Germany: Wood prices recovered slightly; uncertain outlook for 2024
Wood prices in Germany have recently recovered slightly. But this is not a radical market change. Some observers fear that [...]
January 10, 2024
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Metsä Fiber to stop production at Merikarvia sawmill
Metsä Fiber, a member of Metsä Group, starts change negotiations at the Merikarvia sawmill. The purpose is to stop lumber [...]
January 10, 2024
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Logging activities to be limited in 10 Polish forest areas
The Polish government ordered a state-run company that manages more than 7 million hectares of the country's forests [...]
January 10, 2024
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Egger acquires stake in Thai panel producer
With the aim of further strengthening its own market position in Asia, the Egger Group has acquired a 25.1 [...]
January 10, 2024
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China’s log demand slows due to low temperatures
Log demand in China remained steady through November and early December but severely low temperatures at the end of December [...]
January 9, 2024
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Finland’s softwood lumber exports on the rise; boost in raw wood imports from Latvia
Finland's export volume of softwood lumber increased last October from a year ago. A total of more than 700 [...]
January 9, 2024
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Rising freight rates in the wake of Suez crisis
Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers [...]
January 9, 2024
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Versowood to acquire pellet factory in Finland
Neova Oy's subsidiary Vapo Terra Oy and Versowood Oy have agreed on a business sale and purchase agreement whereby [...]
January 9, 2024
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China’s poor housing accounts for big decline in B.C. lumber exports
Until recently, China stood as the second-largest market for British Columbia (B.C.) wood products, considering both lumber and [...]
January 9, 2024
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Pfeifer’s CEO urges wood industry to avoid pessimism despite current market woes
The CEO of one of Europe’s largest sawmilling groups has told the market and customers to avoid pessimism at [...]
January 5, 2024
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