Market Analysis

UK’s softwood lumber imports up 43%

Seven months into 2021 and volumes of lumber and panels imported by the UK were nearly 2 million m³ higher [...]

Sharp decline in demand for softwood lumber in Germany; sawmills adjust production

    The corona lockdown, drought and forest damage in 2020 was followed by extreme demand in spring [...]

Recent resurgence in US lumber prices expected to continue through early 2022

The price of lumber has seen a resurgence, which analysts expect will continue through early 2022.     [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

Sierra Pacific completed acquisition of Seneca

Sierra Pacific Industries has completed its acquisition of Seneca, giving the forest products producer more than 2.3 million acres [...]

Price of Finnish lumber seeks balance

    Demand for Finnish lumber this year has been supported by favorable developments in construction investment in [...]

Vietnamese wood processors shut down temporarily

    Although Vietnam’s wood and wood exports grew by more than 62% (year-on-year) in [...]

Binderholz to take over BSW Timber

The Binderholz Group intends to take over BSW Timber Ltd., the largest forestry and sawmill company in Great Britain. An [...]

Lumber prices in US are rising again fast

    On Friday, the price per thousand board feet climbed another 5% to $494. Since bottoming out [...]

The price of logs in Finland expected to rise 12% this year

    The Finnish timber market will pick up significantly this and next year, says the Finnish Pellervo [...]