Article Archive

Enviva is preparing to file for bankruptcy, says report

Enviva, the largest U.S. wood pellet exporter, is preparing to file for bankruptcy within days after a bad bet [...]
February 15, 2024 Latest Trends

Prices of softwood logs in Estonia are stable at a low level

The fourth quarter of last year did not bring any major changes in the wood market. The situation in the [...]
February 15, 2024 Latest Trends

Hasslacher Group expands in the North American market

Austrian Hasslacher Group announced that it will acquire a significant stake in Element5, a producer of cross-laminated timber and [...]
February 15, 2024 Latest Trends

Germany: Wood prices rise slightly, but no trend reversal in sight

Wood prices in Germany rose slightly at the beginning of 2024. However, this is not a real trend reversal. Demand [...]
February 13, 2024 Latest Trends

Metsä Group sees improved demand and prices for lumber in Q1/2024

Metsä Group's result weakened significantly last year. Comparable operating profit fell to 488 million euros, which is almost 800 [...]
February 13, 2024 Latest Trends

VMG Lignum construction factory to start operations in Lithuania

VMG Group, one of the largest wood processing and furniture manufacturing groups in Central and Eastern Europe, together with Hanner [...]
February 13, 2024 Latest Trends

European beech and ash market trends in 2024

If there is a market that still challenges the current global economic lethargy, it is indeed that of ash. But [...]
February 13, 2024 Latest Trends

Estonia: Increase in softwood lumber prices expected in early 2024

The price of softwood lumber in Estonia is almost half cheaper compared to last year, but the producers have reduced [...]
February 8, 2024 Latest Trends

UK timber imports rallied during the second half of 2023

UK timber import statistics for November 2023 show the market continued to improve in 2023, relative to 2022, with total [...]
February 8, 2024 Latest Trends

India: Sawn timber demand is picking up; import prices on the rise

Red Sea disruption has increased Europe to India container freight rates, resulting in kiln died sawn timber prices increasing by [...]
February 8, 2024 Latest Trends