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Swedish Setra sees uncertainty for the wood markets to be more pronounced in 3Q/2022

Swedish wood products company Setra has reported an operating profit of SEK 564 million (EUR 53.47 million) for the [...]

Garnica will open its next factory in the French region of Champagne in 2022

Garnica's new factory is located in Troyes, the Sud Champagne region in northern France. The construction process began in [...]

Estonian wood industry hit hard by falling prices and lower demand

Estonian lumber producers are facing a harsh reality, where the price of wood is falling and orders are disappearing: customers [...]

Rising energy prices- an opportunity for the timber industry?

Sawn timber, glued laminated timber and solid construction timber prices are currently well below last year's records. However, factors [...]

North American lumber prices are sending a signal we should not ignore

Lumber is a highly illiquid futures market, making trading, investing, and hedging challenging. The lack of volume and open interest [...]

Sweden’s softwood lumber exports to US rise 37% in Jan.-May 2022

Swedish softwood lumber exports volume to the U.S. rose 37% in the first five months of 2022 year-on [...]

European timber trade industry expects a significant slowdown in business momentum in H2/2022

At the General Assembly of the European Timber Trade Federation (ETTF) in Amsterdam, the current market situation and prospects for [...]

German hardwood industry worries about the future

Despite the good sales conditions for lumber, the German hardwood industry is looking to the future with concern given the [...]

UK’s demand for softwood likely to slow in Q3 and Q4

Steady demand and increasing operational costs ensured that timber prices and import volumes in UK remained firm in April 2022 [...]