Archives: 2023

Slow renovation and construction significantly impacts European parquet consumption

The slowing down of renovation and new construction significantly impacted the European parquet consumption during the first quarter 2023.  [...]
May 4, 2023 Latest Trends

Russian plywood mills may be forced to stop production due to resin shortage

A number of Russian plywood producers may stop production or significantly raise prices for products, Kommersant reports . This situation on [...]
May 4, 2023 Latest Trends

Sinclar curtails lumber production amidst poor market conditions

Sinclar Group Forest Products Ltd. has announced its curtailing its lumber operations at Apollo Forest Products in Fort St. James [...]
May 4, 2023 Latest Trends

US lumber prices fall toward multi-year lows on low housing market

US lumber prices fell toward multi-year lows on Thursday, falling 4% to $382 per thousand board feet as the [...]
May 2, 2023 Latest Trends

France braces for difficult year in domestic wood market amid economic challenges

The situation looks "less favorable" for France's wood market this year, due to a more difficult economic environment, warned [...]
May 2, 2023 Latest Trends

Metsä Wood to deliver LVL products for Modvion’s wooden wind turbine towers

Swedish wood technology company, Modvion, and the Finnish wood product company, Metsä Wood, have agreed to supply laminated veneer lumber [...]
May 2, 2023 Latest Trends

Russian timber prices expected to rise due to transport restrictions and sanctions

Recently, the Russian Ministry of Industry and Trade pointed out that prices for Russian wood and processed finished products, including [...]
May 2, 2023 Latest Trends

UPM Plywood to restructure its organization and scale its operations

UPM Plywood is planning an organizational reform and adaptation of operations to reflect the reduced production capacity and the weakening [...]
April 29, 2023 Latest Trends

China: Timber imports fall in Q1/2023; prices follow the trend

In the first quarter of this year, China's total timber imports reached 15.8 million m3, Slightly lower than [...]
April 27, 2023 Latest Trends

Lithuanian UAB Juodeliai invests in expansion of production facility in Marijampolė

The Lithuanian wood processing company UAB Juodeliai plans to build a second facility next to the production facility of pallet [...]
April 27, 2023 Latest Trends