Archives: 2024

Latvia: Exports of softwood lumber up 7.6% in Jan.-July 2024

In the first seven months of this year, Latvia exported forest industry products worth two billion euros, which is 1 [...]
October 2, 2024 Latest Trends

Fall in EU softwood lumber exports to the US

European softwood lumber exports to the USA experienced a downward trend in the first seven months of 2024 compared to [...]
October 1, 2024 Latest Trends

European wood and woodworking associations call for EUDR implementation to be delayed

On 25 Sep 2024, 29 European associations, including the European Panel Federation (EPF), the European Confederation of Woodworking Industries (CEI [...]
October 1, 2024 Latest Trends

Higher US lumber prices expected in 2025

On August 5, nearby September physical lumber futures were at the $508 level on August 5, with the now active [...]
October 1, 2024 Latest Trends

UK’s Drax to invest up to $12.5 billion in US biomass power plants

British power giant Drax could invest up to $12.5 billion developing biomass plants with carbon capture and storage (BECCS [...]
October 1, 2024 Latest Trends

EU Commission insists no plans to delay anti-deforestation law

Due to a growing backlash from trading partners and conservative lawmakers, the European Commission maintains it is working to implement [...]
September 27, 2024 Latest Trends

Brink Forest Products proposes deal for Canfor sawmills

Brink Forest Products Ltd. has submitted an Addendum to its September 9, 2024, Letter of Intent to purchase four sawmills [...]
September 27, 2024 Latest Trends

Challenging times for Poland’s wood industry

The Polish wood industry is currently facing a dramatic market slump, significantly impacting companies within the sector. An industry expert [...]
September 27, 2024 Latest Trends

Rising timber prices in Estonia

In August 2024, the Estonian forestry market saw significant price fluctuations across various timber assortments, with notable increases in pine [...]
September 27, 2024 Latest Trends

Will falling Federal Reserve rates push US lumber prices up?

US lumber prices have seen a sharp rise, driven in part by the Federal Reserve's recent interest rate cut [...]
September 27, 2024 Latest Trends