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Stay up to date with the latest industry insight news in the global timber industryLatest Industry insight Update
TTJ Regular Softwood Update
UK softwood sales volumes quietened through June, but most traders found increased price levels cushioned the blow and their monthly results turned out to be an acceptable compromise between turnover and margin.
> read more
UK softwood sales volumes quietened through June, but most traders found increased price levels cushioned the blow and their monthly results turned out to be an acceptable compromise between turnover and margin.
> read more
Over 500 delegates attend NMBS All-Industry Conference
NMBS, the UK’s largest buying society for independent builders’, plumbing and heating, timber, and hardware merchants, attracted more than 500 delegates to its All-Industry Conference in Italy on June 14-17.
NMBS, the UK’s largest buying society for independent builders’, plumbing and heating, timber, and hardware merchants, attracted more than 500 delegates to its All-Industry Conference in Italy on June 14-17.
Builders’ merchant sales grow
Latest builders’ merchant sales stats show sales were up 8.8% in April compared with the same month a year ago.
Latest builders’ merchant sales stats show sales were up 8.8% in April compared with the same month a year ago.
Global softwood lumber prices continue climb
Global softwood lumber prices continued their two-year climb in Q1 with the growth being higher in North America than in the Nordic countries, Russia and China, reports the Wood Resource Quarterly (WRQ).
Global softwood lumber prices continued their two-year climb in Q1 with the growth being higher in North America than in the Nordic countries, Russia and China, reports the Wood Resource Quarterly (WRQ).
Construction figures show dip
Severe wintry weather at the start of 2018, rising costs and Brexit are to blame for a sharp drop in construction output, says the Federation of Master Builders (FMB).
Severe wintry weather at the start of 2018, rising costs and Brexit are to blame for a sharp drop in construction output, says the Federation of Master Builders (FMB).
US softwood lumber consumption on track for record highs
US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America, according to a new study from ForestEdge and Wood Resources International.
US consumption of softwood lumber is likely to reach record-highs by 2030, resulting in export opportunities for sawmills in Europe and Latin America, according to a new study from ForestEdge and Wood Resources International.
Declining wood products trade between China and the USA
The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
The value of the wood products trade between China and the US fell 16% in March 2018, according to the International Tropical Timber Organisation’s latest market report.
UK homegrown timber prices surge 30% in a year
Timber prices in the UK have soared by almost 30% in a year, according to newly-released figures.
Timber prices in the UK have soared by almost 30% in a year, according to newly-released figures.
BWF welcomes Hackitt Review
The British Woodworking Federation (BWF) has welcomed the recommendations of the Hackitt Review into the Grenfell Fire.
The British Woodworking Federation (BWF) has welcomed the recommendations of the Hackitt Review into the Grenfell Fire.
UK construction output falls 2.7% in Q1
Office for National Statistics figures show that UK construction output decreased 2.7% in the first quarter of 2018.
Office for National Statistics figures show that UK construction output decreased 2.7% in the first quarter of 2018.
Building product sales up in February
Builders’ merchant timber and joinery sales showed a strong performance in the latest data released in the Builders Merchant Building Index (BMBI).
Builders’ merchant timber and joinery sales showed a strong performance in the latest data released in the Builders Merchant Building Index (BMBI).
Regular Softwood Briefing from TTJ
The effects of prolonged wintry conditions that lasted through to March, slowed softwood sales in the UK to a point that kept landed stocks fairly replete.
The effects of prolonged wintry conditions that lasted through to March, slowed softwood sales in the UK to a point that kept landed stocks fairly replete.
Court grants Rougier permission to restructure African business
International tropical hardwood specialist Rougier has gained court permission for restructuring measures after filing for insolvency protection.
International tropical hardwood specialist Rougier has gained court permission for restructuring measures after filing for insolvency protection.
BMF stats show merchants performed well in 2017
Sales figures published by the Builders Merchants Federation’s (BMF) Builders Merchants Building Index (BMBI) reveal a strong 2017 final quarter performance for the sector.
Sales figures published by the Builders Merchants Federation’s (BMF) Builders Merchants Building Index (BMBI) reveal a strong 2017 final quarter performance for the sector.
South-east traders highlight treatment and supply issues
Timber availability and the need to improve treated timber specification were two of the hot issues under discussion at the first official meeting of the newly re-formed London and Southeast Timber Trade Association (L&SETTA).
Timber availability and the need to improve treated timber specification were two of the hot issues under discussion at the first official meeting of the newly re-formed London and Southeast Timber Trade Association (L&SETTA).
TTF statistical review charts industry growth
The newly-released annual Timber Trade Federation (TTF) Statistical Review shows that the volume of wood products consumed in 2016 exceeded 16 million m3 for the first time since before the recession in 2008.
The newly-released annual Timber Trade Federation (TTF) Statistical Review shows that the volume of wood products consumed in 2016 exceeded 16 million m3 for the first time since before the recession in 2008.
Groups welcome Budget housing sector boost
The Construction Products Association (CPA) and Timber Trade Federation are among groups welcoming the government’s Budget moves to help the construction sector.
The Construction Products Association (CPA) and Timber Trade Federation are among groups welcoming the government’s Budget moves to help the construction sector.
UK timber import slowdown predicted
The Timber Trade Federation (TTF) is predicting a slowdown in the UK’s softwood imports for 2018.
The Timber Trade Federation (TTF) is predicting a slowdown in the UK’s softwood imports for 2018.
Grafton reports positive first half
Grafton Group plc has reported a 9% increase in revenue to £1.3bn and a recovery in profitability in traditional UK merchanting business in the six months to June 30.
Grafton Group plc has reported a 9% increase in revenue to £1.3bn and a recovery in profitability in traditional UK merchanting business in the six months to June 30.
Persimmon says UK housing market remains confident
UK national housebuilder Persimmon plc has reported a 30% increase in first half pre-tax profits to £457.4m, describing the housing market as remaining “confident”.
UK national housebuilder Persimmon plc has reported a 30% increase in first half pre-tax profits to £457.4m, describing the housing market as remaining “confident”.
