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GIA announces the release of a comprehensive global report on Wood Panels markets. Global Wood Panels consumption is forecast to reach 336 million cubic meters by the year 2017, driven primarily by the reviving housing sector, which represents a principal end-use market. Demand in the global market for forest products...... [more...]
Prices of wooden furniture made in Bulgaria may jump by 40%, according to Hristo Yovchevski, a member of the the Bulgarian Branch Chamber of Woodworking and Furniture Industries.
"There will be a price spike if the several companies which bought all of the timber sold on the commodity exchange decide... [more...]
A successful wood products manufacturer/distributor located in the Northern Mexico is offering their woodworking and door manufacturing equipment, brand name, client list, designs and actual orders for sale. ... [more...]
Global sawlog prices fell in late 2011, especially in lumber export oriented countries such as Western Canada, Finland, Sweden, Russia and New Zealand, reports the Wood Resource Quarterly.
Weakening lumber markets in Asia and Europe reduced demand for sawlogs in many countries late last year. As a result, log prices in a number of the major lumber producing countries in the world fell during the second half of 2011, according to the market report the Wood Resource Quarterly.... [more...]
Compared to the same month last year, nearly all producer prices for wood products show a significant price increase, except for finger-jointed squares and beams (KVH). While KVH prices in last years beginning could harden, the downward trend of the recent months continued in January 2012. Already in December, KVH index lost 2.6%. In January, another 5.2% dwindled away. In the last three months, the index for KVH decreased by 11.7 points, representing a decline of 8.5%... [more...]
The Home Depot®, the world's largest home improvement retailer, today reported sales of $16.0 billion for the fourth quarter of fiscal 2011, a 5.9 percent increase from the fourth quarter of fiscal 2010. Comparable store sales for the fourth quarter of fiscal 2011 were positive 5.7 percent, and comp sales for U.S. stores were positive 6.1 percent...... [more...]
The Lokkeri harvester, which was the world’s first prototype for a walking forest machine, is now on display at the Deere & Company Pavilion in Moline, Illinois in the United States.
The former Plustech Oy research and development unit, which is now part of John Deere... [more...]
In the 4Q, the US dollar continued to strengthen against the currencies of all of the
countries covered by the WRQ except Japan. This development, together with a
downward price pressure on pulplog and wood chips in local currencies because of
weakening pulp demand, resulted in...... [more...]
Softwood lumber production and trade were down in many of the major markets
worldwide during the fall of 2011. In the US and Canada, production fell sharply in
November by nine and six percent, respectively, from the previous month. Production
was...... [more...]