Archives: 2023

Log demand in China doesn’t meet expectations at the moment

China softwood log inventory is about 4.7-4.8m m3 with radiata accounting for about 3.2m m3. Port [...]
March 28, 2023 Latest Trends

US lumber prices do not react to the latest crisis

On February 27, 2023, nearby May random-length lumber futures prices were at the $406 level, with the new physical [...]
March 28, 2023 Latest Trends

EU to weigh up future of wood-burning as renewable energy

As Europe races to replace Russian fossil fuels with cleaner power sources, EU lawmakers are weighing up the future of [...]
March 28, 2023 Latest Trends / Market Analysis

Sonae Arauco invests €100m in Germany

Supplier of engineered wood products Sonae Arauco will be investing more than €100m in its Meppen industrial unit in Emsland [...]

Arauco to order two Siempelkamp plants

Arauco decided in favor of a complete plant which covers the entire competence of the Siempelkamp Group from the delivery [...]
March 25, 2023 Latest Trends

Progress reported with Australian log trade to China

China and Australia are making progress over the resumption of Australian timber exports to China in the latest sign of [...]
March 25, 2023 Latest Trends

Wood prices in Germany are surprisingly rising this year

The German timber market surprised many forest owners. Instead of falling prices and a mood of crisis, wood prices have [...]
March 24, 2023 Market Analysis

Canfor to permanently close its Houston sawmill at the end of this month

The last log is set to be processed at Canfor’s mill at its Houston sawmill on March 31, setting [...]

Hekotek to supply new log sorting line to Versowood

Hekotek AS has signed a contract for the supply of a log sorting line to Versowood Oy in Finland.  [...]

Finland imports of wood chips and logs from Russia fell from record to zero

Imports of wood chips and logs to Finland from Russia fell from an all-time high in 2020 to zero [...]
March 24, 2023 Latest Trends / Market Analysis