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German timber trade suffers from high energy costs
In August, the German Timber Trade Association (GD Holz) carried out a survey on the increased energy costs in the timber trade. Of the 33 companies surveyed, the majority (45%) mainly uses wood to generate heat. Followed by gas at 38% … Continue reading →
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Outlook for N. American softwood lumber prices for this autumn
In August, the lumber futures price did not fall below the August 2021 $448 low. On September 1, the price of nearby futures was above that price, but the trend remained lower. The current environment favors a consolidation period, and … Continue reading →
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Germans are looking to firewood for energy as gas prices soar
Skyrocketing prices for natural gas have Europeans scrambling for alternative energy sources. In Germany, where households face a 480 euro rise in their gas bills, people are resorting to stockpiling firewood. The fallout from Russia’s invasion of Ukraine has sunk … Continue reading →
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Austria: Sawlog prices significantly reduced
The Austrian sawmill industry is currently sufficiently stocked with logs and damaged wood is increasing. Due to the hot, dry summer, there is a correspondingly large amount of wood damaged by bark beetles, or resulted from storms. Although Upper Austria … Continue reading →
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Wood pellet capacity continues to expand in N. America
Global wood pellet demand continues to soar, with tight market conditions likely to spur significant investments in new production facilities around the world. Demand growth from 2020-’21 outpaced supply growth by approx. 10% (18.2% versus 8.4%, respectively), according to market … Continue reading →
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Softwood lumber prices continue to drop in North America
Lumber prices usually drop around Labour Day (September 05) then keep falling until US Thanksgiving (late November), which normally marks the lowest prices of the year for wood products. Of course, we have not been in a normal year since … Continue reading →
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