Archives: January 2022

U.S. sawmill production fails to meet housing demand for lumber

Insufficient production is causing an unprecedented spike in US lumber prices as sawmill output fails to keep up with consumer [...]

EU plywood market outlook: import prices rise sharply

    In Q1-Q3 2021, plywood import prices in the EU jumped by 26% compared to 2020 [...]

Chinese softwood lumber imports drop 26% in 2021

    China’s imports of softwood lumber in 2021 declined by -26.2% year-over-year to [...]

EU to challenge Russian wood export restrictions at WTO

    The EU is requesting consultations with Russia at the World Trade Organization (WTO) concerning export restrictions [...]

Swedish Setra reports booming sales and profits for Q4/FY 2021

The Swedish wood products company Setra reported an operating profit of SEK 1.6 billion (€154 million) for 2021 - after [...]

Massive investment plans in the France’s wood industry

French President Emmanuel Macron has officially announced a "France 2030 Investment Plan" with a total investment of 30 billion euros [...]

Strike at UPM factories in Finland to be extended

As there seems to be no prospect of rapprochement between UPM and Paperiliitto, the union has announced an extension of [...]

Germany’s timber industry has positive market expectations for 2022

A survey of member companies of the German Timber Trade Federation (GD Holz) paints a rather positive picture of market [...]

Chinese timber import market faces a complicated 2022

    At the beginning of the new year, the Chinese timber industry is waiting for the market [...]

Rising roundwood prices in Finland

    Spruce logs prices in Finland reached an average of EUR 65.2 per cubic metre in [...]