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Timber Exchange is your modern digital trade partner, dedicated to simplifying global high-volume supply chains in the forestry industry. We offer innovative solutions to eliminate bottlenecks in daily operations, including tracking global markets, automating B2B customer service, and providing on-demand industrial services for shipping documents and trade finance. Our commitment to modern supply chain technologies translates into increased customer satisfaction.

Entries in this blog

Timber News

US Prices Remain High, Affecting Home Construction Costs

Even though lumber prices have significantly decreased from their historic highs in 2021, construction costs in the United States still remain quite high, posing challenges for home affordability and the broader US housing market.   Unusual price increases for timber in 2021 May took it to a record $1,711 per thousand board feet. Disruptions to the supply chain, a rise in housing demand, and other pandemic-related factors combined to cause this spike. The average cost of timber has signifi
Timber News

IMF Approves $820 Million for Egypt for Economic Recovery

The 3rd assessment conducted under the Extended Arrangement of the Extended Fund Facility (EFF) for Egypt was concluded by the IMF Executive Board on July 29, 2024. As a result of this permission, Egypt can obtain approximately US$820 million (SDR 618.1 million).   The latest efforts by the Egyptian government to bring macroeconomic stability back are beginning to show promise. Although inflation is still high, it is progressively falling. Upholding a flexible exchange rate regime remains
Timber News

Global Timber Market Change as China Lifts Timber Ban on Australia

The Challenges Faced by Australia The growing intensity of global competition is prompting a reevaluation of log standards in Australia. Historically, a significant portion of the pine logs exported to China were of a quality similar to the “pulp log” material — less valued by Australian sawmills but sufficient for the demands of the export market. This dynamic is set to change as domestic competition for small-diameter logs intensifies, driven by a tightening of log supply within Australia
Timber News

China Cuts Interest Rates to Boost Struggling Economy

China shocked investors by lowering key short- and long-term interest rates, which was a significant move and its first since August of last year (2023). This move indicates a desire to accelerate economic growth in the second-biggest economy in the world.   The benchmark bank lending rates, market operations rates, and the central bank's primary short-term policy rate are all impacted by the changes. This action comes after a leadership plenum that occurs typically every five years and s
Timber News

US Lumber Prices Remain Flat due to Balanced Supply & Demand

In the volatile commodities market, the stability of US lumber prices is a breath of fresh air for timber industry stakeholders. When we examine the supply and demand dynamics that have resulted in this equilibrium, it is important to highlight that the market has remained resilient during a time when demand is normally declining. The most recent data tells a complex story of marginal increments and significant historical shifts. In this blog, we’ll explore the current state of the US lumbe
Timber News

Sweden Sees Inflation Dip to 3-Year Low

On June 24, there was a noticeable drop in Sweden's underlying inflation, which would have made it possible for the Riksbank to keep cutting interest rates.   According to a statistics office statement, the core inflation rate, which does not include energy costs or the effect of interest rate fluctuations, dropped to 2.3% in June. This rate is below the central bank's prediction of 2.5% and is the lowest since December 2021.   The information validates the Riksbank's assessment th
Timber News

Is the Global Timber Market Headed for a Rebound or Downswing?

The global timber market is seeing significant changes, with various factors affecting supply, demand, and prices. Keeping up with these developments is vital for effective planning and risk management. Here are the key updates:   -Austria: Austria's softwood sawlog prices have remained stable in July despite restrained market opportunities due to a significant decline in private house construction. Additionally, the price for imported Nordic timber has started increasing.   -Canad


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