Wood & Materials

Browse Wood Explorer, plus information on lumber, veneer and panel supply trends availability and pricing.

Canadian News

Canfor closing mills and pellet plant as it restructures operations to 'create a more sustainable footprint'

VANCOUVER, Canada -- Canfor Corp. is closing one sawmill and pellet plant and temporarily closing a second sawmill. The actions will affect nearly 500 workers, and remove approximately 750 million board feet of annual production capacity. The announcement comes just weeks after the company announced it will permanently shut down its pulp mill in Prince George. Canfor is rationalizing its sawmill and pulp mill operations in B.C. to align with a shrinking fiber supply.

Wood Explorer

Brazilian rosewood: Highly prized but highly restricted

Brazilian rosewood, also called jacaranda, is perhaps one of the most beautiful woods in the world. However, extensive harvesting over the past three centuries has virtually eliminated this tree from the Brazilian forests, so that today it is not supposed to be harvested. The only material that can be sold legally is old stock; such material has to display a CITES Certificate, noting special approval. As might be expected, the wood is expensive.

Canadian News

Canfor extending production curtailments in BC

Canfor Corp. is extending its sawmill curtailments in British Columbia due to ongoing weak market conditions and the lack of available economic fiber. The production capacity will be reduced through two-week curtailment extensions in January at select solid wood facilities in B.C. This will remove approximately 21 million board feet in addition to the 150 million board feet previously announced on December 5, 2022. The company said it plans to continue to adjust operating rates to align with market conditions and the available supply of economically viable timber.

Almanac Market Data

Wood components & industrial products: Industry trends & projections

View the infographic with trends, statistics and projections for the wood components and industrial products industries. Wood components include: cabinet doors & drawers, furniture parts, mouldings & trim, turnings, dimension stock, stair parts & specialty items. Industrial Products include: pallets, reels, household utensils, crates, plus crossties and pellets.

Woodworking Industry News

Madison Report: New home sales take wild ride

VANCOUVER, BC, -- Sales of new homes in the US have bumped up and down for the second half of this year and recovered upward once again in October. While it is true that a slowdown is apparent in both construction and home buying activity, it is important to note that new building activity year-to-date remains almost even compared to January - October of 2021.