Stora Enso: Wood trade is brisk at the end of the year
Stora Enso informs us that wood sales will continue in full swing for the rest of the year until the [...]
November 9, 2023
Latest Trends
Homag cuts 600 jobs as order intake falls 32%
Between January and September 2023, the HOMAG Group's order intake fell by 32% to €968 million. In terms [...]
November 9, 2023
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US housing demand expected push lumber prices higher in 2024
Lumber prices have somewhat stabilized this year after years of unusual volatility during the pandemic, making it easier for B [...]
November 7, 2023
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Canadian big 3 lumber giants continue face softening lumber demand and lower prices
Canadian lumber industry's first 3 major players, Interfor Corporation, West Fraser, and Canfor Corp., continue to grapple with a [...]
November 7, 2023
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UK timber imports saw steady growth heading into Q3
July was the second consecutive month that UK timber imports were higher than in 2022. Import volumes across all [...]
November 7, 2023
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Large sawmill to close down in Finland
The forest company MM Kotkamills is closing down its sawmill operations in Kotka, Finland and laying off 64 employees from [...]
November 7, 2023
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Consistent log demand in China counterbalanced by unusually low inventory levels
Log demand in China remains steady and log inventory is at extremely low levels. However, the log buyers are not [...]
November 3, 2023
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Vietnamese wood processors awaiting market recovery
Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs and slow VAT tax refunds [...]
November 3, 2023
Latest Trends
Demand remains firm for tropical hardwoods in North American markets
Despite a modest slowdown in new orders, the demand for tropical hardwoods remains robust in North American markets, particularly in [...]
November 3, 2023
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UPM Plywood’s Q3 performance in the red due to lower delivery volumes
UPM Plywood reported a decrease in comparable EBIT for Q3 2023 compared to both Q3 2022 and Q2 2023. Lower [...]
November 3, 2023
Latest Trends
