Market Analysis

Brazil doubles plywood exports to EU

In June, Brazilian exports of plywood to the European Union jumped 93% year-on-year to 76 thousand m3. The [...]

Russian timber exporters seek new markets in Middle East and Asia

    The Russian Ministry of Industry and Trade recently told local media that the Middle East, Asia [...]

European sawmills expect tough months ahead

    On June 16, the European Sawmill Association EOS met in Skellefteå in northern Sweden for its [...]

New Zealand log export prices to China fall more than 20% in June

A weaker timber market in China, rising transport costs and exchange rate impacts have contributed to a drop of more [...]

Will the production of wood pellets be stopped in Russia due to sanctions?

    Starting July 10, the Russian wood pellet exports to Europe will be completely stopped. From this [...]

North American softwood lumber prices start to rise again

     North American softwood lumber prices surged more than 7% on Thursday as mortgage rates fell for [...]

Because of sanctions against Russia, firewood is becoming a new energy source for European countries

    The surge in gas and electricity prices has sparked interest in Europe for a long-forgotten [...]

European buyers showing more interest in African timbers

Producers in the Central/West African region are reporting firm demand for padouk, okoume, ovangkol and even gheombi, a timber [...]

Rising costs cast doubt on Vietnamese wood companies growth prospects

As wood export turnover is rebounding with rising demand in the domestic market, the revenues of Vietnamese wood enterprises are [...]

UFP Industries acquires 50% stake in Dempsey Wood Products, LLC

    UFP Industries (UFPI) announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in [...]