After several years of strong demand and record prices for softwood lumber, the global sawmill industry now faces challenging markets ahead. From 2020 to 2022, supply chain constraints and an unexpected surge in home improvement...
Our thoughts on forest product markets
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Forest carbon markets: Carbon pricing mechanisms
In this second of a series of blogs about the rapidly evolving markets for forest carbon and how they can impact global forestry, we focus on carbon pricing mechanisms -- including carbon taxes and cap-and-trade systems, and the role of forest carbon credits. See also...
Forest carbon markets: Forests’ role in climate change
Forest carbon markets are quickly evolving as the importance of forests in tackling climate change is increasingly recognized and rewarded – something we are pleased to see and are very excited about. Almost 25% of global carbon dioxide emissions are now covered by...
How will war in Ukraine shape forest product markets?
Disruptions in global trade of forest products Russia’s invasion of Ukraine on February 24 came as a shock to many in Europe and around the world. Beyond the human cost of the war, it’s having profound impacts on global markets – including markets for forest products....
Central Europe post-bark beetle
Adjustments in Central Europe’s wood supply are inevitable as salvage winds down and forest management adapts to future risks Central European roundwood markets are at a turning point. Forests in much of the region have recently suffered extensive damage from a bark...
Ascending US South softwood industry
The US South is poised to become a critical softwood resource for regional and global forest product markets. The US South softwood timber resource is large, highly cost-competitive, and increasingly critical for the global supply of several forest products. In 2020,...
Tighter global lumber markets
Strong demand in the US and China, and constrained supply from key exporters, is driving global shortage for softwood lumber. Anyone who recently bought sawn lumber will know that prices are high this year. This is felt globally, but nowhere more than in North America...