Archives: 2024

Poland: Less wood on the market from 2025; ban on wood exports outside EU considered

In 2025, less wood may appear on the market in Poland than in previous years. According to the general director [...]
August 16, 2024 Latest Trends

Price trends in Estonia’s timber market show mixed changes across species

In Estonia, timber price trends have shown varied directions across different species. Pine logs have decreased in price, while spruce [...]
August 16, 2024 Latest Trends

Recent trends in the US lumber and housing market

The US housing market saw a notable slowdown in May 2024, with revised housing starts falling to 1.314 million [...]
August 16, 2024 Latest Trends

Global timber market set for recovery after Ukraine conflict, new study reveals

As the conflict between Russia and Ukraine extends into its third year, new research suggests that the global timber industry [...]
August 16, 2024 Latest Trends

U.S. to double duties on Canadian softwood lumber

The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate [...]
August 15, 2024 Latest Trends

Metsä Group prepares for production cuts at two of its sawmills

Metsä Group begins  negotiations at Lappeenranta and Vilppula sawmills. The negotiations concern possible layoffs, and the scope of the negotiations [...]
August 15, 2024 Latest Trends

Chinese demand for African timber remains strong despite volatility in global markets

China's demand for African timber remains strong despite the volatility facing the global timber market. According to customs [...]
August 15, 2024 Latest Trends

Raute reports solid Q2//2024 results

Raute Corporation reported solid financial progress in the first half of 2024, achieving its highest-ever quarterly net sales and [...]
August 15, 2024 Latest Trends

LL Flooring files for bankruptcy, to close 94 stores

LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across [...]
August 14, 2024 Latest Trends

Pressure mounts to delay EU Deforestation Regulation

Pressure on the EU to delay implementation of the EU Deforestation Regulation (EUDR) has continued to mount from commodity producing [...]
August 14, 2024 Latest Trends