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Market Analysis

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 [...]

US lumber prices continue to rise but sales volumes were unsteady

Sawmills across North America looked toward the end of summer after mid-May, as lumber prices continued to rise but [...]

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 [...]

Wood pellet sector in US well-positioned for the post-pandemic period

The wood pellet sector in US has many advantages that other sectors might envy as they, too, navigate business during [...]

North American softwood lumber prices continue upward trend at the end of May

Given the current situation in many regions of the US, it is assured that demand for plywood and other panel [...]