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Germany: Wood pellet prices more than double over a year ago

Germany's current demand for wood pellets is higher than ever. This applies to pellet heating systems as well as [...]

BSW Group to close a sawmill

Citing a downturn in demand across the global timber industry, the war in Ukraine, and increasing energy costs, the BSW [...]

Unprecedented period of change in European wooden furniture sector

The last two and half years, marked from the start of 2020 by the Covid-19 pandemic and from February [...]

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 [...]

Finland warns energy crisis could curb forest, chemical industry, close factories

Finland's forestry and chemical industry companies are currently doing everything they can to find alternatives to natural gas before [...]

Belgium: Worries about availability of wood; prices on the rise

Wood traders in Belgium are currently experiencing an unusually high demand for firewood. The reason for this is the high [...]

Egger reports record production levels; outlook challenging

Despite the challenging conditions Egger Group recorded a strong increase in sales turnover in 2021/2022 financial year.   [...]

Log demand in China remains weak at the moment

China softwood log inventory has remained stable at about 5.0M. Daily port log offtake has dropped to around 60 [...]

EU wood pellet demand expected to set a new record in 2022

The European Union consumed a record 23.1 million metric tons of wood pellets in 2021, according to a new [...]