Forestry

Many Chinese wood and furniture business to relocate factories to Indonesia

59 Chinese investors engaged in the wood and furniture business will relocate factories to Indonesia. The investors plan to relocate [...]

N. American softwood lumber prices going up

    The work stoppage on CN Rail ended - as of mid-day Tuesday - which was soon enough [...]

Falling spruce sawlog prices in Estonia, as bark beetle infestation puts prices under pressure

    The year 2019 is marked by falling roundwood prices in large parts of Central, Northern and [...]

Metsä Group, Stora Enso, and UPM plan 6-day lock-out at sawmills, plywood mills in Finland

Finnish Forest Industries Federation said on Wednesday it would hold a 6-day lock-out from Dec. 12, closing half [...]

Conifex considers asset divestment and restructuring plan in its lumber segment

Conifex Timber Inc. announced that the agent for its lumber segment lenders approved in principle Conifex's proposed asset divestment [...]

Canfor announces 2 week shutdown for all its sawmills

    Canfor is shutting down all 10 of its sawmills currently operating in B.C. over Christmas [...]

Market conditions for U.S. hardwood in the Chinese market improve

Recently, the weakness of the U.S. hardwood industry has not improved, and shipments to China of various types of [...]

Germany: Sales of wood products rise 1Q-3Q 2019 despite challenges

After nine months, the German timber trade sector increase its sales across all assortments by 2.5%.    [...]

Falling prices for sawlogs in Finland

Prices for sawlogs in Finland continued the downward trend in October 2019. The average price for pine sawlogs was EUR [...]

IKEA to acquire forestland in East Texas, doubles US forestlands

IKEA has acquired 42,000 acres of forestland in East Texas to source wood for its furniture.    [...]