Wood prices collapse drastically in Germany – market completely out of joint
Wood prices in Germany fall drastically. Sales falter. The market is out of joint. Many sawmills only pay mixed [...]
July 27, 2023
Bergs Timber to close a sawmill in Estonia
Bergs Timber decided to close the sawmill in Estonia that is operated in the subsidiary Laesti. The background is weak [...]
July 27, 2023
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Capacity will continue to be reduced, says UPM’s CEO
The scarcity of raw wood affects the plans of forest companies more and more concretely. According to UPM's [...]
July 27, 2023
Latest Trends
New Zealand’s timber market highly impacted by China’s lack of demand
In the wake of a significant export market crash just a month ago, the New Zealand timber industry found itself [...]
July 27, 2023
Latest Trends
Latvia’s wood product exports falling rapidly as prices cool
Latvia's wood product exports have fallen by more than 20% in the first five months of the year, and [...]
July 25, 2023
Latest Trends
China’s sawn timber imports rise 11% in the first half
In the first half of this year, China's imports of logs fell by 9.3% year-on-year to [...]
July 25, 2023
Latest Trends
Stora Enso’s sawmill division posts 26% fall H1/2023
Stora Enso achieved sales of almost EUR 5.1 billion in the first half of the year, 13% less than [...]
July 25, 2023
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Kronospan to invest EUR 20 million in logistics center near Kyiv amid war challenges
Kronospan Group, which has woodworking enterprises Kronospan UA (Volyn region) and Kronospan Rivne (Rivne region) in Ukraine, has invested more [...]
July 25, 2023
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Vietnam’s hardwood plywood classified as Chinese product, facing higher duties
The U.S. Department of Commerce issued its final determination that hardwood plywood exported from Vietnam using hardwood plywood inputs [...]
July 25, 2023
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North American lumber market starts improving after bad H1/2023
The sluggish North America lumber market finally started to improve in late June and into July. The one driver that [...]
July 20, 2023
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