The Chicago Mercantile Exchange futures contract for the softwood two-by-fours used in framing houses closed at its highest price ever. Source: Justin Fox for Bloomberg If one adjusts for inflation, current prices are no longer record-setting. But an interesting pattern does appear if
With the impact of global warming set to become a key issue in Australian forestry policy, German experts have emphasised the indispensable role of sustainable forest management in climate protection. From Philip Hopkins for Timberbiz The Victorian Labor Government has pledged to incl
For 18 generations, people in Denglu Village, southwest China’s Guizhou Province, have kept their ancestor’s oath to guard a primeval forest of Chinese cedarwood (Phoebe nanmu). Source: Xinhuanet The large, slow-growing evergreen trees are better known as the precious timb
Sitting on the northwestern side of Mount Fuji, Aokigahara Forest (more commonly known as “Suicide Forest”) is the definition of tragic beauty. Sometimes referred to as the Sea of Trees, it has been the site of numerous suicides, dating all the way back to the mid 1900s. S
Astrosat, Scotland’s space and technology services company has a new partnership to support the Sumatra Merang Peatland Project (SMPP), a forest conservation and biodiversity protection initiative in South Sumatra, Indonesia. Source: Timberbiz Leveraging its access to data from some o
US Secretary of Energy Rick Perry announced four funding opportunities totaling up to US$78 million to support early-stage bioenergy research and development under the Office of Energy Efficiency and Renewable Energy’s Bioenergy Technologies Office. Sources: Timberbiz and Energy Live
Gresham’s law states that bad money drives good money out of the market. That is, we hoard the good stuff, trusting it to hold its value, while offloading the dross. That resonates with Tony Dalwood as boss of Gresham House, the Aim-quoted alternative investment company. Source: Finan
Export prices of Indonesian plywood continue to climb with no sign of slowing down. Source: Timberbiz In particular, thin panel of 2.5mm prices shot up to about US$1,000 per cbm C&F, the highest on record. Weather in Indonesia is much worse than Malaysia and with tightening contro
Canada’s strained rail network is damaging Alberta’s forest industry according to Paul Whittaker, president and CEO of the Albert Forest Products Association in an article he wrote for CBC News. Source: CBC News After a winter of delayed shipments, high storage and truckin
US softwood lumber demand is expected to continue its upward trajectory from the lows of the global financial crisis of 2008-2009, reaching an all-time high by mid 2020s, according to a newly released US Lumber Outlook Study by ForestEdge LLC and Wood Resources International LLC (USLO