Archives: 2023

UPM considers production adjustments; starts temporary layoff negotiations

UPM Pulp, UPM Timber, UPM Communication Papers and UPM Biofuels will start change negotiations on possible temporary layoffs. The negotiations [...]
November 24, 2023 Latest Trends

Finland: Log prices fall in October

The fall in standing sales prices continued in October. Average prices for spruce and pine logs fell by 2% compared [...]
November 24, 2023 Latest Trends

China’s timber industry is accelerating driven by new policies in real estate and infrastructure

Since the beginning of this year, the Chinese government has rolled out a series of policies to support the development [...]
November 23, 2023 Latest Trends

Action required now by wood suppliers to meet EUDR requirements

Tropical wood exporters to the EU need already to be collecting the due diligence data - including evidence that wood is [...]
November 23, 2023 Latest Trends

Europe’s plywood industry reacts to banned Russian birch plywood entering the market

In Europe there have been many rumours over the past year of birch plywood originating from Russia circumventing the current [...]
November 23, 2023 Latest Trends

New Zealand’s log export prices firm as sales to China pick up

Prices for New Zealand log exports are slowly improving, but a forestry consultant says the sector must find new international [...]
November 23, 2023 Latest Trends

European wood pellet market outlook 2023-2030

The European energy landscape has experienced significant turbulence over the past 18 months, resulting in substantial effects on wood pellet [...]
November 22, 2023 Latest Trends

Austrian timber industry: reduced activity, shifting demands, and stable prices

Logging activity of the Austrian sawmill industry remains reduced due to low demand for softwood lumber. It has been announced [...]
November 22, 2023 Latest Trends

Tough times for Moelven

The weak economy is starting to catch up with the Norwegian wood processing group Moelven. 25 employees are notified of [...]
November 22, 2023 Latest Trends

Mercer sees better Q3/2023 results as inflation pressures are easing

International forest products group Mercer International said its Q3 results were significantly better than Q2 due to lower fibre and [...]
November 22, 2023 Latest Trends