Archives: February 2023

China could wind back sanctions on Australian timber exports

China is preparing to wind back restrictions on Australian timber and other products under the latest phase of what insiders [...]
February 15, 2023 Latest Trends

Interfor reports Q4/2022 results

Interfor Corporation recorded a net loss in Q4 2022 of $72.2 million, or $1.40 per share compared to [...]

Prospects for the global lumber markets remain low this year

A severe recession in 2022 replaced the COVID-19 pandemic in 2020 and 2021 as the main force disrupting trade [...]

Exports of Russian lumber fall 25% in 2022 due to sanctions

Sanctions on timber imports introduced mainly by the European Union, the USA and Japan as a result of Russia's [...]
February 14, 2023 Latest Trends

Swedish lumber export prices continue to fall

In December 2022, for the 6th month in a row, Swedish lumber export prices continued to fall: -3.9% compared [...]
February 14, 2023 Latest Trends / Wood Industry Prices

Lumin invests US$136 million in a new plywood mill in Uruguay

Lumin will invest ~US$ 136 million to build its third industrial plant in Uruguay, which is expected to increase the [...]

Latvijas Finieris receives €39 million loan from EIB

The European Investment Bank (EIB) has provided €39 million in financing to Latvijas Finieris Group for investments in research and [...]

Market improvement could come in spring, says Sweden’s Bergs

Swedish wood products manufacturer Bergs says 2022 was a decent year despite the weak timber market in the final six [...]
February 10, 2023 Latest Trends

US lumber prices start year up 19%, what evolutions to expect this year

As the price of lumber raced up to over $1,500 per thousand board feet in the spring of 2021 [...]
February 10, 2023 Latest Trends

Germany, Austria and Switzerland sawmill industries discuss current challenges in Europe

Representatives of the sawmill and timber industry from Germany, Austria and Switzerland met on February 1st in the House of [...]
February 10, 2023 Latest Trends