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Archives: May 2019

China: Railway deliveries expected to sharply reduce timber imports through ports

How will the competition between railway transported timber and port timber affect the market structure in China? Some market participants [...]

Interfor curtails production in BC Interior due to low lumber prices and high log costs

    Interfor announced plans to temporarily reduce production across its operating platform in the BC Interior during [...]

Metsä Fibre progresses plans for 750,000 m3/year pine sawmill in Rauma, Finland

Metsä Fibre, part of Metsä Group, has awarded ÅF Pöyry with the pre-engineering assignment for new bioproduct mill [...]

Stora Enso inaugurates new cross laminated timber production unit

Stora Enso’s investment in a new production unit for cross laminated timber (CLT) at Gruvön sawmill in Sweden [...]

China: Higher prices for imported softwood lumber since the beginning of the year

Average price for imported softwood lumber in China in April was $180 per m3, a decline of 6.1% since [...]

Many sawmills in BC are expected to close in the next decade

British Columbia’s shrinking timber supply will attract approximately 12 sawmills to be closed in the next decade, following Tolko [...]

Vietnam’s wood products exports up 18.3% in the first four months

Export turnover of Vietnam's wood and wooden products reached nearly US$3.12 billion in the first four months [...]

Italian Fantoni Group has ceased MDF production at Novolegno plant

At the end of February, the Italian wood-based panels manufacturer Fantoni discontinued MDF production at its Avellino site, which [...]

Arauco’s sales of wood products impacted by US-China trade war

Net income for Arauco, one of the world’s largest forestry companies, reached USD 126.1 million in 1Q-2019 [...]