Archives: 2022

B.C. forestry giants invested $6billion in foreign assets in 2021

    Canfor Corporation has ended 2021 with another investment outside of B.C. – bringing the total investment [...]

UK faces softwood overstocking and falling prices

      As imports continued to pile into the UK through September and October, the on [...]

Segezha plans to quadruple CLT output in four years

    Segezha Group plans to quadruple production of CLT products by 2026. With the expansion of production [...]

Swedish JGA to expand sawn timber production capacity at Linneryd sawmill

The Swedish privately owned sawmill company JG Anderssson och Söner AB (JGA), based in Linneryd in Småland, is [...]

China’s demand for softwood logs expected to be reduced in Q1/2022

Softwood inventory levels in China have dropped slightly to 4.5mln m3 and daily offtake remains steady at 75k per [...]

Strikes shut down UPM plants in Finland

  Some 3,000 workers at Finnish forestry group UPM went on strike on Saturday, shutting plants, the company [...]

Ikea is hiking its prices due to supply chain crisis

   Ikea is raising its prices by 9% on average due to supply chain challenges.   An Ikea [...]

European, US demand for wood products boosted global lumber trade in 2021

    Last year, the strong demand for wood products in Europe and North America has increased lumber [...]

Slowdown in China’s softwood log consumption indicates market correction

Demand for softwood logs in China remained favorable during the third quarter (Q3) of the year, despite seasonally lower consumption [...]

Finland: Fall in roundwood prices

    Finland's spruce logs reached an average price of EUR 64.9 per cubic metre in [...]