Archives: 2024

China’s timber import market slowly recovering in the first quarter

According to the latest data released by China's General Administration of Customs, the country's total timber imports exceeded [...]
May 2, 2024 Latest Trends

B.C. forestry company Teal Jones is battling bankruptcy

Teal Jones, a prominent logging company based in British Columbia, is battling bankruptcy. The company has filed for creditor protection [...]
May 1, 2024 Latest Trends

Rising roundwood prices in Germany

There is currently an upward trend in roundwood prices in Germany's Lower Saxony region. Accordingly, demand for and prices [...]
May 1, 2024 Latest Trends

Weyerhaeuser expects higher sales for lumber for Q2/2024

Weyerhaeuser reported first quarter net earnings of $114 million, or 16 cents per diluted share, on net sales of $1 [...]
May 1, 2024 Latest Trends

Swedish wood product companies post weak first quarter

The latest financial reports from some of Sweden's leading wood product companies reveal a challenging start to the year [...]
May 1, 2024 Latest Trends

Q1/2024 strikes hit Finnish forestry giants profits hard

Finnish forestry giants Stora Enso and Metsä Group reported high profit losses due to political strikes in the first quarter [...]
April 30, 2024 Latest Trends

China log market stabilizes in April

The China log market witnessed a period of stabilization over the past month, following a significant downturn. While there have [...]
April 30, 2024 Latest Trends

Trade court orders U.S. DoC to redo countervailing duties on Canadian lumber

The U.S. Court of International Trade ordered the U.S. Department of Commerce to redo countervailing duties on Canadian [...]
April 30, 2024 Latest Trends

The forecast for British Columbia’s forestry sector in 2024 is far from optimistic

Throughout much of 2023, Canadian lumber output saw a significant decline, exceeding 20% compared to the previous year, particularly noticeable [...]
April 30, 2024 Latest Trends

Plywood production and prices going up in Russia

in March 2024, the monthly volume of plywood produced in Russia exceeded 300 thousand m³ for the first time in [...]
April 30, 2024 Latest Trends