Latest Trends

China plans a US$ 1.5 billion timber processing complex in Russia

China plans to invest up to 10 billion yuan (about $ 1.5 billion) in a timber processing complex in the [...]

Stora Enso notices oversupply in the sawn timber market

Finnish-Swedish forest industry company Stora Enso is preparing for oversupply in the sawn timber market.     [...]

China: Downward trend for furniture trade

According to data from China Customs, in the first half of 2018 the value of China’ s furniture exports was [...]
November 26, 2018 Latest Trends / Market Analysis / ...Wood Furniture / China

Roundwood prices in Estonia continue to grow through September

    The sharp rise in roundwood prices in Estonia at the beginning of the year consolidated in [...]

Georgia-Pacific announced the closure of its Warm Springs plywood facility

Georgia-Pacific announced plans to close its Warm Springs plywood production facility, resulting in the loss of about 300 jobs [...]

Outlook of the Chinese furniture industry

The furniture industry in China is a traditional industry and it has developed rapidly over the past 30 years. Large [...]

Canfor buys 70% of Swedish sawmill company VIDA

    Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA [...]

Singapore company invests $200 million in a wood processing complex in Russia’s Far East

Singapore's KGK Sudima International Pte Ltd plans to open a high-tech wood processing complex in the Russian Far [...]

Russia increased softwood lumber exports during Jan.-September 2018

In January-September 2018, Russia increased its softwood lumber exports, both in value and in volume terms, indicate the statistics [...]
November 20, 2018 Latest Trends / Market Analysis / ...Forestry / Sawmilling / Russia

Canada: High log prices and low supply drags production curtailments at many lumber companies

    Hundreds of sawmill workers are being laid off in B.C., some of them permanently, despite [...]