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Daily News
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June 1, 2023
UPM is tuning up wood procurement from Germany for its biorefinery
Starting next year, half a million cubic meters of German beech will be processed into, for example, raw material for plastic drinking bottles and Lego blocks.... Continue reading
Wood Industry Prices
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May 29, 2023
New Zealand: Log export prices hit lowest level in nearly a year
New Zealand's export log prices have experienced a significant decline, reaching their lowest point since July last year. There was a decrease of an average of $22 per JASm3 at Wharf Gate (AWG) prices for export logs in May after decline $20-25 per JASm3 in April.... Continue reading
Market Analysis
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May 30, 2023
EUDR: Overview and key considerations for companies
The European Union has adopted the new EU Deforestation Regulation, whereby applicable companies must implement a rigorous due diligence process to ensure that certain products and commodities sold in or out of the EU are not the result of, or have led to, deforestation or forest degradation.... Continue reading
By Area
Global Trends
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May 30, 2023
Russian timber exports witness steep decline as EU sanctions take effect
Foreign sales of Russian timber experienced a further decline in the first quarter of this year, dropping by over 20 percent to 4.5 million cubic meters. The drop is primarily attributed to the sanctions imposed by the European Union (EU) against Russia due to its military operation in Ukraine. Previously, the European Union had been a significant importer of Russian timber, making this decline... Continue reading
Companies & Products
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May 30, 2023
Södra anticipates rising timber demand in summer and autumn and raises prices
Södra is now carrying out price increases on several timber ranges. For example, the price of spruce timber and softwood will be increased by ten and fifteen percent, respectively.... Continue reading
Industry Events
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May 22, 2023
LIGNA closes with 80,000 visitors during its 5-day run
Over its five-day run, from May 15 to 19, LIGNA 2023 featured a plethora of innovations, inspiration and networking. More than 1,300 companies from 50 different countries presented their solutions for the wood industry, the furniture-making industry, the woodworking trades and the primary sector. The focus was on the two megatrends of sustainability and digitization. The response from... Continue reading
