According to vietnamplus.vn, Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60 percent since the beginning of this year, pushing firms to cut off at least half of their production capacities.

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The zero-energy building, which is billed as Asia’s largest mass timber building, takes the form of two six-storey curving rectangles that are joined at multiple points. It consists mainly of sustainably sourced cross-laminated timber and glued laminated timber, or glulam, stiffened by a concrete core.

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The U.S. International Trade Commission determined that revoking current antidumping and countervailing duties on hardwood plywood from China would have negative consequences, reported from Floordaily.

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The participating exhibitors at the Dubai International Wood and Woodworking Machinery TradeShow, taking place until 9 March at the Dubai World Trade Centre, showcased the latest trends, technological innovations, wood products, alternative raw materials, and production scenarios in the wood and woodworking industry, reported from zawya.com.

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According to dw.com, the climate impact of wood-burning is contested. The EU officially counts wood and other biomass as carbon neutral, based on the premise that CO2 emitted through burning will be reabsorbed by more trees in the future. But the European Academies Science Advisory Council says scientific study suggests the trend to replace coal with wood pellets as a means of generating electricity actually increases “atmospheric levels of carbon dioxide for substantial periods of time."  

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Although timber prices fell in the fourth quarter of last year, timber market surveys show that the price of firewood remains relatively high, according to news.err.ee.

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According to Madison's Lumber Reporter, despite somewhat soft demand, as many customers weren’t sure where prices were going so waited to buy, lumber prices popped up again in mid-February. This due mostly to ongoing capacity restrictions, especially in the important timber supply basket of British Columbia. 

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According to market feedback, the price of African lumber has remained stable recently. Among them, the varieties with the largest shipment volume are small zebra, red zebra, yellow rose and black sandalwood, etc., which have been in the market since February.

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Home decor and renovation trends have created a demand for stylish furnishings to add to the appeal of homes. To make their dining and hall spaces even more beautiful, consumers opt for high-quality items like chairs, stools, and sofas in classic designs, as reported by Market.us. 

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According to Gad's Construction Cost Report, in Italy, the cost of renovation and construction increased by more than 25 percent in 2022 compared with last year. Building inflation figures are reported in the Construction Cost Report 2022, the study on price changes in the Italian construction market prepared by Gad Studio. "Compared to the pre-Covid period", explained Gianpiero Aresi, CEO of Gad to the Sole 24 Ore, "the trend confirms an average increase of 25 percent in net costs, measured by virtue of the trend in raw materials costs, without including revaluations of general expenses and company profits, which are also a significant factor". This is an "average figure that does not find significant deviations between new constructions and the recovery of the existing one". The number is the result of an algorithm designed specifically to determine the construction costs and allows to quantify one of the problems that risks to curb even the grounding of the PNR: the price of materials.

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