German timber market in severe crisis: timber prices are collapsing drastically
The slump in sales of almost all wood products has been overwhelming the entire German timber industry for several months [...]
December 1, 2023
Drax to curtail Houston pellet plant due to Canfor sawmill closure
Drax Canada's Houston pellet plant is producing its final batch of pellets for 2023 up until Dec. 7 after [...]
December 1, 2023
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Sweden: Forest machines company Rottne Industri AB cuts jobs as demand slows
Rottne Industri AB has announced that it will be making necessary workforce adjustments due to the impact of global economic [...]
December 1, 2023
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North American lumber prices: Recent upsides could lead to spring peaks
North American lumber prices were slightly higher on November 17 but were not running away on the upside. Nearby [...]
November 30, 2023
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The current state and outlook for Swedish forest industry analyzed during panel discussion
The Timber Market panel discussion in Karlstad, Sweden organized by the industry organization Svenskt Trä (Swedish Wood), offered insights and [...]
November 30, 2023
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Czech Republic: Large sawmill production hampered by the market situation
One of the most important woodworking companies in the Czech Republic, the sawmill in Ptení in Prostějovsk was not [...]
November 30, 2023
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Moelven extends layoffs due to weak market
A further 50 employees at Moelven Byggmodul AB have been notified of redundancy. It can be added to the almost [...]
November 30, 2023
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West African timber producers face generally dull international demand
The overall West African producer sentiment is that markets are dull some experiencing low levels of activity. The Middle East [...]
November 30, 2023
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Boise Cascade to indefinitely curtail lumber production in Chapman, Alabama
Boise Cascade announced an indefinite curtailment of its lumber production in Chapman, AL. The curtailment will affect approximately 80 positions [...]
November 29, 2023
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Finland: The war in Gaza affects the export of lumber, uncertainty in the market
For Finland's lumber exports, the war in Gaza and especially the expansion of the conflict is a threat hanging [...]
November 29, 2023
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