Archives: 2023

Lumber prices in Estonia drop to lowest in years

Over the past year, lumber prices in Estonia have halved. Toomas Tauk, managing director of lumber retailer Puumarket, said [...]
December 29, 2023 Latest Trends

Poland’s wood industry has problems; decrease in profitability

Poland's wood industry is currently facing a significant drop in profitability. In the third quarter of 2023, the sawmill [...]
December 29, 2023 Latest Trends

Current trends in the US wood-based panel industry

High interest rates have been a factor weighing on the US housing market, a key sector for the North American [...]
December 29, 2023 Latest Trends

New Fed monetary policy could push U.S. lumber demand and prices higher

Nearby January physical lumber futures were at $539 per 1,000 board feet on November 17. On December 22, the [...]
December 28, 2023 Latest Trends

Finland: Log prices slightly up in November

The average price paid for spruce logs in  November standing sales in Finland was EUR 70.2 per cubic meter [...]
December 28, 2023 Latest Trends

Stora Enso completes sale of its Näpi sawmill to Estonian wood industry company

  The Estonian wood industry company Puidukoda announced that it has completed the purchase of the Stora Enso N [...]
December 28, 2023 Latest Trends

Kronospan completes acquisition of Louisiana particleboard plant from Roseburg

Kronospan has closed the purchase of Roseburg’s Simsboro, Louisiana, particleboard facility following the expiration of the required regulatory review [...]
December 28, 2023 Latest Trends

Wood prices could rise significantly in 2024 – the US wood market is showing positive momentum

Wood prices on the North American market, which is important for the global market, recovered at the end of the [...]
December 22, 2023

Will Ikea withdraw from Poland? Loss of FSC certification causes competitiveness problems

Poland's State forests did not reach an agreement with FSC, to the detriment of furniture production. Ikea has 16 [...]
December 22, 2023 Latest Trends

Egger Group reports stable business development despite challenges

The Egger Group, headquartered in St. Johann in Tirol (AT), concluded the initial half of its 2023/2024 financial year [...]
December 22, 2023 Latest Trends