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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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]