Archives: November 2020

EU tropical timber imports stronger than expected

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$1.98 [...]

Russia’s role as one of the world’s largest exporter of softwood log ended by export ban

   Softwood log exports from Russia have been in steady decline for the past 15 years and could reach [...]

US plywood market sees encouraging signs

US plywood markets remain quiet and slow on the buy side, over all. Though there are encouraging signs in the [...]

Sharp fall for UPM’s profits in Q3/2020

Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter.    [...]

North American softwood lumber prices drop sharply, but remain high

    “What goes up must come down,” as the saying goes. Particularly when talking about markets. After [...]

Setra to sell its Rolfs sawmill to Stockhult Holding

There have been many trips around Setra-owned Rolf's sawmill in Kalix, Sweden which were finally closed down after [...]

Russia: Plywood producer Sveza bets on Asia and doubles sales in 2020

Despite difficult economic conditions, Russian plywood producer Sveza managed to double its sales in East and Southeast Asia.   [...]

Sweden: Autonomous forest machine ready for testing in Sweden

     In Sweden, researchers at Luleå University of Technology (LUT) have designed and built an autonomous forest [...]

Major investments in the Brazilian forest sector by 2023

Companies associated with the Brazilian Tree Industry (Ibá), which represents the planted tree sector in Brazil, plan to invest BRL [...]

Canfor’s CEO: Record lumber prices trend expected to continue

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high [...]