Archives: November 2023

Demand remains firm for tropical hardwoods in North American markets

Despite a modest slowdown in new orders, the demand for tropical hardwoods remains robust in North American markets, particularly in [...]
November 3, 2023 Latest Trends

UPM Plywood’s Q3 performance in the red due to lower delivery volumes

UPM Plywood reported a decrease in comparable EBIT for Q3 2023 compared to both Q3 2022 and Q2 2023. Lower [...]
November 3, 2023 Latest Trends

Swedish sawmills have diversified their export markets over the past few years

Lumber trade has become more global over the past few decades with an increased flow of wood products from forest [...]
November 2, 2023 Latest Trends

EU’s forest initiatives should be re-evaluated, taking into account the replacement of Russian wood

EU's forest initiatives should be re-evaluated, the replacement of imported Russian wood should be taken into account in [...]
November 2, 2023 Latest Trends

Decline in imported log and sawnwood CIF prices

According to China Customs, between January and September 2023 CIF prices for logs and sawnwood imports declined year on year [...]
November 2, 2023 Latest Trends

West Fraser Q3 earnings: weak housing markets weigh heavily on wood products demand

West Fraser reported third-quarter results that came with few surprises as the company continues to navigate softening lumber demand [...]
November 2, 2023 Latest Trends

Global wood prices continue to fall

The global wood market is also going down steeply. The problems on other continents are almost the same as in [...]
November 1, 2023

ETTF GA: 2024 Outlook for the European wood markets is cautious but overall optimistic

The last ETTF General Assembly was held in Vienna on October 13. During this AGM, Nils Olaf Petersen, from GD [...]
November 1, 2023 Latest Trends

Low demand for softwood sawlogs in Germany

The demand for softwood sawlogs in Germany is differentiated: While domestic demand is restrained, exports are lively. Firewood is [...]
November 1, 2023 Latest Trends

BSW Timber receives green to build sawmill in Wales

BSW Timber recently received the green light from Powys County, Wales, for the establishment of Wales' inaugural "super" sawmill. Earlier [...]
November 1, 2023 Latest Trends