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Global Trends

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India: Weak log and sawn timber import market

Activity in Gandhidham is slow to recover after the Diwali holidays due…

Precious Woods to close sawmill in Gabon due to high costs

Unexpectedly high cost increases in Gabon have forced Precious Woods to take drastic measures…

PEFC extends Russian and Belarusian conflict timber “indefinitely”

The Programme for the Endorsement of Forest Certification (PEFC) has clarified that…

Lumber futures rise on more Canadian sawmill curtailments

US lumber futures rose by the most allowed by exchange rules following…

Concern that increased Turkish wood pellet exports originate from Russia

The European-Union (EU)-imposed ban on imports of woody biomass from Russia has…

Sweden’s sawmills expected to further reduce capacity in 2023

In its latest Forestry Report for 2022, Handelsbanken looks back on the year and…

EU Commission agrees sale of Garnica to Carlyle

The European Commission has cleared under the EU Merger Regulation the acquisition…

North American lumber prices expected to rise next year

The weak market conditions that prompted Canfor’s announcement this week of production…

UK timber demand expected to increase 78% by 2025

The growing gap between the global supply and demand for timber is…

Russian timber companies fallen into serious losses; ask for government help

A few days ago, the Russian timber industry, through regional officials, asked…