Archives: July 2023

Timber prices surge in Finland amid strong demand

In June, standing sales of timber in Finland saw significant price increases. The average price paid for spruce logs was [...]
July 30, 2023 Latest Trends

U.S. Department of Commerce determines duty rate of 7.99% on Canadian softwood lumber

The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate [...]
July 29, 2023 Latest Trends

The US forecast to become a net exporter of softwood lumber in five years

The US is expected to become a net exporter of softwood lumber in overseas trade and overtake Canada as North [...]
July 28, 2023 Latest Trends

Forest growth and policy trends point to declining European wood production

Current harvest levels in most European countries are still well below increment. In fact, drawing on Eurostat data, the [...]
July 28, 2023 Latest Trends

West Fraser expects similar lumber shipments this year

West Fraser Timber expects its lumber shipments in 2023 will be similar to 2022. On 2023 lumber shipments:  [...]
July 28, 2023 Latest Trends

Wood prices collapse drastically in Germany – market completely out of joint

 Wood prices in Germany fall drastically. Sales falter. The market is out of joint. Many sawmills only pay mixed [...]
July 27, 2023

Bergs Timber to close a sawmill in Estonia

Bergs Timber decided to close the sawmill in Estonia that is operated in the subsidiary Laesti. The background is weak [...]
July 27, 2023 Latest Trends

Capacity will continue to be reduced, says UPM’s CEO

The scarcity of raw wood affects the plans of forest companies more and more concretely. According to UPM's [...]
July 27, 2023 Latest Trends

New Zealand’s timber market highly impacted by China’s lack of demand

In the wake of a significant export market crash just a month ago, the New Zealand timber industry found itself [...]
July 27, 2023 Latest Trends

Latvia’s wood product exports falling rapidly as prices cool

Latvia's wood product exports have fallen by more than 20% in the first five months of the year, and [...]
July 25, 2023 Latest Trends