Archives: April 2024

China: Oversupply of logs pushes down CFR prices

There is currently an oversupply of logs in China and CFR log prices have fallen about 12% in late March [...]
April 9, 2024 Latest Trends

Strikes end in Finland; forestry giants restart operations

The trade union association's (SAK) board has decided that the trade unions will suspend political industrial action this Monday [...]
April 9, 2024 Latest Trends

AHF to purchase the two Allegheny sawmills

A recent development in West Virginia’s timber industry sees AHF Products securing approval for the purchase of two sawmills [...]
April 9, 2024 Latest Trends

Stiga RM buys a new sawmill in Latvia

SIA "Rīgas meži,"finalized a deal on April 4, 2024, to sell its sawmill "Norupe" to SIA "Stiga [...]
April 9, 2024 Latest Trends

Bankruptcy of the world’s largest pellet producer sends shockwaves through European markets

Enviva, the world's largest maker of wood pellets from forest biomass, filed for bankruptcy in March, sending ripples through [...]
April 5, 2024 Latest Trends

Finland: Keitele Group stops exports to Asia due to port strikes

The port strikes in Finland, which has been ongoing for the fourth week, has stopped Keitele Group's export shipments [...]
April 5, 2024 Latest Trends

Germany: Pellet prices reach new lows in April

Pellet prices in Germany fall to new lows in April. In some federal states, pellets now cost less than 250 [...]
April 5, 2024 Latest Trends

Forest owners in Southern Europe are angered by the European Union’s forest policy

The biggest forestry meetings rarely take place in sunny Spain. But one of the most popular surfing towns, San Sebastian [...]
April 5, 2024 Latest Trends

Growing interest in India and the Middle East markets revealed at recent wood trade shows

In recent years, the wood trade industry has witnessed significant growth in markets of such as India and the Middle [...]
April 4, 2024 Latest Trends

Metsä Group’s production plants are now quiet

  In addition, strikes and an explosion have stopped the group's production plants.      [...]
April 4, 2024 Latest Trends