Archives: June 2024

China: Plans to stabilise real estate market likely to result in increased timber imports

China's housing market has experienced a significant slowdown due to a change in government policy regarding property developers' borrowing [...]
June 11, 2024 Latest Trends

Latvijas Finieris reports considerable surge in profits

The turnover of the Latvijas Finieris concern in 2023 reached 404.8 million euros 15% more than the year before [...]
June 11, 2024 Latest Trends

Swedish forest owners want to reduce the EU’s influence

In a new survey, conducted by Novus, 84 percent responded that they believe the EU should have less influence over [...]
June 11, 2024 Latest Trends

China: Softwood lumber imports up slightly, prices down

According to China Customs, softwood lumber imports in the first quarter of 2024 totaled 6.71 million cubic meters valued [...]
June 6, 2024 Latest Trends

Xylexpo 2024 reflects the general crisis of trade fairs in the world

The 28th edition of the biennial event of XYLEXPO, a fair dedicated to wood technologies, which was suspended during the [...]
June 6, 2024 Latest Trends

European Commission President Ursula von der Leyen visits Sweden’s forest industry

On Monday, Sweden's Prime Minister Ulf Kristersson and Minister of Economic Affairs Ebba Busch received European Commission President Ursula [...]
June 6, 2024 Latest Trends

Current trends in the Indian timber and plywood market: reduced supply and price adjustments

Demand in Gandhidham for green sawn timber is steady with prices remaining at INR 571 and INR 601 per ft3 [...]
June 6, 2024 Latest Trends

Koskisen expands its Kore business in Poland

 The Finnish wood products company Koskisen is expanding its operations and investing approximately EUR 3 million in the Kore [...]
June 6, 2024 Latest Trends

Global wood prices plummet sharply – Pessimistic outlook for the wood market in 2024

Global lumber prices fell sharply in early June. The reason is falling demand. High mortgage interest rates are preventing people [...]
June 6, 2024

US lumber prices fall to 8-month low

USUS lumber prices dipped below $500 per thousand board feet in June, hitting an eight-month low due to a [...]
June 6, 2024 Latest Trends