In November 2017 compared with October 2017, seasonally adjusted production in the construction sector increased by 0.5% in the euro area (EA19) and by 0.6% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In October 2017, production in construct

Demand for imported teak logs remains steady but not firm enough for wholesalers to achieve a price increase. Difficulties with the minimum prices set by Customs continue and efforts are on-going with the Ministry of Finance to have this resolved.Analysts write that since the GST was introduced Cust

According to preliminary figures processed by the Acimall Studies office, 2017 has closed at 2.3 billion euro, with 11.6% production increase compared to the previous year, while export grew by 7.1%.The most significant increase was achieved in the domestic market (+13%), while the Italian trade ba

Indonesian wood product exports rose slightly above 1% in 2017, according to Rufi'ie, Director of the Indonesian Forest Product Processing and Marketing in the Ministry of Environment and Forestry. However, he pointed out that in terms of tonnage 2017 exports dropped.Despite this sobering news timbe

A year-on-year growth of 7.5% was recorded in investments in Chinese real estate from January to November 2017, however the pace of growth slowed. Investments in residential buildings grew by about 10% over the same period of 2016.In the first eleven months of 2016 the land area purchased by the rea

Prices paid for OSB (-13.0%), softwood lumber (-1.0%), and inputs to residential construction (-0.1%), all decreased in December, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The index for gypsum products advanced (+1.6%).Over the course of 2017, the

Last year, members of the European Producers of Laminate Flooring (EPLF) reported stable sales of laminated flooring produced in Europe. Sales reached 477 million m2, on par with the previous year (2016: 477 million m2). Deliveries to Western Europe were lower during 2017, meanwhile Asia recorded on

Brazilian exports generated by the planted forest sector hit US$7.7 billion in the first ten months of last year, a 11.4% rise compared to 2016. The impact of the sector on the trade balance was positive at US$ 6.8 billion, an increase of 13% year on year. In the first eleven months of 2017, Brazil'

With the new EU-Vietnam Free Trade Agreement (EVFTA), experts predict that about $1 billion worth of timber will be exported to the EU every year by 2020.Nguyễn Tôn Quyền, vice-chairman and general secretary of the Vietnam Timber and Forest Association, said that, for many years, the export value of

The newly enacted tax law will create a more favourable tax climate for the business community, which should spur job and economic growth and keep single-family housing production on a gradual upward trajectory in 2018, according to economists speaking at the NAHB International Builders' Show in Orl