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Tag: wood

Editor’s pickWRI: Weakened US dollar drives global wood fiber price indices up 1.6% in 3Q 2020

13-01-2021
Wood Resources International, WRI, prices, hardwood, softwood, market

In 3Q 2020, 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 q-o-q increase in almost two years was mainly driven by a weakening of the US dollar against currencies in all WRQ countries except Russia. Currencies in Europe and Oceania …

Editor’s pickWoodworking machines market to grow by US$679.38 million amid ongoing recession

04-01-2021
Woodworking machinery, manufacturing, machinery, COVID-19, study

Technavio has announced its latest market research report titled Global Woodworking Machines Market 2020-2024 (Graphic: Business Wire) The new woodworking machines market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads. "One of the primary growth drivers for this market is the …

Editor’s pickGlobal forest industry rides out tumultuous year

23-12-2020
market, trend, covid-19, global, wood, pulp, biomass

Wood Resources International has published a report on the global forest industry, outlining the key fluctuations and trends within the timber, pulpwood, pulp, lumber and wood biomass sectors. Here are their findings: Global Timber Markets Strong lumber sales and a weakening US dollar moved sawlog prices upward in many markets worldwide in …

US: WoodWorks appoints Interfor Senior VP as 2021 Chair

21-12-2020
United States, WoodWorks

Bart Bender, in-coming Chair of WoodWorks  The United States' WoodWorks Wood Products Council has announced that Bart Bender, Senior Vice President (VP), Sales and Marketing at Interfor, has been elected to Chair the programme for a two-year term beginning in 2021, and Keith O’Rear, Senior VP, Wood Products, at Weyerhaeuser, will join …

Brazil: Wood-based product exports rise 32% in October 2020

09-12-2020
Brazil, exports, trade, wood products

The International Tropical Timber Organization (ITTO) has reported that in October 2020, the value of Brazilian exports of wood-based products (except pulp and paper) increased 32% compared to October 2019, from US$222.6 million to US$293.7 million. The value of October pine sawnwood exports increased 29% year-on-year from US$36.6 million in 2019 …

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