Archives: 2022

Timber from Russia and Belarus considered ‘conflict timber’ by PEFC

All timber originating from Russia and Belarus is ‘conflict timber’ and therefore cannot be used in PEFC-certified products, the [...]

EU’s deforestation-free regulatory proposal sparks intense debate

Intense negotiations are ongoing as the draft EU law on "deforestation-free" and "forest degradation-free" products, published by the [...]

Wood likely to become scarce due to war in Ukraine and EU sanctions

    Last week, the EU announced sanctions restricting trade with Russia and Belarus. The trade in wood [...]

US lumber price sits near last year record high

A 50% technical retracement of the move from the May 2021 high to the August low is $1,099.60 [...]

Russia’s war on Ukraine could triple ocean shipping rates

    Russia's invasion into Ukraine is likely to send ocean and air shipping rates skyrocketing at [...]

UPM and Metsä Group hit pause in Russia

    UPM will cease its deliveries to Russia for the time being.    While [...]

IKEA ceases operations in Russia and Belarus

IKEA has decided to temporarily pause operations in Russia. This means that: Inter IKEA Group has taken the decision to [...]

Ukraine war and its effect on European timber imports

    In what feels like a return to the dark days of the Cold War, the ongoing [...]

Canfor expects strong N. American and European lumber markets

Canfor Corp. said on Tuesday it expects North American and European lumber market fundamentals to remain strong in the first [...]

EU to ban wood, lumber imports from Belarus

    The European Union has banned most imports from Belarus over its involvement in Russia's invasion [...]