Ponsse expects weaker operating profit in 2024
Ponsse cuts its guidance for 2024. The company's operating profit in Euro is estimated to be slightly weaker than [...]
April 23, 2024
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Finland: No further strike action for the time being
On Thursday morning, the Finnish Employers' Association SAK's board discussed the current labor market situation and the decisions on [...]
April 23, 2024
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Malaysian timber industry affected by raw material shortages and labour shortages
Raw material shortages present a significant obstacle for the country’s timber industry, particularly the downstream sector, according to the [...]
April 23, 2024
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High timber prices pose challenges for Swedish sawmills
What has driven the price curve to rise in an exceptional way mainly in 2023 is the low timber supply [...]
April 19, 2024
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Estonia: Log prices stable in March, but much lower YoY
The March wood market in Estonia is characterized primarily by price stagnation – there haven't been significant changes, and most [...]
April 19, 2024
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Western Forest Products announces indefinite curtailment of Alberni Pacific Division facility
Western Forest Products Inc. announced the indefinite curtailment of its Alberni Pacific Division facility, located in Port Alberni, British Columbia [...]
April 19, 2024
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Collapsed Baltimore Bridge causing wood product supply-chain disruptions
The 26 March the collapse of Baltimore’s Francis Scott Key Bridge following a collision by a massive container ship [...]
April 19, 2024
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Sanctions are testing the forest industry of Russia’s Karelia
The forest industry of the Republic of Karelia suffers from a lack of machines and spare parts. China has become [...]
April 19, 2024
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Global wood industry outlook still faces economic challenges
The global wood industry faces economic challenges amid sluggish growth in key regions like China, the US, and Europe. Stable [...]
April 18, 2024
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Austria: Sawlog prices facing downward pressure due to market saturation
The Austrian sawmill industry is well stocked with softwood logs, and the market is saturated regionally. The early April foehn [...]
April 18, 2024
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