Archives: July 2020

Chinese flooring giant to invest big in US

Chinese flooring manufacturing giant Create Flooring Solutions (CFL) will invest $70 million in a new 252,000-square-foot manufacturing [...]

Interruption of Chinese plywood supply to Europe

    On supply, some interruption was reported out of Indonesia and Malaysia due to the lockdown; some [...]

Malaysian timber companies facing the pandemic

A recently released report details the upheavals experienced by the timber industry during the Movement Control Order (MCO) first implemented [...]

Impact on wood markets of the European bark beetle crisis

  Between 2017 and 2019, over 270 million m3 of standing timber in Central Europe was damaged by a [...]

Sweden and Germany expand softwood lumber exports to China

    Despite the ongoing pandemic and the lockdowns which have slowed trade in many European countries, EU [...]

Global timber trade impacted by rising ocean freight rates

The latest maritime analysis report shows that the World Container Index has increased by 8.8%, or US$151, to [...]

Finland: Prices of logs on a downward trend

    In May, the average stumpage price for pine logs was EUR 53.9 per cubic metre [...]

Setra to invest in a new planing mill in Sweden

Swedish wood products company Setra is expanding its range of construction timber with a major investment in new planed products [...]

UK imports of wood pellets hit record monthly high

The UK's wood pellet imports hit a new April high earlier this year, as biomass-fired generation took a [...]

Russia’s logs and lumber exports fall sharply in Jan.-Apr.

    During January-April 2020 Russia’s export of lumber exports reached made 5.7 million tons [...]