Estonia: Some sawmills face closure due to fall in demand and high energy prices

Some Estonian sawmills may need to close by year end, at least…

Vietnamese timber exporters struggle to find new markets

Contrary to full orders at the beginning of the year, Vietnamese wood…

Skyrocketing firewood prices, shortages spread across Europe

As gas and electricity prices skyrocket, many households in Europe are turning…

North American softwood lumber prices rise 10%, despite weak housing market

North American softwood lumber prices broke a three-week losing streak and edged higher…

Italian woodworking technologies business revives this year

Italian woodworking technologies recently recorded a positive exporting trend this year. The…

Dieffenbacher to supply particleboard plant to Greenlam South Limited in India

Greenlam South Limited, a wholly owned subsidiary of Greenlam Industries Limited headquartered…

Canada’s softwood lumber export price drops sharply in July

In July, the average price for softwood lumber exported from Canada decreased 15.5% compared to the previous month at $267 per m3. This is 26.8% cheaper than a year ago, when it was $364. Canada’s exports of softwood lumber dipped 2.3% …

German timber trade suffers from high energy costs

In August, the German Timber Trade Association (GD Holz) carried out a survey on the increased energy costs in the timber trade. Of the 33 companies surveyed, the majority (45%) mainly uses wood to generate heat. Followed by gas at 38% … Continue reading → The post German timber trade suffers from high energy costs appeared first on Timber Industry News.

Koskisen to build new wood processing plant in Järvelä, Finland

Koskisen will carry out an investment in Kärkölä worth Euro 48 million, with production scheduled to start up in summer 2023. The new unit’s annual production will initially be 400,000 m3 of softwood sawn timber. The investment is a continuation of … Continue reading → The post Koskisen to build new wood processing plant in Järvelä, Finland appeared first on Timber Industry News.

Outlook for N. American softwood lumber prices for this autumn

In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price of nearby futures was above that price, but the trend remained lower. The current environment favors a consolidation period, and … Continue reading → The post Outlook for N. American softwood lumber prices for this autumn appeared first on Timber Industry News.