Archives: 2023

Lumber more expensive on the world market – prospects for wood prices

Wood prices are rising steeply on global markets. At least when you look at the price outlook for the next [...]
November 21, 2023

Caution: Plywood offers from Russia via Turkey or Asian transit

Some GWMI members have received offers of plywood whose origin could be Russia, and which transit through Turkey or certain [...]
November 21, 2023 Latest Trends

Japan sees consistent rise in mass timber constructio

The worldwide market for mass timber buildings and structures continues to expand and many are rising in Japan, often combining [...]
November 21, 2023 Latest Trends

Koskinen went into the red, log prices “historically unfavorable”

The result weakened in both the wood processing group's sawmill and panel segments. Finnish wood processing group Koskinen [...]
November 21, 2023 Latest Trends

West Fraser completes acquisition of Spray Lake Sawmills

West Fraser Timber Co. Ltd. announced that it has completed the acquisition of Spray Lake Sawmills located in Cochrane, Alberta [...]
November 21, 2023 Latest Trends

Estonian timber sector finding it increasingly difficult to compete with Scandinavian countries

While the price of roundwood has come down considerably, which constitutes good news for the Estonian wood industry, prices remain [...]
November 17, 2023 Latest Trends

Italian wood-furniture industry in difficulty

The Italian wood and furniture sector is grappling with a crisis characterized by industry representatives as unexpectedly swift and severe [...]
November 17, 2023 Latest Trends

German timber trade in double-digit decline – no improvement in sight

The timber trade in Germany shrank by 15% in 2023. The weak construction economy, high building interest rates, inflation [...]
November 17, 2023 Latest Trends

China plans $137 billion of new funding to boost housing market

China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation’s [...]
November 17, 2023 Latest Trends

Poland’s wood industry in crisis as prices for raw materials increased by 40%

"The worst fears of the wood sector have been confirmed" - in such an alarmist tone, representatives of the Polish wood [...]
November 16, 2023 Latest Trends