Versowood’s CEO: The sawmill industry expects the Japanese yen to strengthen and exports to pick up
Japan has been the largest export market in euro terms for Versowood, Finland's largest private lumber producer, in recent [...]
July 4, 2024
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Top players in the Romanian wood industry report substantial losses
In 2023, the Romanian wood industry experienced a significant downturn, as evidenced by industrial production indices released by the National [...]
July 4, 2024
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Lumber prices are not rising, despite sawmills cutting production
Low lumber prices are forcing sawmills to cut production on both sides of the Atlantic. In Europe, sawmill companies also [...]
July 3, 2024
Softwood sawlog prices in Latvia not rising as expected
Over the last six months, the Latvian wood market has seen notable fluctuations in the prices of various assortments, including [...]
July 3, 2024
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Mayr-Melnhof Holz to invest in new pressing system for glulam components
Mayr-Melnhof Holz invests in a fully automated modern high-frequency press for the production of glulam standard components at [...]
July 3, 2024
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UK plywood market mood improves
UK plywood importers and distributors are becoming more positive about prospects. Although, some suggest market sentiment is buoyed more by [...]
July 3, 2024
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Global timber trade continues to be disrupted by the Red Sea Crisis
The ongoing Red Sea Crisis continues to severely disrupt global timber supply chains. Traders are struggling with escalating container costs [...]
July 2, 2024
Mounting calls for EUDR delay from inside the EU
Calls for a delay to implementation EUDR have become louder inside the EU itself in recent months. The first signs [...]
July 2, 2024
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Sawmill company Pölkky Oy sees sharp drop in profits
Pölkky Oy's accounting period that ended at the turn of the year was exceptionally 16 months long, so [...]
July 2, 2024
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The US housing market could be stuck until at least 2026, Bank of America warns
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home [...]
July 2, 2024
Latest Trends
