Archives: May 2023

LIGNA closes with 80,000 visitors during its 5-day run

Over its five-day run, from May 15 to 19, LIGNA 2023 featured a plethora of innovations, inspiration and networking [...]
May 23, 2023 Latest Trends

Conifex to curtail its Mackenzie sawmill for one month

Conifex Timber Inc. announced that it has made the difficult decision to take unscheduled downtime for four weeks at its [...]
May 23, 2023 Latest Trends

Estonian wood industry thrives despite difficult times

Despite the difficult times, the Estonian wood industry showed a strong economic result in the first quarter of 2023. In [...]
May 19, 2023 Latest Trends

China officially ends import ban on Australian timber

China has lifted an import ban on Australian timber, Beijing's ambassador said Thursday, hailing warming ties between the two [...]
May 19, 2023 Latest Trends

Lumber price decline and reduced DIY spending impact Home Depot sales

Lumber prices under pressure contributed to Home Depot missing quarterly sales expectations, leading to the home improvement retailer's shares [...]
May 19, 2023 Latest Trends

Austria: Softwood log prices fall sharply in May

Continued sluggish sales of sawn timber, sawn timber storage reaching capacity limits resulting into a reduction in sawing capacity lead [...]
May 19, 2023 Latest Trends

Asia’s share of global wood pellet imports hits record

Worldwide trade of wood pellets remained practically unchanged y-o-y at about 29 million tons in 2022. This year [...]
May 19, 2023 Latest Trends

EU Council approves EUDR

The Council of the European Union officially approved a regulation aimed at mitigating the risk of deforestation and forest degradation [...]
May 19, 2023 Latest Trends

Continuous decline in China’s CIF prices for log imports

CIF prices for China's softwood logs, hardwood logs and tropical log imports fell 12%, 16%, 12% and 20% in [...]
May 17, 2023 Latest Trends

Subdued mood amongst hardwood traders at Interzum

The general mood of hardwood traders attending the Interzum 2023 show in Cologne 9 to 12 May was that the [...]
May 17, 2023 Latest Trends