Wood Industry Prices

China: Hopes that Covid restriction easing would bring back wood demand

Several major Chinese banks have adopted a government led 16-point rescue plan to extend billions to struggling private developers [...]

Bark beetle blue timber not well received on the European market

    Swedish sawmills have received large quantities of timber attacked by spruce bark beetles, mainly in southern [...]

India: Weak log and sawn timber import market

Activity in Gandhidham is slow to recover after the Diwali holidays due to negative sentiment. Log importers and sawmills report [...]

High wood prices multiplied the profit of the Czech forest state company

The Czech state company Lesy České republiky (LČR) in the first three quarters of the year multiplied its gross [...]

Lumber futures rise on more Canadian sawmill curtailments

US lumber futures rose by the most allowed by exchange rules following Canfor's announcement that it would further curtail [...]

Concern that increased Turkish wood pellet exports originate from Russia

The European-Union (EU)-imposed ban on imports of woody biomass from Russia has resulted in a seven-fold spike [...]

Sweden’s sawmills expected to further reduce capacity in 2023

    In its latest Forestry Report for 2022, Handelsbanken looks back on the year and writes what [...]

North American lumber prices expected to rise next year

The weak market conditions that prompted Canfor's announcement this week of production curtailments at its B.C. and Alberta [...]

EU approves import ban law on products linked to deforestation

    The European Union agreed on Tuesday on a new law to prevent companies from selling into [...]

US lumber prices haven’t been this low since lockdown

   Lumber prices hit their lowest level since June 2020 on Monday as the housing market continues to slow [...]