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Archives: April 2022

China: Cargo backlogs in Shanghai could cause next supply chain shockwave

Concern is growing that the spread of COVID cases and city lockdowns in China will have massive downstream effects for [...]

EU expands sanctions to Russian paper products

The European Union has expanded the package of sanctions against Russia to include trade in paper, cardboard and pulp.  Depending [...]

Swedish wood industry expects large rise in exports to China and the USA in the next 3 years

When the Swedish wood industry looks to the next three years, a large increase in exports is forecast. China and [...]

European veneer consumption rebounds sharply in 2021

Consumption of hardwood veneers in the EU27+UK was already falling in 2019 before the onset of the pandemic driven [...]

Segezha’s oligarch on the list of British sanctions

The Russian timber giant Segezha Group is unaffected by the British sanctions against Vladimir Evtushenkov that came into effect on [...]

Lumber prices surge in Japan as builders run out of Russian wood

Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a [...]

European wood flooring market: Geopolitical turmoil impacts supply conditions in Q1/2022

The European wood flooring markets show diverse evolutions for the first quarter 2022 compared to the same period last year [...]

Belarusian wood processing companies reorienting exports to Russia and China due to European sanctions

In the context of Western sanctions, Belarusian wood processing companies are developing exports to Russia and China.    [...]

Encouraging revival in Italian hardwood market

One of the more encouraging, not to say surprising, hardwood market trends in 2021 was a strong revival in demand [...]