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China: Rise in CIF prices for lumber imports

CIF prices for China’s lumber imports from most suppliers rose in the…

Sweden’s sawn timber market expected to be hot this autumn

Wood prices in Sweden are now at or close to peak level,…

China: August review of the softwood log market

China softwood log inventory has remained stable at about 4.6 – 4.7m. Fresh pine logs are sold quickly after arrival in China, but some older stock is not moving. The current demand is in balance with supply and log buyers … Continue reading → The post China: August review of the softwood log market appeared first on Timber Industry News.

Ukraine war creates new opportunities in the EU market for some tropical wood products

Between April and June this year, EU27 import value of tropical wood…

Softwood supply in UK far in excess of demand

UK softwood trading has continued its subdued trend into August with supply far in excess of demand. As always, importers and quay distributors are trying to force landed stock into the merchant sector by dropping prices, but these reductions have …

N. American lumber prices fall to new low as housing market continues to cool off

North American lumber prices fell 4% to a new 2022 low on Tuesday as the housing market continues to cool off. The decline came on the same day Goldman Sachs warned that it expects a continued decline in the housing …

Canfor to curtail production at its sawmills in Sweden

Canfor Corporation announced that effective September 12, 2022, it intends to reduce operations at its Swedish facilities due to a decrease in market demand. According to the press release, the reduced operating schedule will result in a 15% decrease in … Continue reading → The post Canfor to curtail production at its sawmills in Sweden appeared first on Timber Industry News.

The European timber market to face multiple new normals

Inventory levels at most European lumber mills were running low at the start of 2021. By the middle of the year, there was a sudden surge in demand for wood and wood products across Europe, mainly in France.

Latvia: The price of wood has experienced unprecedented fluctuations

In the first half of 2022, the price of wood in Latvia has experienced unprecedented fluctuations, starting with atypical price changes to unfulfillable foreign demand for Latvian wood, according to the information gathered by the experts of the largest forest … Continue reading → The post Latvia: The price of wood has experienced unprecedented fluctuations appeared first on Timber Industry News.

Sanctions dramatically bring down wood product manufacturing in Russia

In July, wood products manufacturing in Russia fell 20.4% y-o-y according to data published by the Russian government statistic agency Rosstat. Since July 10, exports of wood products from Russia and Belarus to the European Union has completely stopped due … Continue reading → The post Sanctions dramatically bring down wood product manufacturing in Russia appeared first on Timber Industry News.