UK plywood market mood improves
UK plywood importers and distributors are becoming more positive about prospects. Although, some suggest market sentiment is buoyed more by [...]
July 3, 2024
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Global timber trade continues to be disrupted by the Red Sea Crisis
The ongoing Red Sea Crisis continues to severely disrupt global timber supply chains. Traders are struggling with escalating container costs [...]
July 2, 2024
Mounting calls for EUDR delay from inside the EU
Calls for a delay to implementation EUDR have become louder inside the EU itself in recent months. The first signs [...]
July 2, 2024
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Sawmill company Pölkky Oy sees sharp drop in profits
Pölkky Oy's accounting period that ended at the turn of the year was exceptionally 16 months long, so [...]
July 2, 2024
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The US housing market could be stuck until at least 2026, Bank of America warns
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home [...]
July 2, 2024
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Stimson Lumber invests $50 million in a new sawmill built with Finnish technology
Stimson Lumber Company announced a $50 million investment in a new, high-speed sawmill line at its Forest Grove, Oregon [...]
July 2, 2024
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US lumber prices continue to fall as construction market is still weak
The downward trend in US lumber prices continues. The reason is the collapse in housing starts and building permits. Added [...]
June 28, 2024
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Considerable drop in European wood-based panels production
European wood-based panels production declined by a “disappointing” 6.3% in 2023, according to the latest statistics unveiled by [...]
June 28, 2024
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Keitele Timber’s CEO is cautious about the sawn timber market outlook
Matti Kylävainio, CEO of Keitele Timber has highlighted the industry's struggles in a recent interview for the Finnish [...]
June 28, 2024
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Rise in pine and spruce log prices in Germany
Persistent rain made timber harvesting impossible in large parts of Germany, particularly in Lower Saxony, in the first weeks and [...]
June 28, 2024
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