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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...
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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 ...
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14th 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...
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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...
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23rd Feb 2024
Lower container volumes at Port of Liverpool
The Port of Liverpool is set to cut 125 dock workers’ positions due to a notable decline in container volumes. Peel Ports, the port’s operator, expressed regret ov...
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13th Dec 2023
China's plywood exports drop by 9% in H1 2023
During H1 2023, China’s plywood exports amounted to 5.13 million m³, with a total value of $2.368 billion, a drop of 9% in volume, and a 20% drop in value compared to 2...
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1st Dec 2023
HMS Victory is not all OAK
As one of the most famous warships in the world under Admiral Lord Nelson’s command at the Battle of Trafalgar in 1805, HMS Victory secured its place in the history bo...
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25th Nov 2023
Russia's Timber Industry in Crisis
📉 Market Downturn: Once the dominant player in the global softwood market, Russia’s timber industry is now grappling with significant challenges exacerbated by the Uk...
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24th Nov 2023
Robust 5% Q3 growth in US economy defies recession predictions
The US economy demonstrated robust growth of 4.9% in the third quarter, defying challenges like inflation and rising interest rates. This growth in Q3 was the fastest in almos...
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1st Nov 2023
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