by Working Forest | Apr 8, 2020 | Archives
Magnolia Reporter — With millions of Americans already out of work and continued job losses exceeding that of the Great Recession of 2009, U.S. GDP is projected to decline by 8 percent in 2020. There are projections that it could take up to three years for the...
by Working Forest | Apr 8, 2020 | Archives
OTTAWA, The Canadian Press— Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed by 7.3 per cent in March. The national housing agency says the seasonally adjusted annual rate of starts last month came in at 195,174 units, down from 210,574...
by Working Forest | Apr 8, 2020 | Archives
WRI — The value of imported forest products to China dropped by 750 million dollars y-o-y during January and February 2020, with the biggest falls on the values of wood pulpand softwood lumber, reports the Wood Resource Quarterly. The coronavirus epidemic in...
by Working Forest | Apr 7, 2020 | Archives
Lesprom Network — Softwood lumber price in China decreased 13.5% to $161 per cubic meter in January-February 2020, according to China Customs data. In the first two months of 2020, Chinese imports of softwood lumber was 7.9% down y-o-y to 3.33 million m3. The...
by Working Forest | Apr 7, 2020 | Archives
BRASILIA (Reuters) – Brazil’s Environment Minister Ricardo Salles has dismissed a government analyst who opposed relaxing environmental review of wood exports, an official notice said on Monday after thousands of shipments from the Amazon bypassed required...
by Working Forest | Apr 7, 2020 | Archives
TTJ Online — Several key Nordic softwood sawmillers have implemented production cutbacks in response to reduced UK demand for sawn timber. Bergs Timber and Södra were two large Nordic sawmillers to make announcements after UK and European government restrictions...