According to AJOT, sawmill profit margins have fallen substantially in North America over the past 12 months with BC sawmills margins in the 2Q/19 being close to their lowest levels in 15 years, reports the Wood Resource Quarterly.

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According to woodworking Network, Brian Daigneault has combined his loves of traveling, surfing, and woodworking to specialize in custom cabinetry for cars and trucks. His Huntington Beach, California, shop called Solid Wood Worx does intricate and inventive conversions that turn ordinary cars, trucks, and vans into multipurpose camping and overlanding vehicles.

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According to the Sun daily, Malaysia has exported about RM12.5 billion worth of timber products between January and July this year, said Malaysian Timber Industry Board (MTIB) director-general, Mohd Kheiruddin Mohd Rani.

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Wood fibre costs fell in most regions of North America during the first six months of 2019, with the biggest declines in Western Canada and the U.S. Northwest. Prices for pulplogs and wood chips in the U.S. South bucked the trend, with softwood fibre moving up to its highest levels in three years and hardwood fibre prices hitting an all-time-high,according to Canadian Forest Industries.

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The global plywood industry is currently affected by the US-China trade war and the slowdown of China's economy. In 2018, its market size was estimated at $73.9B, surging by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price), reports by GWMI.

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According to FORDAQ, after five years of continuous growth, the German wood industry had to cope with a slight decline in sales in the first half of 2019 for the first time. 

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According to Wood Resource Quarterly (WRQ), lumber prices in the U.S., have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random Lengths reached its highest level in at least 30 years. 

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Local media reported that the cost of logging timber had become prohibitively expensive, and the log yard was nearly empty.  

These days, logs are stacked high next to a humming mill. Production is up 20 percent from even just 2016.

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The price of lumber is no longer sky-high, industry says it’s still a great time for wood, reports from Edson Leader.

“This is quite an amazing period for our sawmills,” says Mark Kube, a forest markets and production innovation forester for the Alberta government. There are more than 70 mills in the province.

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Global wood pellet markets, both the heating and industrial sectors, have had significant growth in the past decade. Growth rates over the most recent four years of data has been about ten per cent annually; from about 19.5 million metric tonnes in 2012 to about 28 million metric tonnes in 2015, reports from FutureMetrics.

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