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Market Analysis

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Latvia: Wood prices have reached a temporary low, no further falls expected

Latvian wood processing company SIA “Kronus” predicts for the fourth quarter of…

N. American wood products market expected to rise sharply by 2026

The North American wood products market is forecasted to reach $243.9 billion…

The capacity utilization rate of Russian timber companies is less than 50%

The sharp drop in Russian timber product exports following the imposition of…

Estonia: Softwood log prices continue to fall in Q3/2022

The ongoing war in Europe and the energy crisis caused by Russia…

Ocean freights drop sharply as global trade slows down

In 2021, the skyrocketing shipping prices have made the world’s major shipping…

Indonesia slows wood product exports to China and US

According to data recently released by the Indonesian Ministry of Environment and…

Global trade of softwood lumber down 10%

Global trade of softwood lumber fell about 10% in the first half…

Housing market gloom puts North American sawmills at risk

A pall in North America’s housing market is slashing demand for lumber…

UK: Uncertain timber market conditions expected in 2023

The Timber Development UK (TDUK) annual market conference in central London was…

Western Forest Products sees N. American housing market supporting lumber demand

Western Forest Products Inc. reported third-quarter results on Thursday. The company sees…