Archives: July 2024

Sweden: Softwood lumber exports 10% lower in Jan.-May 2024

In the first five months of 2024, Sweden exported approximately 5.18 million cubic meters of sawn and planed softwood [...]
July 31, 2024 Latest Trends

UK pallet manufacturers complain of rising raw material costs

UK's Timber Packaging & Pallet Confederation (TIMCON) has warned that pallet manufacturers are facing significant increases in the cost [...]
July 31, 2024 Latest Trends

Analysis: Trends in China’s log imports for H1/2024

According to the data from the General Administration of Customs, the China's import volume of logs in the first [...]
July 31, 2024 Latest Trends

Rising threat in the Red Sea

Recent developments in the Red Sea and surrounding waterways suggest that the threat to international shipping from Yemen's Houthis [...]
July 31, 2024 Latest Trends

Russia’s sawn timber exports to Turkey tripled since the beginning of 2024

Exports of Russian sawn timber to Turkey have tripled since the beginning of 2024. Experts attribute the growth of supplies [...]
July 30, 2024 Latest Trends

Canfor reports tough Q2/2024 for its lumber segment

Canfor Corporation has announced its second-quarter results for 2024, highlighting significant challenges and decisive strategic moves within its lumber [...]
July 30, 2024 Latest Trends

Allegheny Wood Products starts selling multiple assets after sudden closure

In February of this year, Allegheny Wood Products, the 50-year-old West Virginia-based internationally known hardwood producer, closed [...]
July 30, 2024 Latest Trends

Malheur Lumber announces permanent closure of its John Day sawmill

Malheur Lumber Company, the last remaining commercial sawmill in John Day, has announced that it will close its doors after [...]
July 30, 2024 Latest Trends

US lumber prices rise 20% in July-rally comes completely unexpectedly

US lumber prices rose by 20% in mid-July. Before that, lumber prices had fallen to their lowest level in [...]
July 26, 2024 Latest Trends

EUDR’s good intentions: A challenging path forward

In a letter published in the Financial Times on July 23, 2024, Paul Brannen, Director of Public Affairs for CEI [...]
July 26, 2024 Latest Trends