Forestry

Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills in Finland

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]

Conifex considers asset divestment and restructuring plan in its lumber segment

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]

Canfor announces 2 week shutdown for all its sawmills

    Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas [...]

Market conditions for U.S. hardwood in the Chinese market improve

Recently, the weakness of the U.S. hardwood industry has not improved, and shipments to China of various types of [...]

Germany: Sales of wood products rise 1Q-3Q 2019 despite challenges

After nine months, the German timber trade sector increase its sales across all assortments by 2.5%.    [...]

Falling prices for sawlogs in Finland

Prices for sawlogs in Finland continued the downward trend in October 2019. The average price for pine sawlogs was EUR [...]

IKEA to acquire forestland in East Texas, doubles US forestlands

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture.    [...]

U.S. can‘t show harm from Canadian softwood industry, NAFTA says

A joint NAFTA panel has given the United States three months to rethink its tariffs on imported Canadian softwood lumber [...]

Shortage of logs in China, demand starts to rise sharply

The price for an A grade log in the China log market has risen to 124 per JASm3. There is [...]

Pulp and paper markets in Asia slow down as global economy cools

From January to August 2019, production of paper products and pulp recorded mixed trends across selected markets. Whereas production increased [...]