Archives: August 2020

Prices for New Zealand logs crash due to slow demand in China

    Prices for New Zealand logs are 12 percent below the five- year average on the back [...]

Wood furniture production in EU sliding even before pandemic

Newly released Eurostat data indicates that the value of EU27+UK wood furniture production was €42.5 billion in 2019 [...]
August 28, 2020 Latest Trends / Market Analysis / ...Europe

Bad prospects in the German and Austrian forests due to calamities and coronavirus

    The first half of the year was extremely bad for the majority of Austrian and German [...]

Belarus to export wood pellets to the European market

    Belarusian wood pellets will be exported to the European Union market, the press service of the [...]
August 28, 2020 Latest Trends / Market Analysis / ...Wood Energy / Europe

Estonian Kaamos Timber builds a new sawmill in Belarus

The Estonian wood industry company Kaamos Timber entered into a loan agreement with the European Bank for Reconstruction and Development [...]

Finland’s forest industry will overpass the coronavirus pandemic, despite production decreases

The coronavirus pandemic has increased demand for certain forest industry products, such as tissue paper and packaging material. However, that [...]

Global construction activity expected to further slow due to Covid-19

Global construction activity contracted across all region in Q2 due to the lockdowns to control the spread of the COVID [...]

German exports of logs at record pace

    Germany continued to export logs at record pace in early 2020, with almost 50% of the [...]

Vietnam’s wood products export up 6.2% in 7 months

Vietnam exported nearly 6.1 billion U.S. dollars of wood and wood-based products in the first seven months [...]

Norbord resumes operations at Line 1 of its Cordele OSB mill

    In their second quarter earnings report, Norbord announced that due to accelerating demand for OSB in [...]