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Europe

Current trends in Central European log prices

2021 is slowly coming to an end and with it the most blatant price increases in this strange “Corona wood [...]

UK’s Drax plans to double pellet production to 8 mil. tons

Drax Group plc on Dec. 1 announced plans to double its biomass pellet production to 8 million metric tons per [...]

Lithuania: Pine and spruce sawlog prices double in one year

Pine and spruce sawlog prices in Lithuania have doubled yoy in September 2021. Moreover, prices for all assortments are well [...]

UK: Sawn timber supplies could face uncertainty in 2022

The widespread material shortages in the UK are softening but sawn timber could both face issues going into the new [...]

Deforestation-risk countries’ ban to have far-reaching effects for EU wood trade

On 17 November 2021, the European Commission announced a Proposal for a new Regulation to reduce global deforestation and forest [...]

Finnish sawlog prices shifting downwards in October, but higher yoy

Roundwood prices in Finland are mostly unchanged in October 2021 as compared to the previous month. The price for sawlog [...]

Sawmills in Europe and N. America see profits plunge in 3Q

Sawmills in Europe and North America enjoyed record profits during the first half of 2021, but fell in the 3Q [...]

Booming trend in European log exports to China unlikely to continue

European softwood logs were practically non-existent at Chinese ports five years ago. However, a combination of a never-ending [...]