Latest Blogs on the Timber Industry & Trade Digitization

Global Lumber Market | June 19, 2023

The global lumber market is competitive and volatile. Factors such as economic conditions, population growth, urbanization, and consumer preferences all affect the global lumber market. Changes in any of these parameters can lead to demand fluctuations. In recent times, there has been a shift in the lumber market, and we are entering a phase of slowing demand and pricing.

Wood Show | February 10, 2023

The Dubai Wood Show 2023 is going to be an enriching experience with more than 10,000 attendees and 300 exhibitors, including wood suppliers, manufacturers, specialists and machinery companies from all over the world. Since 2005, it has been a leading destination for wood and woodworking professionals to encourage and promote the excellence of remarkable craftsmanship, achievements and innovations for both sectors.

Timber Exchange | December 5, 2022

Tobias Larsson is the newest addition to the Timber Exchange Board of Directors. The Board of Directors at Timber Exchange are a team of senior industry professionals sitting at the helm with several years of experience and expertise in industries including forestry, technology, & logistics.

Global Lumber Market | November 11, 2022

A few timber buyers and distributors are globally active with truly global agile supply chains. Most at best are competitive and established in one or two markets. Due to this reliance, movements or changes in exchange rates, natural disasters, legal frameworks, port strikes or forest fires might come in the way of fulfilling the transaction.

Global Lumber Market | November 4, 2022

It is common knowledge that many sawmills sell globally. Export sales to distant markets often use middlemen who act as a filter for information on how the market is performing. This means that exporters often have incomplete knowledge of the market, and that can put them at a disadvantage. To understand the risks associated with the industry & mitigate them to the best effect, one must first understand the situation.

Market Trend | October 28, 2022

The property sector of China makes up around a third of its total economic output ($18 trillion GDP). It includes brokering & rental services along with houses, industries that produce white goods for the apartments, and construction materials. Yet, it is critical to note that the Chinese economy has been declining for the past few years.

Lumber Futures | October 21, 2022

The unpredictable nature of lumber prices has given rise to confusion amongst buyers and sellers who have been forced to navigate their businesses amidst extreme volatility. Fortunately for traders, the Chicago Mercantile Exchange (CME) Group has recently launched updates to the lumber futures & options on a futures contract to reduce price volatility in the market.

Lumber Futures | October 7, 2022

Lumber futures can be defined as an option or obligation to buy or sell a specified quantity of lumber at a specific price at a pre-determined date in the future. A futures contract is a standardised derivative contract that gets its value from an underlying asset. This contract is between two parties who intend to buy or sell a specified amount of product at a specific time in the future. Lumber futures are traded at the CME (Chicago Mercantile Exchange).

Timber Exchange | September 30, 2022

Timber Exchange is a smart supply chain automation platform for the high-trust trade community of the global forestry industry. It aims to automate the most time-consuming processes like documentation, compliance, transparency, visibility, trade, & logistics, through four core pillars:

Timber Knowledge Base | September 23, 2022

Consumers buy wood products in DIY stores and furniture. Being able to trace the wood’s origin is becoming of increasing importance for consumers. Previously this was difficult or near impossible on an item-by-item basis, but technology is enabling this, allowing consumers to track the journey of a piece of wood throughout the global supply chain.