Archives: 2023

Resolute temporarily closes four sawmills due to wildfires

Resolute Forest Products has temporarily shut four Quebec sawmills due to nearby fires and a related log shortage, Resolute Vice [...]
June 14, 2023 Latest Trends

Western Forest Products to curtail production in BC due to weak market

Western Forest Products announced plans to temporarily reduce its lumber production over the next month by approximately 19 million board [...]
June 14, 2023 Latest Trends

AI and IoT could be future game changers for the forestry industry

Open sharing of information about forests is of great importance in order to protect the climate and preserve biodiversity. Currently [...]
June 13, 2023 Latest Trends

Canadian wildfires trigger concerns of lumber price surge and supply shortage

Lumber futures have increased to a 7-week high of $513 per thousand feet mark, due to massive wildfires in [...]
June 13, 2023

China: Fall in CIF prices for softwood lumber imports

According to Chinese customs statistics, total lumber imports in the first quarter of 2023 amounted to 6.522 million cubic [...]
June 13, 2023 Latest Trends

Conflict timber alert in the UK originating from Russia and Belarus

The issue of illegal imports of conflict timber from Russia and Belarus has prompted the timber industries association of the [...]
June 13, 2023 Latest Trends

War in Ukraine causing lingering effects in Nordic wood markets

The most significant change in trade flow in Europe over the past few years has been the dramatic decline in [...]
June 8, 2023 Latest Trends

Finnish sawmills face sluggish demand, decreased exports, and falling prices this year

The demand for Finland's forest industry products on the world market will remain sluggish this year, which can be [...]
June 8, 2023 Latest Trends

Western companies are moving away production from China

Companies from the West are increasingly focusing on diversifying their manufacturing operations away from China, adopting a strategy known as [...]
June 8, 2023 Latest Trends

Wood pellet price level still high in Germany

The price for wood pellets rose slightly in May 2023 compared to the previous month by 2.4% to EUR [...]
June 8, 2023 Latest Trends