Europe

Bark beetle blue timber not well received on the European market

    Swedish sawmills have received large quantities of timber attacked by spruce bark beetles, mainly in southern [...]

Finland’s sawn timber exports on a downward trend

The export value of Finnish forest products in January-September reached 11.29 billion euros, a decrease of 6% compared [...]

Precious Woods to close sawmill in Gabon due to high costs

Unexpectedly high cost increases in Gabon have forced Precious Woods to take drastic measures to reduce costs in order to [...]

India: Weak log and sawn timber import market

Activity in Gandhidham is slow to recover after the Diwali holidays due to negative sentiment. Log importers and sawmills report [...]

Global container freight rates falling sharply

For more than two years the only way for container shipping prices was up. That trend is now reversing as [...]

High wood prices multiplied the profit of the Czech forest state company

The Czech state company Lesy České republiky (LČR) in the first three quarters of the year multiplied its gross [...]

Concern that increased Turkish wood pellet exports originate from Russia

The European-Union (EU)-imposed ban on imports of woody biomass from Russia has resulted in a seven-fold spike [...]

Sweden’s sawmills expected to further reduce capacity in 2023

    In its latest Forestry Report for 2022, Handelsbanken looks back on the year and writes what [...]

EU Commission agrees sale of Garnica to Carlyle

    The European Commission has cleared under the EU Merger Regulation the acquisition of Spain's Grupo [...]

UK timber demand expected to increase 78% by 2025

      The growing gap between the global supply and demand for timber is creating a [...]