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Market Analysis

Timber from Russia and Belarus considered ‘conflict timber’ by PEFC

All timber originating from Russia and Belarus is ‘conflict timber’ and therefore cannot be used in PEFC-certified products, the [...]

EU’s deforestation-free regulatory proposal sparks intense debate

Intense negotiations are ongoing as the draft EU law on "deforestation-free" and "forest degradation-free" products, published by the [...]

Wood likely to become scarce due to situation in Ukraine and EU sanctions

Last week, the EU announced sanctions restricting trade with Russia and Belarus. The trade in wood is also covered by [...]

US lumber price sits near last year high

A 50% technical retracement of the move from the May 2021 high to the August low is $1,099.60 [...]

IKEA to cease operations in Russia and Belarus

IKEA has decided to temporarily pause operations in Russia. This means that: Inter IKEA Group has taken the decision to [...]

Ukraine crisis and its effect on European timber imports

In what feels like a return to the dark days of the Cold War, the ongoing crisis between Russia and [...]

EU bans wood, lumber imports from Belarus

The European Union has banned most imports from Belarus over its involvement in Russia's invasion of Ukraine. On Wednesday [...]

Canfor expects N. American and European lumber markets to remain strong in Q1/2022

Canfor Corp. said on Tuesday it expects North American and European lumber market fundamentals to remain strong in the first [...]

Stora Enso will start replacing wood procurements in Russia immediately

Replacing Russian wood will increase domestic demand, logistics may become a bottleneck.    “Stora Enso has plans [...]