Global weak lumber markets led to reduced sawlog prices
Increased interest rates, higher inflation, and market uncertainty regarding a possible recession in 2023 resulted in reduced housing starts and [...]
April 25, 2023
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Finland: Roundwood price evolution in March
In standing sales in Finland, the average price paid for spruce logs in March was EUR 75.1 and for [...]
April 25, 2023
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Central African countries fails to honor timber export ban
Most members of the Central African Economic and Monetary Community (CEMAC) have failed to comply with a log export ban [...]
April 25, 2023
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IKEA retail announces biggest ever investment in US
Ikea is investing more than $2 billion in the U.S. for growth over the next three years. The [...]
April 25, 2023
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Stora Enso lowers expectations for 2023 due to worsening market outlook
Due to materially lower earnings forecasts for the full year results 2023, Stora Enso’s new guidance is that the [...]
April 21, 2023
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Austria: Log prices fall in April
The sluggish sales of sawn timber in Austria are slowly being felt in the roundwood market as well. Especially in [...]
April 21, 2023
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Swiss Krono plans OSB capacities expansion and shifts investment priorities to W. Europe
After a two-year break due to the pandemic, the wood-based materials manufacturer Swiss Krono is represented at this [...]
April 21, 2023
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Thebault Group to invest EUR 100 million in France’s first LVL plant
The Thebault Group, a French plywood producer, announces the establishment of the first LVL (Laminated Veneer Lumber) manufacturing facility in [...]
April 21, 2023
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EU Parliament approves deforestation regulation
The European Parliament approved on April 19 the deforestation regulation that requires mandatory due diligence from operators and traders selling [...]
April 21, 2023
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Brazilian timber prices rising across the board
As of the end of February, the prices of Brazilian timber have risen across the board. Prices of Brazilian timber [...]
April 21, 2023
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