Latest Blogs on the Timber Industry & Trade Digitization

Market Trend | October 4, 2024

A recent survey of lumber market participants offers insights into potential market movements, revealing that stability prevails over significant price changes among a minority of market participants.

Market Trend | March 11, 2024

The China wood products market is in a state of flux, presenting both challenges and opportunities for stakeholders across the globe. As the world's largest importer of wood products, China's demand has been a driving force in the timber industry for almost 15 years.

Global Lumber Market | June 19, 2023

The global lumber market is competitive and volatile. Factors such as economic conditions, population growth, urbanization, and consumer preferences all affect the global lumber market. Changes in any of these parameters can lead to demand fluctuations. In recent times, there has been a shift in the lumber market, and we are entering a phase of slowing demand and pricing.

Global Lumber Market | September 16, 2022

The global timber market goes through volatile ups and downs throughout the year because of several factors like raw material supply, weather, exchange rates, housing demand, logistics prices, global price discrepancies, and logistics capacity. Decisions taken without fully understanding the performance of the target market or the competitors’ activity in their key markets can harm your business's profit margins and lead to lost opportunities.

Market Trend | October 13, 2021

Lumber prices, over the past few months and 2020, have been in turmoil. While it might show an all-time high at one point, the next quarter can see the European and US lumber price dropping down like anything. Mid-July 2021 saw the price of the finished SYP (Southern Yellow Pine) lumber tumbling over 65% from the record high ($1,600 per 1,000 board feet) that it had reached simply 9 weeks ago (in May).