EGGER Group cautious on outlook as H1 2024/25 sales hit €2.1bn
The EGGER Group has announced that it closed H1 of the 2024/2025 financial year with consolidated sales of €2 [...]
January 8, 2025
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Global shipping companies raise rates after New Year
Recently, many world-renowned shipping companies have announced that they will raise shipping rates across the board from January 1 [...]
January 8, 2025
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Log demand remains subdued in China; wait-and-see mode until CNY
Everybody involved in log markets around the world will be waiting to see what happens to the balance between supply [...]
January 7, 2025
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US lumber prices rebound in December driven by demand
US lumber prices have rebounded to around $560 per thousand board feet, up from a seven-week low of $531 [...]
January 7, 2025
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Latvia: The winter period will not be particularly favorable for the timber industry
This year, the situation in the timber industry will largely depend on the European Central Bank's (ECB) decisions on [...]
January 7, 2025
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Conifex expands loan for sawmill operations, sees rising lumber prices
Conifex Timber Inc. has updated its credit agreement with PenderFund Capital Management, increasing its secured term loan to $41 million [...]
January 7, 2025
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Allegheny Wood Products in process of selling sawmills and kilns
Allegheny Wood Products (AWP) is continuing to sell its hardwood sawmills and kilns in West Virginia and Pennsylvania. AWP was [...]
January 7, 2025
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Swedish company raises log prices significantly
The latest price increase for logs comes from the Central Sweden Forest Owners' Association, Mellanskog, which announced yesterday that it [...]
December 20, 2024
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Austria: Increasing prices for softwood sawlogs in December 2024
Despite weak sales markets for softwood lumber and a continued decline in building permits, the demand for softwood sawlogs in [...]
December 20, 2024
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Proposed tariff hikes on US wood imports could raise domestic prices
Higher tariffs proposed by President-elect Donald Trump could significantly impact the wood products sector, potentially increasing import taxes on [...]
December 20, 2024
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