Global sawlog prices hardly change in Q1, despite trade interruptions; lumber demand in key markets uncertain
Global sawlog prices hardly change in Q1 from Q4, despite trade interruptions, uncertainty about short-term lumber demand in key [...]
June 3, 2020
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Sweden’s sawmills gained market shares in China and US during pandemic
Many Swedish sawmills are now running at full speed again, partly because [...]
June 3, 2020
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UPM to close plywood mill in Finland due to profitability reasons
UPM Plywood is planning to permanently close its Jyväskylä plywood mill in Finland, which is producing spruce and birch [...]
June 3, 2020
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Will the forest products industry evolve post Covid-19?
2020 will be marked as the year of change. Change sometimes occur innately to alter the strategic direction [...]
June 2, 2020
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Concerns over the evolution of China’s log demand in the medium term
There are some concerns about the China log market in the medium term. China’s finance minister Liu Kun said [...]
June 2, 2020
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EU tropical timber trade weakened before COVID lockdown
Having reached the highest level in more than a decade in October 2019, EU27+UK trade in tropical wood and [...]
June 2, 2020
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Sawmills in China slowed down or stopped production in May due high costs of imported logs
In March import prices in China had picked up despite total log inventory still building to over 8 [...]
June 1, 2020
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Chinese timber importers face additional cost pressure from Chinese currency devaluation against US dollar
On May 28, the People ’s Bank of China authorized the China Foreign Exchange Trading Center to announce that the [...]
June 1, 2020
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Indonesia to revoke ending legality license for wood exports
The Indonesian government has backed down from a decision to scrap its timber legality verification process for wood export, amid [...]
June 1, 2020
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New investigation finds European companies taking advantage of loophole to imports teak
A new investigation has uncovered a scheme exploiting a loophole in the European Union Timber Regulation (EUTR) that [...]
May 29, 2020
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