Archives: 2024

China’s log market reopening after Lunar New Year slower than usual

Log demand in China increased very slowly after the Chinese New Year. CFR log prices have held steady, while log [...]
March 5, 2024 Latest Trends

U.S. housing market faces growing shortage of new homes

U.S. housing markets continue to struggle with a growing shortage of new homes, the result of more than a [...]
March 5, 2024 Latest Trends

France: Lumber prices for Q4/2023

The fourth-quarter lumber prices for various products in France during Q4/2023 exhibit a mix of trends revealing fluctuations [...]
March 5, 2024 Latest Trends

Metsä Group to close a sawmill in Finland

The change negotiations concerning the Merikarvia sawmill of Metsä Fibre, part of Metsä Group, which began in January, have ended [...]
March 1, 2024 Latest Trends

Large US hardwood lumber producer ceases operations

Allegheny Wood Products, a 50-year-old West Virginia-based internationally known hardwood producer, closed its doors Friday, Feb. 23 [...]
March 1, 2024 Latest Trends

Demand for spruce sawlogs increasing in Austria, despite slow construction

Despite the subdued construction industry, demand for spruce sawlogs is currently increasing in Austria. Damaged wood from storms, broken snow [...]
March 1, 2024 Latest Trends

Global timber industry impacted by transportation disruptions

The Red Sea conflict is affecting global economic stability and shipping, thereby impacting the timber industry. Timber businesses from Brazil [...]
March 1, 2024 Latest Trends

EOS and EPF sign the European Industrial Deal

 The European Panel Federation (EPF) has joined with 72 leading companies and 34 industry organizations in signing the Antwerp [...]
March 1, 2024 Latest Trends

Can North American lumber prices rally this spring?

North American lumber prices tend to peak during spring and summer as new home construction increases. The Fed’s pivot [...]
February 29, 2024 Latest Trends

Metsä Group sells its wood supply business in Estonia

Metsä Group's parent company Metsäliitto Osuuskunta is selling its Estonian wood supply business. The buyer is a subsidiary [...]
February 29, 2024 Latest Trends