Timber Update June 2021

15th Jun 2021

Timber Update June 2021

Industry Update

  • A recent Homebuilding and Renovating website article reported that construction material shortages, including steel and timber, are likely to continue into the summer.
  • According to a BBC News article, the average UK house price soared by 10.2% over the past year, the highest annual growth rate for 14 years. The Office for National Statistics (ONS) said average house prices rose by £24,000 to £256,000 - a new record high.

To read the full BBC news article, click here.

118574617 optimised ons houseprice nc 002

Market Update

  • Global Wood Markets Info (GWMI) reported on the ongoing review of lumber tariffs from Canada. Their article stated that the U.S. Department of Commerce issued its preliminary determination in the second administrative review of Canadian softwood lumber imports, and if finalised, would result in tariffs being doubled from 8.99% to 18.32%.
  • The US Random Length Lumber price fell back to $1,220 from its all-time high of $1,670 last month.
  • In a recent article, the Timber Trade Federation (TTF) has advised that Q3 2021 will be the biggest challenge the structural wood sector has faced yet. In the article the TTF explains its assessment and suggests actions for the industry going forward.

To read the full TTF article, click here.

Product Update

Full pallets of the following Wessex engineered flooring are available for delivery:

  • 20mm thick, 6mm Oak wear layer on a Birch ply - rustic grade and FSC® certified
  • Wessex 20 x 180mm oiled
  • Wessex 20 x 180mm unfinished

Other sizes and finishes are available, including herringbone blocks, 220mm planks and our Cathedral finish.

To see our flooring ranges, click here.

Flooring Collage

Fun Fact!

Did you know the world’s tallest timber-framed building currently stands at 85.4m tall (18 floors)?

Completed in March 2019, the Mjøsa Tower in Norway is made with glue-laminated timber (glulam) columns and beams comprising the load-bearing structure. Prefabricated wooden elements make up the first ten floors, which meant that construction was completed significantly quicker than a concrete building of the same height. The building was designed to keep the environmental impact of construction as low as possible, with most of the materials sourced within two miles of the site.

To read more about the world's tallest wooden buildings, click here.

Mjøstårnet 13 Woodify v2

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