Archives: July 2024

Falling trend in European softwood lumber exports in US

In the period from January to May 2024, European softwood lumber exports to the United States dropped both in volume [...]
July 4, 2024 Latest Trends

Versowood’s CEO: The sawmill industry expects the Japanese yen to strengthen and exports to pick up

Japan has been the largest export market in euro terms for Versowood, Finland's largest private lumber producer, in recent [...]
July 4, 2024 Latest Trends

Top players in the Romanian wood industry report substantial losses

In 2023, the Romanian wood industry experienced a significant downturn, as evidenced by industrial production indices released by the National [...]
July 4, 2024 Latest Trends

Lumber prices are not rising, despite sawmills cutting production

Low lumber prices are forcing sawmills to cut production on both sides of the Atlantic. In Europe, sawmill companies also [...]
July 3, 2024

Softwood sawlog prices in Latvia not rising as expected

Over the last six months, the Latvian wood market has seen notable fluctuations in the prices of various assortments, including [...]
July 3, 2024 Latest Trends

Mayr-Melnhof Holz to invest in new pressing system for glulam components

Mayr-Melnhof Holz invests in a fully automated modern high-frequency press for the production of glulam standard components at [...]
July 3, 2024 Latest Trends

UK plywood market mood improves

UK plywood importers and distributors are becoming more positive about prospects. Although, some suggest market sentiment is buoyed more by [...]
July 3, 2024 Latest Trends

Global timber trade continues to be disrupted by the Red Sea Crisis

The ongoing Red Sea Crisis continues to severely disrupt global timber supply chains. Traders are struggling with escalating container costs [...]
July 2, 2024

Mounting calls for EUDR delay from inside the EU

Calls for a delay to implementation EUDR have become louder inside the EU itself in recent months. The first signs [...]
July 2, 2024 Latest Trends

Sawmill company Pölkky Oy sees sharp drop in profits

Pölkky Oy's accounting period that ended at the turn of the year was exceptionally 16 months long, so [...]
July 2, 2024 Latest Trends
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