Archives: 2024

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends

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 Latest Trends