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Archives: March 2022

North American lumber rally cools; futures tumble below 1,000$

North American lumber headed for its biggest weekly loss since July as transportation snarls that sparked a rally start to [...]

US may impose 50% tariffs on Russian birch plywood

The U.S. House of Representatives passed legislation that would end normal trade relations with Russia.     [...]

UK to apply 35% additional import tariffs on Russian wood products

    The UK government has added a 35% additional import tariff on Russian and Belarusian wood products [...]

Stora Enso plans to divest four paper sites in Europe

Stora Enso has initiated a sales process for a possible divestment of four paper production sites. In line with Stora [...]

North American lumber prices fall 22% in March as housing market cools

   North American lumber prices have fallen 22% from their early March peak as the housing market shows signs [...]

Latvia’s timber industry heavily impacted by trade suspension with Russian and Belarus

Sanctions of the European Union (EU) and other countries against Russia and Belarus will also affect the Latvian timber industry [...]

UK softwood import market expected to be affected by shortages

As Russian and Belarussian wood products have fallen under legal sanctions, and already leading UK importers are refusing any new [...]

Finland: Roundwood price overview in February 2022

Roundwood trade in Finland continued at a slow pace in February. The trade of industrial roundwood decreased 23 percent from [...]

U.S. softwood lumber imports from European suppliers fell sharply in the Q4/2021

U.S. softwood lumber imports from offshore suppliers fell sharply in the fourth quarter, extending a second-half fade after [...]