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China

Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million [...]

China: Falling stocks of N. American logs and European spruce logs

Softwood log inventories at the China’s main ocean ports totalled 4.96 million m3 on July 30th, 2022, a [...]

China: 70 billion trees by 2030

China's 14th five-year plan envisages that around 33.3 million hectares of land will be greened by 2025 [...]

France now dominates China’s oak log imports

Because of firm demand for oak flooring and furniture oak imports have been increasing and exceeded 1 million cubic metres [...]

Rumours that Russian birch plywood enters the European market through China

Several birch plywood importers from the UK have reported an increase of offers from the far east in recent weeks [...]

European lumber exports might decline by a half due to the war in Ukraine

One immediate impact of the war in Ukraine is a tighter market for softwood lumber in Europe. About 20% of [...]

Many sawmills close in Gabon and Cameroon due fuel shortage

In Cameroon more than 50 sawmills have stopped production and in Gabon 22 sawmills, mostly Chinese, have ceased production. In [...]