Archives: April 2024

Q1/2024 strikes hit Finnish forestry giants profits hard

Finnish forestry giants Stora Enso and Metsä Group reported high profit losses due to political strikes in the first quarter [...]
April 30, 2024 Latest Trends

China log market stabilizes in April

The China log market witnessed a period of stabilization over the past month, following a significant downturn. While there have [...]
April 30, 2024 Latest Trends

Trade court orders U.S. DoC to redo countervailing duties on Canadian lumber

The U.S. Court of International Trade ordered the U.S. Department of Commerce to redo countervailing duties on Canadian [...]
April 30, 2024 Latest Trends

The forecast for British Columbia’s forestry sector in 2024 is far from optimistic

Throughout much of 2023, Canadian lumber output saw a significant decline, exceeding 20% compared to the previous year, particularly noticeable [...]
April 30, 2024 Latest Trends

Plywood production and prices going up in Russia

in March 2024, the monthly volume of plywood produced in Russia exceeded 300 thousand m³ for the first time in [...]
April 30, 2024 Latest Trends

Global lumber prices experience 20% fall in one month

Lumber prices on the world market fall by 20 percent in just 4 weeks. This means that lumber costs around [...]
April 26, 2024

Timber prices continue to rise in Sweden

The delivery wood prices for both sawlogs and pulpwood increased during the first quarter of 2024 compared to the last [...]
April 26, 2024 Latest Trends

Canfor expresses ongoing interest in Chinese market despite current challenges

Canfor has expressed ongoing interest in the Chinese market despite global economic uncertainties. Last week, company executives, including President and [...]
April 26, 2024 Latest Trends

West Fraser Timber expects total lumber shipments in 2024 similar to 2023 levels

West Fraser Timber's Q1 2024 sales were $1.627 billion, compared to $1.514 billion in the Q4 2023 [...]
April 26, 2024 Latest Trends

Wood prices fall sharply in April – German forest owners sound the alarm

Wood prices in Germany are falling in April. The reason: supply exceeds demand. For various reasons. In addition, the current [...]
April 24, 2024 Latest Trends