Archives: 2024

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

EU sawmills return on the Japanese market: 50% export growth

Between January and July 2024, softwood lumber exports from the European Union to Japan have experienced a remarkable growth. According [...]
October 8, 2024 Latest Trends

EUDR: Commission proposes postponement, guidelines and FAQs published

On October 3, 2024, the EU Commission proposed postponing the application of the EUDR by one year. Subject to approval [...]
October 8, 2024 Latest Trends

Poland’s timber industry faces potential billions in losses due to proposed logging restrictions

The recent proposal to exclude 20% of Polish forests from timber harvesting has sparked significant concern within the timber industry [...]
October 8, 2024 Latest Trends

Stora Enso plans to sell its forests in Sweden

The forest company Stora Enso is preparing to sell part of its forest assets located in Sweden.  The purpose [...]
October 8, 2024 Latest Trends

Besse Forest Products Group closes 6 mills in Wisconsin and Michigan

Besse Forest Products Group, a longtime leader in Northern hardwood veneer, lumber, and specialty plywood manufacturing, has closed six of [...]
October 8, 2024 Latest Trends

New Zealand timber industry has yet to experience a revival

The state of NZ’s domestic timber market is widely unchanged. Structural markets continue to feel the pinch of low [...]
October 8, 2024 Latest Trends