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Latest Industry insight Update

TTJ Regular Softwood Update
19 July, 2018
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.
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Over 500 delegates attend NMBS All-Industry Conference
Monday, June 25, 2018 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
Monday, June 25, 2018 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
Wednesday, June 20, 2018 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
Tuesday, June 12, 2018 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
Monday, June 11, 2018 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
Friday, June 08, 2018 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
Friday, May 18, 2018 Timber prices in the UK have soared by almost 30% in a year, according to newly-released figures.
BWF welcomes Hackitt Review
Thursday, May 17, 2018 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
Monday, May 14, 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
Monday, April 23, 2018 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
Friday, April 20, 2018 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
Tuesday, March 13, 2018 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
Monday, March 12, 2018 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
Tuesday, February 06, 2018 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
Tuesday, December 19, 2017 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
Thursday, November 23, 2017 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
Tuesday, November 21, 2017 The Timber Trade Federation (TTF) is predicting a slowdown in the UK’s softwood imports for 2018.
Grafton reports positive first half
Thursday, August 31, 2017 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
Thursday, August 24, 2017 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”.

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