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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New Zealand log exports to China face challenges due to market shifts
The New Zealand log export industry faces challenges post-Christmas, grappling with fluctuating foreign exchange rates, rising shipping costs, and [...]
January 25, 2024
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Ukraine plans to increase pace of timber harvesting in 2024
Ukraine is scaling up timber production, building new forest roads and stamping out corruption, with the government looking to stimulate [...]
January 25, 2024
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The German wood industry more optimistic about H1/2024
The mood in the German wood industry improved slightly in December 2023 compared to the previous month. Although companies were [...]
January 24, 2024
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Enviva misses bond payment; what next for the wood pellet giant?
Enviva, the financially struggling wood-to-energy company with major operations in Eastern North Carolina and at the Port of [...]
January 24, 2024
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2024 expected to be challenging for Vietnam’s wood sector
The year 2024 is forecast to remain a challenging year for the Vietnamese wood industry, given several issues affecting the [...]
January 24, 2024
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