Latest Trends

Indian plywood industry back to pre-pandemic levels

The nearly 500 plywood manufacturing units in South India such as Kerala and Andhra Pradesh have returned to near normality [...]
September 8, 2023 Latest Trends

Latvia’s forest industry faces challenges in 2023: declining export revenue and sanctions impact

In the first half of this year, Latvia's forest industry faced challenges as its export revenue amounted to 1 [...]
September 7, 2023 Latest Trends

North American softwood lumber prices defy the most recent surge in mortgage rates and rise 10%

-N. American softwood lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market.  [...]
September 7, 2023 Latest Trends

Germany: Wood pellets expected to remain cheap by 2035

According to a forecast by the Federal Ministry of Economics, wood pellets will remain cheap in Germany until 2035. Reliable [...]
September 7, 2023 Latest Trends

China: Fall in CIF prices for softwood lumber imports continues

According to data from China Customs, in the first half of 2023 lumber imports totalled 14.31 million cubic metres [...]
September 7, 2023 Latest Trends

Sales in the German timber trade are declining due to downturn in construction

The German timber trade is feeling the effects of the downturn in construction. The timber trade in Germany is [...]
September 6, 2023 Latest Trends

ETTF issues EUDR guidance for timber exporters

The European Timber Trade Federation (ETTF) has recently released comprehensive guidance pertaining to the European Union Deforestation Regulation (EUDR) for [...]
September 6, 2023 Latest Trends

Stora Enso continues restructuring plans

Stora Enso has progressed with its restructuring actions, announced on 15 June 2023, aimed at strengthening the Group’s long [...]
September 6, 2023 Latest Trends

Estonian timber companies in tough position due to economic downturn

Due to the general economic downturn, export volumes for timber companies in southeastern Estonia have fallen. Timber companies that sell [...]

Canadian wildfires could affect future log and timber availability

Wildfires burning in the Northwest Territories and British Columbia are exacerbating what was already by far the fiercest wildfire season [...]
September 5, 2023 Latest Trends