Archives: August 2023

Log prices start to rise in China as supply tightens

Log prices are increasing in China as log demand remains steady and buyers react to tightening supplies. Inventory of [...]
August 3, 2023

European housing cools down – wood prices fall

Fewer homes will be completed in Europe by 2025. In Germany, a decline of 32% is to be expected.  [...]
August 3, 2023 Latest Trends

European Commission establishes new limit for formaldehyde emission

The European Commission has established a new limit for the concentration of formaldehyde in the air of "living environments": the [...]
August 3, 2023 Latest Trends

European sanctions hit Northwest Russia’s timber companies

Compared with last year, the volume of timber harvested and processed by timber companies in Northwest Russia has decreased by [...]
August 3, 2023 Latest Trends

European lumber exports have emerged as the success story of 2023 thus far

A record pace in European softwood lumber exports to the US through April spearheaded a worldwide expansion in overseas shipments [...]
August 1, 2023 Latest Trends

Estonia: Two sawmill closures create uncertainty for the timber industry

The drawn-out discussion around forest management is creating uncertainty in the Estonian timber sector which is impacting businesses, the [...]
August 1, 2023 Latest Trends

N. America: Strong demand results in price rebounds for many lumber items

While the lumber outlook in North America was bearish a few months ago, recent changes in the market have led [...]
August 1, 2023 Latest Trends