Latest Blogs on the Timber Industry & Trade Digitization

Filtered by Tag Market Data Hub
Sawn Timber Market Outlook

Sawn Timber Market Outlook for the Next 1-3 Months

As the construction and woodworking industries closely monitor market trends, the future of sawn timber prices has become a topic of significant interest. As a way of gathering sentiment and insights, our LinkedIn community recently participated in a poll asking: "How do you expect sawn timber prices to perform in the next 1-3 months?

Read more
The Significance of Market Data Transparency

Unveiling the Secrets of the Wooden Pallet Industry: The Significance of Market Data Transparency

Over the past decades, the packaging industry has witnessed remarkable changes driven by factors such as globalization, the booming e-commerce industry, and a heightened focus on sustainability. In this article, we will explore the trends, challenges, and opportunities within the wooden pallet industry.

Read more
CME Lumber Futures

Changes Made to the CME Lumber Futures Contract 2022

The unpredictable nature of lumber prices as seen over time has given rise to confusion amongst buyers and sellers who have been forced to navigate their businesses amidst extreme volatility. Fortunately for traders, the Chicago Mercantile Exchange (CME) Group has recently launched updates to the lumber futures & options on a futures contract to reduce price volatility in the market.

Read more
Increase EBITDA & Reduce Market Volatility

How to Leverage High-Trust Trade Networks to Increase EBITDA & Reduce Market Volatility

Today, only a handful of timber distributors and buyers are globally active with agile supply chains. This is because most of them are established in just one or two markets. Some buyers are often seen sending incomplete inquiries to the distributors due to their lack of appropriate information about the procedure of moving forward with a tender and the market situation. This results in several missed opportunities for both counterparties in the long run.

Read more
Directive on Corporate Sustainability Due Diligence

An Insight into the EC's Proposal for a Directive on Corporate Sustainability Due Diligence

Recently, the European Commission published a proposal for a Directive on Corporate Sustainability Due Diligence in February 2022. This publication proposes an EU standard for human rights & environmental due diligence. The main aim of this Directive is to bring international standards into the European law to prevent the negative consequences of global business activities.

Read more
Operational Environment Webinar with Tommi Sneck

A Quick Glimpse of the Sawmilling in Finland and Operational Environment Webinar with Tommi Sneck

The Finland Sawmilling market is a topic of interest for several timber industry experts globally. Mr Amir Rashad, the CEO of Timber Exchange, recently hosted a Timber & Technology webinar that focused solely on the subject. To do the same, he brought on board the Chief Executive Officer of Finnish Sawmills Association (Sahateollisuus) and Sales Director of Koskisen Sawmills - Mr Tommi Sneck.

Read more
Digitization of Paper Documents in Global Trade

The Queen Endorses the Digitization of Paper Documents in Global Trade

On the 10th of May 2022, in the Queen’s Speech which marks the beginning of the new UK parliament term, the UK Prime Minister and His Royal Highness the Prince Of Wales announced the Electronic Trade Documents Bill. The Electronic Trade Documents Report and Bill is one of the first pieces of proposed legislation that arose from The Law Commission’s recent focus on new technologies.

Read more