Article Archive

European sawmills under pressure as market conditions remain uncertain

European sawmillers are continuing to face significant challenges due to ongoing poor market conditions, with expectations of a major boost [...]
November 19, 2024

China’s timber market shows signs of recovery

In the third quarter of 2024, China’s timber imports reached 15.52 million cubic meters, reflecting a 4% year [...]
November 19, 2024 Latest Trends

Versowood facing harsh realities

Finland's largest sawmill company, Versowood, reported grim but positive financial results for the fiscal year ending in June.  [...]
November 19, 2024 Latest Trends

Austrian and German sawmill industry welcome EUDR deadline extension and repair

The European Parliament has voted to extend the deadline for implementing the EU Regulation on Deforestation-Free Products (EUDR) to [...]
November 19, 2024 Latest Trends

Kika/Leiner furniture chain insolvent again

Austrian furniture chain Kika/Leiner has again applied for bankruptcy after an attempt at restructuring failed, a spokeswoman announced from [...]
November 19, 2024 Latest Trends

EU Parliament delays, eases EUDR

Lawmakers in the European Parliament voted 371 to 240 to a one-year delay and amendments to alter the EU [...]
November 15, 2024 Latest Trends

EU Parliament EUDR vote: Industry concerns mount as regulatory future hangs in the balance

The EU Deforestation Regulation (EUDR) faces a pivotal vote in the European Parliament, where its potential delay has stirred debate [...]
November 15, 2024 Latest Trends

Koskisen Q3 2024: Strong growth in sawn timber and panel segments despite sluggish market

Koskisen’s third-quarter (Q3) preview for 2024 indicates a promising reversal of earnings, as the company recovers from one [...]
November 15, 2024 Latest Trends

Estonia: Softwood prices rise, market uncertainty for timber companies persists

In the third quarter of 2024, Estonia's timber market saw a mixed performance across different wood categories. Prices for [...]
November 15, 2024 Latest Trends

US producers push to uphold high duties in Chinese plywood

The U.S. wood industry, represented by the Coalition for Fair Trade in Hardwood Plywood, has asked the U.S [...]
November 15, 2024 Latest Trends