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Recent observations by operators in Central/West Africa signal a slowdown in demand in several markets. In Iraq, for example, the pace of new orders has fallen and in China demand is reported as slow
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Wood chip and pulplog prices rose substantially in most countries over the past year in the local currencies. For example, in the Nordic countries, domestic prices were up about 20% from the 4Q/21 to the 4Q/22
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The price of OSB has increased 510% since January 2020, exceeding the peak price increase in lumber by nearly 180 percentage points in the USA, as the National Association of Home Builders (NAHB) reported...
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Claude Schnepf heads Scierie et Caisserie de Steinbourg, one of the leaders in the beech market in France with 75,000 m3 processed annually, a capacity which will soon increase to 100,000 m3 thanks to a major investment program. The company exports 70% of its turnover outside the EU (€ 21m in 2019), mainly to China, a market that Claude Schnepf has known for 25 years...
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The first autumn auctions in France have just been launched by France's Natonal Forest Office (ONF) in a general uncertain political-economic climate. This lack of prospects also concerns the timber market in France. This is one of the conclusions to be drawn from the auction of September 8, 2020 which was not held in Beaune (Côte d'Or), as usual, but in Châtenoy-le-Royal (Saône-et-Loire) due to Covid-19. The entire auction therefore took place entirely online without the physical presence of buyers and observers in the auction room...
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While most construction framing dimension softwood lumber prices stayed flat last week, Plywood and Oriented Strand Board did increase. The early-season storms in the U.S. southeast as well as ongoing wildfires in the U.S. west have propped up demand of wood panel products for rebuilding and reconstruction at a time of year when sawmills are usually reducing production
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After 4 weeks of interruption, sales resumed in April in France's public forests. Because of the lockdown measures, they all took place online....
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Oak has become priceless in France! This statement may seem exaggerated but the examination of the auction results for the first five months of 2018 leaves no doubts about the current state of the oak market in France. Year-on-year and on average (see table 1), the price increase of logs reached 25%, exceeding 50% over two years
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Switzerland is no exception to the main trends currently observed in European timber markets. Oak prices continue to rise steadily, with the average increase being around 30% in two years
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In the second quarter of the current year, trade on the French hardwood markets was mixed. The French oak continues to run with the wind, and the industry representatives do not see reasons why it should stop. In processed goods, virtually all products find
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During January and February, Fordaq has monitored the activity of many sawmills in Eastern Europe. From the survey we have found the following prices
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Since 2013, oak prices have been climbing in France. All forest and woodworking industry professionals are wondering how far up oak prices can go
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On the French hardwood market – depending on the species and the product grades – the results of 2016 are heterogeneous from the point of view of timber auctions. In the oak sector the situation keeps getting better. French sawmill owners benefit from the fortuitous combination of circumstances, namely
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The launch of the so-called labeled auctions (i.e. under the labels of quality, as in FSC etc.) organised by ONF (Office national des forêts) doesn't seem to have had any effect on the quality oak sales. This is one of the conclusions buyers and sellers could reach at the close of the latest auctions held early this summer. In the end of May, ONF announced that an annual oak price growth on average came up to 5%, while the volume of unsold goods reached 10%
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Last week's ales of framing lumber in US varied among species and producing regions. The cash market in Western S-P-F got a shot in the arm from strength in futures, and transportation hang-ups related to a rail trestle in Alberta that was destroyed by fire. Eastern S-P-F producers also caught the wave of increased activity. Elsewhere, trading was mixed, with the pace slowing in Southern Pine and trading in western species described as a grind. All told, the Random Lengths Framing Lumber Composite Price rose $4
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Price trends in U.S. framing lumber were mixed last week, but the tone of the market was more upbeat in the second half of the week. The pace slowed in Southern Pine, as a waiting game developed between buyers and sellers. In contrast, prices advanced in Canadian S-P-F, although the bulk of those gains came early on momentum from the previous week’s action.
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With one major exception, trading in US framing lumber species was steady to active. Western and Eastern S-P-F set the pace with double-digit gains in the narrows of random dimension and studs. In the West, green Douglas Fir caught a wave of demand, while sales of dry framing picked up and posted at least modest gains. The major exception was Southern Pine; prices were vulnerable
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The first quarter came to a close with framing lumber prices still pointing upward. Early week strength in futures buoyed mill positions and trader confidence. Mill order files in various species extended into mid-April and beyond. By most accounts, demand was steady to brisk, and many buyers circulated back to their suppliers for coverage
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The second quarter got off to a quiet start in most framing lumber species, after a brisk close to the first quarter. Traders attributed the slower pace to the need to digest March purchases, and assess market prospects going forward. Spring break, vacation absences, and a reversal in the futures market were all cited as contributing factors
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Price trends in US framing lumber were mixed last week. Southern Pine was the primary exception to a wider weakening trend. A number of SYP mills were off the market as they caught up on late shipments. Torrential rains and floods preoccupied traders in East Texas, but other key markets picked up the slack. In other species, trading was generally liquid, but producers usually had to trim prices to entice buyers.
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While a measured pace prevailed through Wednesday, trading in framing lumber picked up steam on the Thursday of last week. One catalyst was a strong upward move in futures, although the impact on the cash market was uneven
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Amid some mixed sentiment, framing lumber prices increased. Weather clouded the views of traders in some markets. But with warm temperatures across the East and a sense that the remainder of winter held little threat going forward, buyers stepped up purchases. Trading was especially active early on, as momentum from the previous week’s surge carried over through Tuesday. Activity eased at the mill level, as producers extended order files and raised prices — in some cases sharply
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Hardwood logs auction sales have moved forward and faced new tendencies. In the end of Q1 2016, new trends seem to emerge in the oak sector. Following three years of uninterrupted growth of the oak log prices, the industry now sees the end of this epoch
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Framing lumber prices pushed higher, as mild weather across much of the U.S. spurred consumption. Although rain and flooding were factors in some areas, traders widely agreed that, on top of a mild winter, spring weather had arrived about a month earlier than normal
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A slower pace of sales was widely noted in the US lumber market of last week, but strength in prices of framing lumber prevailed. The gains mostly came early in the week on momentum carried over from the previous week. Many traders paused to digest recent purchases and higher prices. That approach was abetted by the Montreal Wood Convention and spring break, which took many traders out of their offices. Easter observances were an additional factor late in the week. The Random Lengths Framing Lumber Composite Price rose for an eighth straight week
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