Pandemic weighs heavily on sector but its not all doom and gloom

April 24, 2020
Category: Today's Takeaway

The pandemic is weighing heavily on the forest sector—per the early Q1 reports—but it’s not all doom and gloom. Here are some of the headlines:

  • Canfor warns pandemic will ‘weigh heavily’ on results 
  • Arauco to permanently close South Carolina MDF plant
  • China trade the lifeblood of New Zealand’s economy
  • Stora Enso’s sales decreased by 16.2%, Södra is down 12%

In related news: new health rules for forestry are coming to BC; and the Dubai Woodshow and US Private Forest Landowners join our long list of cancelled or rescheduled forestry events. Meanwhile: Madison’s and Forest2Market on falling lumber prices; FEA on continued dealer-order strength and NAHB on declining housing starts.

In other news: the US Forest Service links biomass with forest restoration; Stand.earth takes issue with BC’s wood pellet industry; and Indonesia forest fires add toxic haze to COVID-19 respiratory woes.

Finally, is isolation getting you down? Maybe you need the Tree Frog ICU. 

Kelly McCloskey, Tree Frog Editor

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