Market Analysis

Disruptions in global trade of lumber and logs due Ukraine war

Russia’s invasion of Ukraine on February 24th came as a shock to many in Europe and around the world [...]

Softwood log prices in Latvia continue to rise in Q3/2022

From July 2022 to September 2022, the price of softwood log assortments has continued to rise in the Latvian wood [...]

Low pellet fuel supply in Europe creates supply shock

Reduced pellet supplies in Western Europe and the U.K. resulting from sanctions on Russia has produced a supply shock [...]

European sawn softwood production and demand expected to cool down in H2/2022

Sawn softwood production in EOS (European Organization of the Sawmill Industry) countries has been growing for a number of years [...]

Downturn in China beginning to impact African tropical logs and sawnwood prices

The economic slowdown in China has started to affect FOB prices with prices for okoume, beli and some of the [...]

Germany: Sharp fall in wood pellet prices

In October, the prices for wood pellets in Germany fell by more than 100 euros per ton. And there is [...]

India: Logs and sawn timber import demand slows

Economic activity started slowing in India in the middle of October as preparations commenced for Diwali (Festival of Lights) on [...]

Central European roundwood markets are at a turning point

Forests in much of Central Europe have recently suffered extensive damage from a bark beetle outbreak, leading to temporary increases [...]

B.C. lumber giants still report good profits in Q3/2022, but outlook negative

Inflation and its cure, rising interest rates, are beginning to hit the bottom lines of two of B.C.’s [...]

Vietnam’s wood trade under pressure due to logging, Ukraine war

Reputational risks are piling up for a Vietnamese lumber industry already beset by a falloff in demand from the heights [...]