Archives: 2023

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

What limits the export of Russian lumber to India?

According to the timber industry holding Segezha Group, the reason for the development of export supplies of lumber from Russia [...]
November 1, 2023 Latest Trends

Bergs Timber receives public takeover offer from Norvik

Norvik hf, through its subsidiary Kivron AB, has publicly announced a takeover offer for Bergs Timber AB at SEK 44 [...]
October 31, 2023 Latest Trends

Pine and spruce log prices continue to decrease in Germany

Germany's timber market is witnessing a sustained decline in the prices of pine and spruce logs, as evidenced by [...]
October 31, 2023 Latest Trends

Weyerhaeuser profit falls as wood products sales fall

U.S. timber giant Weyerhaeuser reported a fall in third-quarter profit on Thursday, hurt by lower sales of its [...]
October 31, 2023 Latest Trends

Homag plans production capacity adjustments

In response to a significant decrease in order intake at Homag, coupled with reduced gross margins in new business and [...]
October 31, 2023 Latest Trends