IKEA sales drop 5% but price cuts boost customer visits
IKEA's Ingka Group announced retail sales of Euro 39.6 billion for the fiscal year ended on August 31 [...]
October 12, 2024
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Uncertainty grows in the US softwood lumber market
The aftermath of Hurricane Helene in the South, combined with a strike affecting ports from Maine to Texas, has added [...]
October 11, 2024
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Finland: A shift in the timber market, prices mostly declining
The purchase volume shrank to 830,000 cubic meters last week, according to statistics from the Finnish Forest Industries Federation [...]
October 11, 2024
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UK’s wood imports remain subdued but there is optimism for 2025
UK's wood imports for July, the latest month for which data is available, were higher than in July 2023 [...]
October 11, 2024
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Koelnmesse cancels IMM Cologne 2025
Together with the Association of the German Furniture Industry (VDM) and the German Furniture and Kitchen Retailers Association (BVDM), Koelnmesse [...]
October 11, 2024
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Swedish sawmills could face more cutbacks and adjustments as log prices keep on rising
As log prices continue to soar in Sweden, forest owners' associations that own industrial operations find themselves in a challenging [...]
October 9, 2024
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It’s time for higher US lumber prices
US lumber prices have been climbing since their recent bottom in mid-July. A “normal” cycle sees prices dropping from [...]
October 9, 2024
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Europe’s green ambitions stumble as deforestation law faces delay
Europe’s bold plans to curb global deforestation have encountered a significant roadblock, as the European Union announced a one [...]
October 9, 2024
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Western Forest Products to cut lumber production by 10%
Western Forest Products Inc. announced a significant reduction in lumber production for the final quarter of 2024. The company will [...]
October 9, 2024
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Norway’s sawmill industry at risk due to record timber prices
Norway's sawmill industry is under immense pressure due to historically high softwood sawlog prices, a situation exacerbated by challenges [...]
October 9, 2024
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