Archives: November 2023

Why the end of war in Ukraine could mean a revival of the European wood market?

The availability and prices of building materials and wood are currently at a low level, but the end of the [...]
November 9, 2023

German timber construction defies the lull in new construction

German timber construction is holding tight in a difficult environment. The members of the Holzbau Deutschland specialist meeting, which [...]
November 9, 2023 Latest Trends

Stora Enso: Wood trade is brisk at the end of the year

Stora Enso informs us that wood sales will continue in full swing for the rest of the year until the [...]
November 9, 2023 Latest Trends

Homag cuts 600 jobs as order intake falls 32%

 Between January and September 2023, the HOMAG Group's order intake fell by 32% to €968 million. In terms [...]
November 9, 2023 Latest Trends

US housing demand expected push lumber prices higher in 2024

Lumber prices have somewhat stabilized this year after years of unusual volatility during the pandemic, making it easier for B [...]
November 7, 2023 Latest Trends

Canadian big 3 lumber giants continue face softening lumber demand and lower prices

Canadian lumber industry's first 3 major players, Interfor Corporation, West Fraser, and Canfor Corp., continue to grapple with a [...]
November 7, 2023 Latest Trends

UK timber imports saw steady growth heading into Q3

July was the second consecutive month that UK timber imports were higher than in 2022. Import volumes across all [...]
November 7, 2023 Latest Trends

Large sawmill to close down in Finland

The forest company MM Kotkamills is closing down its sawmill operations in Kotka, Finland and laying off 64 employees from [...]
November 7, 2023 Latest Trends

Consistent log demand in China counterbalanced by unusually low inventory levels

Log demand in China remains steady and log inventory is at extremely low levels. However, the log buyers are not [...]
November 3, 2023 Latest Trends

Vietnamese wood processors awaiting market recovery

Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs and slow VAT tax refunds [...]
November 3, 2023 Latest Trends