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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 Q1 2023, according to the latest statement from UK’s Construction Leadership Council’s Product Availability working group. Working group co-chairs John Newcomb, CEO of the Builders Merchants Federation, and Peter … Continue reading → The post UK working group signals likely impact of rising energy costs on timber prices appeared first on Timber Industry News.

Poland’s wood industry calls for change in State Forests’ sales policy

Organizations representing entrepreneurs in Poland’s timber industry whose existence depends on the availability of wood raw materials, appealed the Polish State Forests for changes that will stop the soaring prices. The drastic increase in average wood prices caused by the … Continue reading → The post Poland’s wood industry calls for change in State Forests’ sales policy appeared first on Timber Industry News.

Finland: Signs of revival in roundwood prices at the end of the holiday season

There are clear signs of revival in Finland’s wood prices compared to the beginning of the year, estimates The Finnish Forest Industries Federation (Metsäteollisuus ry). According to the federation, the wood trade has started to pick up quickly after the holiday … Continue reading → The post Finland: Signs of revival in roundwood prices at the end of the holiday season appeared first on Timber Industry News.

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 temporarily, as a fall in demand has hit timber producers at a time of soaring energy prices. Sawmills are also facing competition from energy firms making the switch … Continue reading → The post Estonia: Some sawmills face closure due to fall in demand and high energy prices appeared first on Timber Industry News.

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…

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…

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

North American softwood lumber prices broke a three-week losing streak and edged higher on Friday, extending its three-day rally to as much as 10% at $506 per thousand board feet. The gains come despite continued headwinds in the housing market, particularly …