Ikea faces allegations it used illegally logged timber from Ukraine
Some of Ikea’s wood products may have been made with illegally sourced timber from ancient forests in Ukraine. [...]
June 25, 2020
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Demand for African tropical timber weakens in Europe
The impact of pandemic control measures have hit West African timber producers across the region hard, coming as it has [...]
June 25, 2020
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Most softwood lumber prices in North America moderate while plywood prices’ surge
Wood panel prices will provide indication of remaining summer lumber demand. . There are much fewer producers of this essential building [...]
June 25, 2020
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Södra to boost capacity at its Värö mill
Södra is planning a new investment for its state-of-the-art pulp mill in Värö, Sweden, which [...]
June 25, 2020
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Austria: Massive price drops for logs due to bark beetle infestation and coronavirus crisis
The log market in Austria is currently impacted by the bark beetle infestation and the coronavirus crisis in June. [...]
June 23, 2020
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Sweden: Reductions in timber storage regulations
The Swedish government ends the rules for timber storage to facilitate the forest industry during the current crisis. [...]
June 23, 2020
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Russian ULK Group to invest more than EUR 400 million in a mega sawmill in Russia
Russia's ULK Group is investing more than Euro 400 million in one of the country's biggest sawmill investments [...]
June 23, 2020
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Estonia: Sawlog prices rise in April 2020, but still way lower yoy
The prices for roundwood in Estonia have mostly increased during April 2020, despite the coronavirus pandemic. However most prices are [...]
June 23, 2020
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Will China ban the import of Canadian timber?
On June 16, China announced that pests were found in logs imported from Canada. This news triggered concerns in the [...]
June 22, 2020
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Moody’s: coronavirus pandemic, oversupply to limit price recovery in the global forest products industry
The coronavirus pandemic is pressuring global demand and the oversupply across many regions will either limit price recovery or drive [...]
June 22, 2020
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