Archives: 2024

West Fraser to permanently close Fraser Lake, B.C., sawmill

West Fraser Timber Co. Ltd. says it's permanently closing its sawmill in Fraser Lake, B.C., after an orderly [...]
January 24, 2024 Latest Trends

US lumber price volatility expected to stay high in 2024

There’s reason to believe that in 2024 month-to-month price volatility will remain elevated compared with the sleepy [...]
January 23, 2024 Latest Trends

Södra pushes timber prices up on high demand

In Sweden, the wood price rally continues.Södra announced that it will raise the base prices of pine and [...]
January 23, 2024 Latest Trends

Rising demand for softwood logs pushes prices up in Austria

Despite the sluggish construction industry, there is currently a rising demand for softwood logs in Austria. Accumulated damaged wood quantities [...]
January 23, 2024 Latest Trends

Finland: Log prices on the rise in December

The average price paid for spruce logs in December standing sales in Finland was EUR 71.0 per cubic metre [...]
January 23, 2024 Latest Trends

​Masisa to sell a Mexican particleboard plant to Duraplay

Masisa announced the sale of its particleboard plant located in Chihuahua, Mexico, to the Mexican company Duraplay. The transaction was [...]
January 23, 2024 Latest Trends

What to expect in China’s wood market after the Chinese New Year?

The outlook of the timber trade in China is significantly cautious mainly due to the current state of the country [...]
January 19, 2024 Latest Trends

Red Sea attacks cause shipping rates to skyrocket

The Red Sea crisis has led to disruptions in passage, significantly increasing transit times for trade between Asia and Europe [...]
January 19, 2024 Latest Trends

Gerald Schweighofer to step down as CEO of HS Timber

Effective January 16, 2024, Jürgen Bergner, currently the Chief Operating Officer (COO) of HS Timber Group, will assume the [...]
January 19, 2024 Latest Trends

Canada challenges U.S. decision to uphold tariffs on softwood lumber

Canada is challenging the U.S. decision late last year to maintain duties on exports of Canadian softwood lumber, Trade [...]
January 19, 2024 Latest Trends