacle Renewable Energy

British energy company Drax, which owns the world’s largest biomass power station, located in the United Kingdom and wood pellet mills in the southern United States, has announced that purchase of wood pellet producer Pinnacle Renewable Energy, originally announced in late February 2021, has been officially completed. The purchase of

US Housing Starts March, Softwood Lumber Prices April: 2021 (video)

Compared to March 2020 total residential starts in the US last month shot up by +37% to a 1.74 million annualized rate, from 1.27 in the same month one year ago. Permits for future homebuilding increased spectacularly compared to one year ago, up by +30% to a rate of 1.77

US Housing Starts March and Softwood Lumber Prices April: 2021

US Housing Total and 1-Unit Starts March & Benchmark Softwood Lumber Prices April 2021 madisonsreport.com This year started off with a very harsh winter, which kept construction and building activity down in January and February. March housing starts across North America show a significant rebound; something Madison’s expected, due to

Canada and US Railcar Loadings: March 2021

Total US carload traffic for the first 3 months of 2021 was 2,911,097 carloads, down -2.6%, or 77,267 carloads, from the same period last year; and 3,619,546 intermodal units, up +13.2%, or 421,513 containers and trailers, from last year. yardeni.com The Association of American Railroads (AAR) reported April 7 US

New Zealand forestry export prices reach three year highs

2021 has certainly started on a positive note for the NZ forestry industry with prices firming in the export sector, in fact close to the highest in the last 3 years. Prices have been on a strong run since November due to Chinese demand and a gap in supply. New...

Skyrocketing wood prices in some European countries

European wood is in great demand. That leads to skyrocketing prices. "The sudden and massive shortage of lamellas on the European timber market has triggered a veritable tsunami of demand for glued wood products from Schilliger Holz AG," the Küssnacht-based company...

Germany: Timber traders worried about supply shortage

The German timber trade is concerned about the increasingly tense situation on the procurement markets. Wholesalers are increasingly confronted with long delivery times for the most important product ranges, and supplies to construction sites are gradually becoming...

N. American lumber prices continue to go even higher

N. American lumber prices continue to go even higher

North American construction framing dimension softwood lumber prices are reaching ever higher, to the point that the most veteran industry players can’t believe it. The Easter long weekend is usually a good indicator of where the market is at; a minimum four days off...

Drax completed acquisition of Pinnacle Renewable Energy

British energy company Drax, which owns the world’s largest biomass power station, located in the United Kingdom and wood pellet mills in the southern United States, has announced that purchase of wood pellet producer Pinnacle Renewable Energy, originally announced in...

US Housing Starts March, Softwood Lumber Prices April: 2021 (video)

Compared to March 2020 total residential starts in the US last month shot up by +37% to a 1.74 million annualized rate, from 1.27 in the same month one year ago. Permits for future homebuilding increased spectacularly compared to one year ago, up by +30% to a rate of...

US Housing Starts March and Softwood Lumber Prices April: 2021

US Housing Starts March and Softwood Lumber Prices April: 2021

US Housing Total and 1-Unit Starts March & Benchmark Softwood Lumber Prices April 2021 madisonsreport.com This year started off with a very harsh winter, which kept construction and building activity down in January and February. March housing starts across North...

Canada and US Railcar Loadings: March 2021

Canada and US Railcar Loadings: March 2021

Total US carload traffic for the first 3 months of 2021 was 2,911,097 carloads, down -2.6%, or 77,267 carloads, from the same period last year; and 3,619,546 intermodal units, up +13.2%, or 421,513 containers and trailers, from last year. yardeni.com The Association...

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