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Archives: November 2021

Kastamonu to become fifth global largest panels producer with new mega MDF project

    Kastamonu Entegre has placed an order with Siempelkamp for an MDF plant featuring the longest continuous [...]

Germany: No lumber shortages at the moment; price level again competitive

In the first half of 2021, the German market for lumber was characterized by enormous price increases and, at times [...]

French oak industry faces biggest supply crisis in history

The supply situation of oak logs to French sawmills continues to deteriorate dangerously as exports to China are rising considerably [...]

DOMOTEX cancelled in January 2022 due to recent Covid-19 evolution

Deutsche Messe, the organiser of DOMOTEX, the trade show for carpets and floor coverings, has announced that DOMOTEX will not [...]

Vietnamese wood processing industry sees recovery in production

The Vietnamese wood processing industry has recently seen a recovery in production after the fourth outbreak of Covid-19.  [...]

Lumber prices jump as storm blocks British Columbia’s roads and rail

Washed out roads and blocked rail tracks in Canada’s westernmost province are fueling a lumber price rally as key [...]

Swedish sawmills plan to limit lumber production due to reduced demand

Following Vida's announcement now Södra Wood announced that it will slow down production in December. The reason stated [...]

Q3 profits collapse for North American lumber giants

The combined net profits of the five largest publicly traded North American lumber producers (Canfor in British Columbia; Interfor in [...]

EU recovery expected to continue but significant downside risks are emerging

Longer term market prospects in the EU27 look reasonable as the economic expansion in the region is expected to continue [...]

EU plans to ban wood, wood products coming from countries with deforestation risk

Under new rules unveiled on Wednesday, the European Commission plans to ban the sale of agricultural products made in deforested [...]