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2024 presidential election to affect US supply chains
The initial months of 2024 have seen disruptions in U.S. supply chains due to global factors, compounded by the ongoing presidential election year.
With the 60th quadrennial p...
Posted: 11th Apr 2024
Why we’re running rings around traditional practices
The timber industry is one of the most volatile markets there is with stock and prices changing on a daily basis.
As a timber buyer, keeping on top of these fluctuations ca...
Posted: 11th Apr 2024
February sees a 4% surge in US home listings, the biggest year-over-year growth
Existing home listings grew by 3.8% in February compared to the previous month.
Year-over-year, new listings saw a substantial increase of 14.8%, marking the largest gain sinc...
Posted: 3rd Apr 2024
UK inflation eases to 3% in February, the lowest in 2.5 years
Britain’s annual inflation rate dropped more than expected in February, leading to speculation about potential interest rate cuts by the Bank of England soon.
In Februar...
Posted: 24th Mar 2024
UK housing market set for surge as firms grow land banks
More deals are expected in the UK housing sector this year as homebuilders seek to expand their land holdings in anticipation of a market recovery.
British homebuilders faced ...
Posted: 14th Mar 2024
Egypt unveils $35 billion investment along Mediterranean coastline
Egypt has partnered with the UAE to develop its Mediterranean coast, bringing $35 billion in investments.
The deal involves ADQ, an Abu Dhabi-based sovereign fund, focusing on...
Posted: 8th Mar 2024
Over 350 Members have now joined WoodScanner
WoodScanner is very happy to announce that we have over 350 Merchant Members signed up as part of our growing community – all looking for sellers like you!
We welcome t...
Posted: 1st Mar 2024
Panama Canal crushed global timber amid Red Sea tensions
Severe drought conditions have led to the potential closure of the Panama Canal, impacting global shipping routes significantly.
China, a prominent supplier of plywood, has di...
Posted: 23rd Feb 2024
German Sawmill Association welcomes funding
The German Sawmill and Wood Industry Association (DeSH) welcomes the revival of a funding program for the German house construction sector.
DeSH criticizes the program for lac...
Posted: 17th Feb 2024
Saudi Arabia's Vision 2030's infrastructure projects hit $1.1 trillion in value
The total value of the real estate and infrastructure projects since the start of Saudi Arabia’s Vision 2030 plan in 2016, crossed $1.1 trillion.
The Kingdom is expecting o...
Posted: 12th Feb 2024
UK softwood traders face rising demand and reduced supply in Q1/2024
As the New Year began, many areas of the UK were deluged with incessant rain and flooding, leaving building sites both large and small virtually abandoned. With footings under...
Posted: 24th Jan 2024
Global wood market to hit $903 billion by 2026
The global wood industry will grow in the next few years as the market is expected to hit $903 billion in 2026, registering a compound annual growth rate (CAGR) of 7.2%...
Posted: 16th Jan 2024