Archives: 2023

Japanese companies target carbon credits with forestry fund in N. America

A cross-sector group of Japanese companies has invested in a forestry fund created by Japan's Sumitomo Forestry, aimed [...]
July 12, 2023 Latest Trends

Wood prices in Finland expected to fall by the end of the year

The beginning of the year in Finland's wood market was quite busy. The prices of wood have also increased [...]
July 12, 2023 Latest Trends

European softwood lumber production expected to fall by 4% in 2023

Softwood lumber production in European countries has been growing for a number of years. A production peak was achieved in [...]
July 7, 2023 Latest Trends

PGS Group expands into Dutch market with Den Doelder Pallets acquisition

PGS Group has announced its acquisition of Den Doelder Pallets, a Dutch company. According to the company, this acquisition [...]
July 7, 2023 Latest Trends

Koskisen starts sawn timber production at new processing unit

Koskisen’s new processing unit starts functioning from the beginning of July. The full working capability of the new production [...]
July 7, 2023 Latest Trends

South American softwood lumber exports struggle with European expansion on global markets

Softwood lumber exports from South America plummeted deeper in the first quarter in the wake of a steep plunge in [...]
July 6, 2023 Latest Trends

N. American lumber prices rally as market concerned by supply issues

While supply chain disruptions arising from wildfires were not the primary driver behind June's bullish sentiment for softwood, the [...]
July 6, 2023 Latest Trends

New Zealand: Log export recovery expected, but hard to predict

Log harvest volumes in New Zealand are being cut back sharply as both export and domestic demand soften. Prices are [...]
July 6, 2023 Latest Trends

Poland’s timber industry: prospects for 2023-2024

After two years of good economic situation, Polish wood processors are facing weakening demand and intensified cost pressure, resulting not [...]
July 6, 2023 Latest Trends

Europe’s softwood lumber market faces mixed prospects amidst global uncertainties

The situation on the European softwood lumber market remains mixed, as various factors continue to impact supply and demand. One [...]
July 5, 2023 Latest Trends