Archives: 2025

IKEA raises prices as Trump’s furniture tariffs hit retailer

Swedish furniture giant IKEA is raising prices in the United States as new tariffs on imported wood and finished furniture [...]
October 22, 2025 Latest Trends

Russia’s wood industry strengthens presence in Africa

Russian wood industry companies are expanding their presence in African markets as exports to Europe remain restricted. Segezha Group has [...]
October 22, 2025 Latest Trends

Södra sells Baltic forest holdings to to IKEA parent company

Swedish forest owners’ cooperative Södra has agreed to sell its forest assets in Latvia and Estonia to Ingka Investments [...]
October 22, 2025 Latest Trends

Raute to lower 2025 net sales forecast

Raute expects its 2025 net sales to fall between Euro 175 million and Euro 190 million, down from its earlier [...]
October 22, 2025 Latest Trends

Interfor to curtail Q4 lumber production by 26%

After a similar announcement in September, one of North America's largest lumber producers is planning to deepen cuts to [...]
October 22, 2025 Latest Trends

Contrasting views on EUDR delay proposal

Members of the European parliament are divided on the proposal from the European Commission to delay the introduction of the [...]
October 18, 2025 Latest Trends

Stora Enso sees subdued market demand ahead of Q3 results

Stora Enso, in a pre-close Q3 2025 update, says that market demand remains subdued ahead of its Q3 results [...]
October 18, 2025 Latest Trends

Hardly any supplies in Bavaria: wood shortage leads to record prices

Sawmills in Bavaria are lacking a supply of fresh timber. The result is sometimes extremely high timber prices, especially for [...]
October 18, 2025 Latest Trends

Funding for Canada’s softwood industry imminent as response to new U.S. tariffs

Financial support for Canada’s softwood lumber sector is expected to begin flowing soon, Federal Industry Minister Mélanie Joly [...]
October 18, 2025 Latest Trends

Timber prices in Norway are turning downwards as forest owners log record volumes

Norwegian timber prices, which have remained high for several years, are now showing signs of decline. New data from the [...]
October 18, 2025 Latest Trends