Article Archive

Germany: Wood market under pressure due to economic instability and weak construction sector

The German timber industry is entering a period of significant change. As 2024 ends, rising prices for softwood sawlogs reflect [...]
December 6, 2024 Latest Trends

Trade tensions and new regulations shape the future of hardwood markets

The 2024 International Hardwood Conference (IHC) brought together industry experts, market analysts, and trade representatives to discuss the evolving landscape [...]
December 6, 2024 Latest Trends

China: Log market faces supply-demand balancing act ahead of Chinese New Year

China softwood log inventory dropped slightly to 2.4m m3 due to lower supply as log demand has remained steady [...]
December 4, 2024 Latest Trends

UPM to cut 88 jobs

UPM will terminate a maximum of 88 jobs as a result of change negotiations. The negotiations concerned UPM Pulp's [...]
December 4, 2024 Latest Trends

Tough times for Swedish sawmills, but a glimmer of hope for spring

The year has remained tough for Swedish sawmills. Despite slight increases in sales prices during the third quarter, profitability continued [...]
December 4, 2024 Latest Trends

Log shortages disrupt San Group’s port alberni operations

San Group’s mills and remanufacturing plant in Port Alberni are struggling to maintain consistent operations due to an ongoing [...]
December 4, 2024 Latest Trends

Norway: Timber prices remain high

The demand for softwood sawlogs and pulpwood in Norway remains robust as winter approaches, driven by intense competition despite low [...]
December 4, 2024 Latest Trends

Sharp fall in EU softwood lumber exports to US

EU softwood lumber exports to the US fell significantly in the first nine months of 2024 compared to the same [...]
December 3, 2024 Latest Trends

EU investigation China plywood ongoing as European producers struggle with unfair competition

The European Union (EU) has started an investigation into the import of hardwood plywood from China in the fall of [...]
December 3, 2024 Latest Trends

UK hardwood trade hoping for better times in 2025

‘Average’ is how one trader summed up the current UK hardwood market, echoing the sentiment of others in the business [...]
December 3, 2024 Latest Trends