Archives: November 2023

Timber investor Manulife raises more than $200 million to buy forests for carbon

Manulife Investment Management, one of the largest timberland owners in the US has successfully raised $224.5 million for its [...]
November 15, 2023 Latest Trends

Challenges in 2023 for the hardwood lumber exports

US foreign trade of hardwood lumber has declined sharply in 2023. Exporters have struggled to compete on price against alternative [...]
November 15, 2023 Latest Trends

Russian sawmills experience an off-season sawlog shortage; prices in the rise

There were active price negotiations on the Rssiaun sawlog market in October. All sawmills, both small and large, feel the [...]
November 15, 2023 Latest Trends

Weaker global lumber markets have resulted in lower sawlog prices

Weaker lumber markets have resulted in lower sawlog prices worldwide. The Global Sawlog Prices Index (GSPI) fell 1.6 [...]
November 14, 2023 Latest Trends

Raute receives biggest order in history from Metsä Group

Raute Corporation has signed a contract worth Euro 93 million with Metsä Wood, part of Metsä Group, for the technology [...]
November 14, 2023 Latest Trends

World’s largest wood pellet producer in jeopardy

A financial crisis has enveloped Enviva, the Maryland-based company that’s been harvesting large swaths of forest in the [...]
November 14, 2023 Latest Trends

Sweden: Stocks of sawlogs at the lowest level in ten years

Unusually low stocks of softwood sawlogs were reported on 30 September, marking a significant drop to 2.1 million m3 [...]
November 14, 2023 Latest Trends

Latvia’s sawmill industry in crisis: competitiveness undermined by high sawlog prices

Latvian manufacturers of softwood lumber encountered a significant drop in product demand and, consequently, in prices in the European and [...]
November 10, 2023 Latest Trends

Swedish forest industry stands strong in a declining global economy

The Swedish forest industry is increasingly affected by a deteriorating world economy. In the pulp and paper market, the export [...]
November 10, 2023 Latest Trends

New study examines the effects of the EUDR on the wood sector

The EU Deforestation-Free Supply Chain Regulation (EUDR) will soon replace the EU Timber Trade Regulation (EUTR). A study by [...]
November 10, 2023 Latest Trends