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Global Trends

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Lumber prices fall as US mortgage rates hit 14 year high

North American lumber prices fell Wednesday as US mortgage rates hit the highest…

Bergs closes Broakulla mill in Sweden

After a strategic review of the operations in Bitus AB, a subsidiary of…

European softwood lumber exports to US double yoy; export prices fall

European softwood lumber exports to the USA almost doubled in the first…

US timber industry claims that Canadian softwood producers receive climate subsidies

A group led by the US Lumber Coalition has unleashed a new…

EU Parliament recognizes primary woody biomass as a renewable energy source; forest biomass not

The European Parliament voted on14 September to recognize primary woody biomass as…

Sweden: Vida Group says electricity price will affect its production over time

For Sweden’s largest sawmill group, Vida, a price increase of SEK 1/kWh…

New EU Forest Strategy welcomed by European wood industries

CEI-Bois & EOS welcome the new EU forest strategy passed on Tuesday…

Weyerhaeuser reports work stoppage in Oregon and Washington due to strikes

According to an announcement by Weyerhaeuser on Tuesday, a work stoppage by…

UK working group signals likely impact of rising energy costs on timber prices

Rising energy costs are likely to affect timber prices in Q4 and…

EU Parliament groups rally behind plans to end biomass subsidies

The three largest political groups in the European Parliament have backed proposals…