Sweden’s large sawmills report sharp fall in sales for Q3/2023
Sweden's major sawmill companies Södra and Setra faced a challenging third quarter as global economic uncertainties continued to [...]
October 24, 2023
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Bark beetle infestation negatively impacts French softwood market
For spruce and fir in the East part of France, there was no summer break. On the contrary, in the [...]
October 20, 2023
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Germany: Fall in pellet prices continues in October
Pellet prices in Germany continue to fall in early October. There are apparently two reasons for this: the falling wood [...]
October 20, 2023
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Ikea to cut furniture prices as supply chain starts to ease
Ikea has promised to pass on cost savings to customers by cutting prices over the next year as pressures in [...]
October 20, 2023
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European softwood lumber exports to US see sharp price drop
In January-September 2023, the European softwood lumber exports to the United States recorded a more pronounced fall in export [...]
October 20, 2023
Ponsse lowers its profit forecast for 2023
The Finnish industrial company Ponsse, which manufactures forest machines, lowers its profit forecast for the full year 2023. The [...]
October 20, 2023
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Austria: Slight recovery in demand and prices for softwood logs in October 2023
Due to the economic downturn in the construction industry and declining softwood lumber prices, the Austrian sawmill industry has further [...]
October 19, 2023
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Crisis looms over Estonia’s timber industry with declining demand and competitive pressures
The timber industry in Estonia is facing a severe crisis as a combination of reduced demand and competitive hurdles continue [...]
October 19, 2023
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Upturn expected next year in Finland’s softwood lumber market
In Finland, the forest industry is currently grappling with several challenges, including a rise in production and a shortage of [...]
October 19, 2023
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West Fraser to close particleboard plant in UK
Canadian lumber and wood-based panels manufacturer West Fraser is to permanently shut down its particleboard production at the site [...]
October 19, 2023
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