Kährs sees recovery in European market
Kährs reported less significant declines in its European division, despite experiencing weak demand in the residential segment, which has [...]
June 20, 2024
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Sweden: Wood prices skyrocket as demand improves
The Swedish forest owners' association Mellanskog has reported on historically large price increases. The reason behind the prices increases is [...]
June 19, 2024
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Indian wood-based panel market faces rising sea freights, shortages and price hikes
The Indian market is once again witnessing turmoil due to sea freight and global logistics issues. As a result, the [...]
June 19, 2024
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European parquet production falls 30%
European parquet flooring production massively fell 30.5% in 2023 to 54.4 million m2, according to the latest statistics [...]
June 19, 2024
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US lumber prices rebound slightly
US lumber prices rebounded toward $500 per thousand board feet, moving away from the eight-month low of $488 observed [...]
June 19, 2024
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Brazilian Suzano acquires 15% stake in Austria’s Lenzing
Brazilian Suzano acquired a 15 percent stake in Austrian Lenzing from B&C and the two shareholders will form [...]
June 19, 2024
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Miro Forestry and Timber Products doubles plywood production in Ghana
Miro Forestry and Timber Products has announced that it has procured equipment to double its plywood factory capacity in Ghana [...]
June 19, 2024
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EOS GA: Hopes that the European softwood market will “bottom out” this year
European softwood production declined by 6.4% in 2023 to 80,894,000m3 (2022: 86,518,000m3) with a further [...]
June 18, 2024
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Canfor to temporarily curtail a sawmill in BC
BC's struggling forestry industry is taking another hit following the release of an internal memo from Canfor’s Fort [...]
June 18, 2024
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Conifex curtails sawmill and planer operations
Conifex announced today the curtailment of its sawmill and planer operations for two weeks starting June 17, 2024. This decision [...]
June 18, 2024
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