Archives: January 2021

Vietnam’s wood exports in line to hit another record in 2020

Vietnam's wood export turnover this year is expected to reach a record high of nearly US$12.5 billion [...]

HS Timber Group builds EUR 84 million sawmill in Belarus

HS Timber Group (former Holzindustrie Schweighofer) is expanding its portfolio by building a modern sawmill in Svisloch, the Grodno region [...]

Stora Enso sells forest assets in Sweden

As part of its forest land optimization, Stora Enso has signed an agreement to divest forest assets located in southern [...]

China: Timber enterprises cut or cease production due to air pollution

An orange alert for heavy air pollution has been issued in Lanshan District of Linyi City, Shandong Province and an [...]

China running out of softwood logs

Softwood log inventory in China has dropped by approximately 14% over the last month to 3.0-3.2m m3 [...]

Central Europe: Strong demand for sawn timber causes rise in roundwood prices

The strong local and global demand for sawn timber in Germany, Austria and Switzerland (DACH) is largely responsible for the [...]

UK to implement post-Brexit Tariff Schedule on wood products

Starting 1st January the UK has implemented a new “Global Tariff” regime which closely mirrors the existing EU tariff regime [...]

IKEA plans to enter Indian wood market delayed

IKEA India’s plans to enter in the wood market have been delayed because of the Covid-19 pandemic.  [...]

African tropical timber in rising demand but prices easing

As businesses in importing countries adapt to working with the coronavirus risk trade has started to revive and some FOB [...]