Australasia's home for timber news and information

Ligna 2021 off the table

23 April 2021
Ligna was rescheduled to run this year in September but this will not go ahead due to the continuing high level of COVID 19 infection worldwide, the slow national and international progress on vaccination and the continuing existence of travel restrictions. Instead, the event is now t
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US Lumber prices soar, demand is high but stumpage is static

21 April 2021
Lumber prices have soared to records. Demand for wood is skyrocketing. The shares of wood suppliers are surging. And yet, trees themselves are dirt cheap in places like Louisiana, where timber supplies are plentiful. Source: Bloomberg The so-called stumpage fee, or what lumber compani
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European paper demand is up alongside prices

21 April 2021
With a significant portion of Australian and New Zealand supply coming from European sources and companies, what happens in Europe last month, impacts Australasian price and volume developments in coming months. Sources: EMGE, IndustryEdge Global paper market consultants EMGE & Co
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Stora Enso plans shut down of two paper mills

21 April 2021
Stora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden and Veitsiluoto Mill in Finland regarding a plan to permanently close down pulp and paper production at both mills. The planned closures would take place during the third quarter of 20
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US lumber prices claim a 375% increase in a year

19 April 2021
  Prices for all categories of lumber break records as futures prices surge with no relief in sight for buyers. Closing prices on Friday, April 16, 2021 of Chicago Mercantile Exchange Random Length Lumber Futures contracts for every delivery month in 2021 were all above US$1000 p
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Sennebogen materials handler equipped for timber work

19 April 2021
Sennebogen’s 830 E series materials handler supports timber professionals in log transport and sawing operations as it is mobile with practical trailer application stands, a robust design and is delivered with 14m equipment as standard, depending on the weight to be loaded and trailer
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Apple launches Restore Fund for investors in forestry

19 April 2021
  Apple announced a first-of-its-kind carbon removal initiative, called the Restore Fund, that will make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors. Source: Timberbiz Launched with Conservation Internati
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Timber prices in China soar to new heights

16 April 2021
Timber prices in China soared as imports have been affected by the COVID-19 pandemic, which has put much stress on companies in the sector. But experts predicted that the situation would ease as the pandemic wanes and conditions improve. Source: The Global Times “The COVID-19 pa
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University researcher finds a new way to predict future log prices

16 April 2021
At a time when lumber prices are skyrocketing, an Oregon State University researcher has developed a new way to predict the future price of logs that uses readily accessible economic information. Source: Timberbiz “Log prices are really variable,” said Je! Reimer, a professor of appli
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Scorpion wins Best of the Best in Red Dot awards

16 April 2021
The new Future Cabin included in the Ponsse Scorpion launched in February has won a product design award in the internationally acclaimed Red Dot design competition. Source: Timberbiz The award in question was the Best of the Best award in the Product Design category, granted for the
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