European parquet dropped 30% in 2023
After a good year 2022 which consolidated the level reached during the booming 2021, the European parquet market experienced a [...]
January 30, 2024
Latest Trends
Weyerhaeuser expects weak wood products sales for Q1/2024
U.S. timber giant Weyerhaeuser posted a lower adjusted profit on Thursday, hit by weakness in its wood products business [...]
January 30, 2024
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Quebec sawmills losing big as lumber demand drops
Sawmills in Quebec have not turned a profit for more than a year due to the drop in demand for [...]
January 30, 2024
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New Zealand wood industry concerned Red Sea conflict could drive up shipping costs
The New Zealand wood industry is closely watching the conflict in the Red Sea, as global shipping costs rise as [...]
January 30, 2024
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U.S. lumber prices to hold steady for three to six months
In the U.S. southern region, stumpage pricing for forest products remained relatively stable throughout 2023, with minimal movement in [...]
January 26, 2024
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Red Sea crisis continues to push ocean freight rates up
As the conflict in the Red Sea continues, container freight rates continue to rise, with ocean container freight rates rising [...]
January 26, 2024
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Setra reports challenging Q4/2023; sees improved demand in US and Asia
Swedish wood products company Setra has reported an operating loss of SEK -191 million for the fourth quarter of [...]
January 26, 2024
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Summary of Russian timber exports trends in 2023
As of the end of 2023, Russia's sawnwood and log exports reached 25 million cubic meters, compared with 27 [...]
January 26, 2024
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UK softwood traders to face rising demand and reduced supply in Q1/2024
As the New Year began, many areas of the UK were deluged with incessant rain and flooding, leaving building sites [...]
January 25, 2024
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Swedish roundwood prices rise in 2023
In 2023 the roundwood prices on delivery timber in Sweden increased for sawlogs by 12% and for pulpwood by 37 [...]
January 25, 2024
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