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Industries We Serve
News
What’s happening in the world affects your business. We find out the latest news and updates and share it with you here and in our weekly industry update newsletter.
US lumber importers drive buying mania for European wood
Facing skyrocketing lumber prices at home, U.S. importers are driving competition for European wood, and winning. The frenzy comes on the heels of record American forest-products imports from Europe in 2020, when North American demand soared and caught sawmills off guard with low inventories. Lumber prices have reached new peaks on a near daily basis in recent weeks, quadrupling from just a year ago. The unprecedented rally has been spurred by low borrowing rates, an increased appetite for larger homes, and a frenzy of do-it-yourself renovations during the pandemic.
05.13.2021
Vietnam Won the US-China Tariff War
Monthly imports from Vietnam have been rising steadily on a year-over-year basis since June 2020, and the year-to-date figures show they doesn’t appear to be leveling off anytime soon.
05.13.2021
U.S. Tariffs Drive Drop in Chinese Imports
U.S. tariffs have led to a sharp decline in Chinese imports and significant changes in the types of goods Americans buy from China, new data show, with purchases of telecommunications gear, furniture, apparel and other goods shifting to other countries.
05.12.2021