Article Archive

Russian timber exports witness steep decline as EU sanctions take effect

Foreign sales of Russian timber experienced a further decline in the first quarter of this year, dropping by over 20 [...]
May 31, 2023 Latest Trends

Indian wood import market thrives as country recovers to pre-Covid levels

India's remarkable recovery from the COVID-19 pandemic has brought about a resurgence in various industries, with the wood [...]
May 30, 2023 Latest Trends

China’s softwood lumber imports shift to Russia and Europe; N. American suppliers losing ground

China's softwood lumber imports have undergone a significant shift, with a preference for suppliers from Russia and Europe. This [...]
May 30, 2023 Latest Trends

Robbins Lumber to acquire two sawmills

Robbins Lumber, Inc. announced the acquisition of two sawmills, expanding the company’s footprint from two locations to four locations [...]
May 30, 2023 Latest Trends

New Zealand: Log export prices hit lowest level in nearly a year

New Zealand's export log prices have experienced a significant decline, reaching their lowest point since July last year. There [...]
May 30, 2023 Latest Trends

Homag Group acquires stake in timber house software specialist

The Homag Group acquires 26 percent of the shares in the Reutlingen-based software company granIT, thus strengthening its digital [...]
May 30, 2023 Latest Trends

Concerns persist over Russian wood pellet exports to Turkey evading EU ban

Russian wood pellet exporters are still shipping significant volumes to Turkey, underpinning concerns some may be repackaged and exported to [...]
May 27, 2023 Latest Trends

China softwood log inventory declines as construction outlook and pricing challenges persist

China softwood log inventory has dropped to about 3m m3 with radiata pine from New Zealand accounting for about 2 [...]
May 27, 2023 Latest Trends

Wood price surge drives profit growth for Czech state enterprise Lesy ČR in 2022; challenges expected

Last year, Czech the state enterprise Lesy České republiky (LČR) increased its net profit by 83 percent to 5 [...]
May 27, 2023 Latest Trends

European wood-based panel production falls by 6% in 2022

European wood-based panels production fell by more than 6% in 2022 according to provisional figures released by the European [...]
May 27, 2023 Latest Trends