Archives: June 2024

US$ 18 billion investments in Brazil’s forestry sector expected by 2028

The forestry sector in Brazil is expected to invest around R$90 billion (US$ 18 billion) by 2028, according to [...]
June 18, 2024 Latest Trends

Stability and optimism reported at Carrefour timber exhibition

Tropical timber suppliers at the Carrefour Internationale du Bois (CIB) exhibition in Nantes said there were signs the European market [...]
June 18, 2024 Latest Trends

Paradigm shift for the Swedish forest industry?

 Despite reduced demand, reduced felling, reduced deliveries and the construction crisis, the price trend for Swedish forest products is [...]
June 14, 2024 Latest Trends

Historic North American delegation visits Finland’s forest industry

Business Finland is hosting an unprecedented visit by a large delegation from the North American forest and wood products industry [...]
June 14, 2024 Latest Trends

Lumber mill temporarily shuts down in BC, cites low prices terrible state of the industry

Aspen Planers has temporarily shuttered its operations in Merritt, a move that has resulted in approximately 100 workers being laid [...]
June 14, 2024 Latest Trends

Conifex secures $25 Million loan for its lumber segment

Conifex Timber Inc. has secured a $25 million term loan with PenderFund Capital Management Ltd., a Vancouver-based investment firm [...]
June 14, 2024 Latest Trends

Finland: The outlook for the forest industry is gradually brightening

The recovery of the global economy and the anticipated interest rate cuts by central banks will gradually increase the demand [...]
June 13, 2024 Latest Trends

Federal Reserve rate stagnation impacts US wood products markets

The ongoing Federal Reserve rate stagnation is having a ripple effect across the US wood products market and the broader [...]
June 13, 2024 Latest Trends

European construction: Moderate decline in 2024, recovery expected by 2025

The total construction output in the Euroconstruct area fell by 1.4 percent in 2023, which was slightly better than [...]
June 13, 2024 Latest Trends

Sawlog prices on the rise in Latvia

Positive trends can also be observed in the softwood sawlog market in Latvia. The price of softwood sawlogs is [...]
June 13, 2024 Latest Trends