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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 …

Skyrocketing firewood prices, shortages spread across Europe

As gas and electricity prices skyrocket, many households in Europe are turning to firewood as an alternative heating source this winter. But the surge in demand and supply cuts from Russia are pushing up prices and causing shortages, threatening to … Continue reading → The post Skyrocketing firewood prices, shortages spread across Europe appeared first on Timber Industry News.

Vietnamese timber exporters struggle to find new markets

Contrary to full orders at the beginning of the year, Vietnamese wood and wooden furniture enterprises are currently facing many difficulties due to the cancellation of orders by customers because of inflation in countries such as the US and the … Continue reading → The post Vietnamese timber exporters struggle to find new markets appeared first on Timber Industry News.

EU Parliament groups rally behind plans to end biomass subsidies

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