Month: October 2023

148 posts

Global wood prices continue to fall

The global wood market is also going down steeply. The problems on…

ETTF GA: 2024 Outlook for the European wood markets is cautious but overall optimistic

The last ETTF General Assembly was held in Vienna on October 13.…

Low demand for softwood sawlogs in Germany

The demand for softwood sawlogs in Germany is differentiated: While domestic demand…

BSW Timber receives green to build sawmill in Wales

BSW Timber recently received the green light from Powys County, Wales, for…

What limits the export of Russian lumber to India?

According to the timber industry holding Segezha Group, the reason for the…

Bergs Timber receives public takeover offer from Norvik

Norvik hf, through its subsidiary Kivron AB, has publicly announced a takeover…

Pine and spruce log prices continue to decrease in Germany

Germany’s timber market is witnessing a sustained decline in the prices of…

Weyerhaeuser profit falls as wood products sales fall

U.S. timber giant Weyerhaeuser reported a fall in third-quarter profit on Thursday,…

Homag plans production capacity adjustments

In response to a significant decrease in order intake at Homag, coupled with…

US Housing Market September & Softwood Lumber Prices October: 2023

US homebuilding bounced back in September 2023, after dropping in August to the lowest levels since 2020 as mortgage rates climbed. Despite elevated mortgage rates averaging above 7%, single-family starts posted a gain in September, according to the National Association of Home Builders, which says more buyers are turning to new homes because of a dearth of […] The post US Housing Market September & Softwood Lumber Prices October: 2023 first appeared on Madison’s Lumber Reporter.