Xylexpo 2024 reflects the general crisis of trade fairs in the world
The 28th edition of the biennial event of XYLEXPO, a fair dedicated to wood technologies, which was suspended during the [...]
June 6, 2024
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European Commission President Ursula von der Leyen visits Sweden’s forest industry
On Monday, Sweden's Prime Minister Ulf Kristersson and Minister of Economic Affairs Ebba Busch received European Commission President Ursula [...]
June 6, 2024
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Current trends in the Indian timber and plywood market: reduced supply and price adjustments
Demand in Gandhidham for green sawn timber is steady with prices remaining at INR 571 and INR 601 per ft3 [...]
June 6, 2024
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Koskisen expands its Kore business in Poland
The Finnish wood products company Koskisen is expanding its operations and investing approximately EUR 3 million in the Kore [...]
June 6, 2024
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Global wood prices plummet sharply – Pessimistic outlook for the wood market in 2024
Global lumber prices fell sharply in early June. The reason is falling demand. High mortgage interest rates are preventing people [...]
June 6, 2024
US lumber prices fall to 8-month low
USUS lumber prices dipped below $500 per thousand board feet in June, hitting an eight-month low due to a [...]
June 6, 2024
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Timber industry calls for change of direction in European politics
The German Sawmill and Wood Industry Association, the Austrian Wood Industry Association and the Swiss Wood Industry are calling for [...]
June 6, 2024
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Steico’s final 2023 earnings drop 35%
Engineered wood product manufacturer Steico AG’s final 2023 results saw EBITDA dip by 34.9% to €57.7m (2022 [...]
June 6, 2024
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Czech Republic plans subsidies for forest owners
Czech forest managers will receive area subsidies similar to farmers. The Ministry of Agriculture is preparing a new system.  [...]
June 6, 2024
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Estonian wood sector in decline, wood prices expected to rise due fall in logging activities
The decline in turnover of Estonian loggers that lasted the whole of last year continued in the first quarter of [...]
June 5, 2024
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