Archives: 2024

Wood prices plummet to record low – Global wood market in serious crisis

Global lumber prices are falling like a stone. Market experts had not actually expected this new crash. At the beginning [...]
July 11, 2024

Estonian softwood log prices keep falling in June

Notably, the prices of pine logs and birch veneer logs decreased. The only price increase was observed in birch pulpwood [...]
July 11, 2024 Latest Trends

Carrefour International du Bois 2024: 600 wood processing companies gathered in Nantes this year

The Nantes event was particularly awaited by companies in the sector as it is now the only event dedicated solely [...]
July 11, 2024 Latest Trends

Italy’s wood processing technology exports down 6.1% in 1q-2024

Acimall, the Italian association for woodworking machinery and technologies, has released data indicating that exports totaled EUR 379.4 million [...]
July 11, 2024 Latest Trends

Kastamonu Entegre to invests EUR 70 Million in renewable energy

Kastamonu Entegre is enhancing sustainability with substantial investments in renewable energy. Through initiatives focused on recyclable materials, biobased products [...]
July 11, 2024 Latest Trends

Estonia’s timber sales process under investigation for market price inconsistencies

The State Forest Management Center (RMK) in Estonia faces criticism for its long-term contract negotiation and price-setting rules [...]
July 10, 2024 Latest Trends

Are US lumber prices close to a bottom?

On July 3, nearby September physical lumber futures were below the $490 per 1,000 board feet level. Lumber is [...]
July 10, 2024 Latest Trends

UK softwood market faces weakening demand and persistent price pressures

Following a relatively stable start to the second quarter, the softwood market in the UK began to see price increases [...]
July 10, 2024 Latest Trends

EUDR an “existential challenge” for US hardwood exports to the EU

Speaking at the recent EUDR seminar at this year's Carrefour International du Bois (CIB), AHEC representatives highlighted the very [...]
July 10, 2024 Latest Trends

Kronospan Luxembourg to start production of particleboard using 100% recycled wood

Kronospan Luxembourg S.A. recently announced the successful production of its first particleboard (PB) panel made entirely from 100% recycled [...]
July 10, 2024 Latest Trends