BSW Group to close a sawmill
Citing a downturn in demand across the global timber industry, the war in Ukraine, and increasing energy costs, the BSW [...]
August 5, 2022
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European lumber exports might decline by a half due to the war in Ukraine
One immediate impact of the war in Ukraine is a tighter market for softwood lumber in Europe. About 20% of [...]
August 2, 2022
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Finland warns energy crisis could curb forest, chemical industry, close factories
Finland's forestry and chemical industry companies are currently doing everything they can to find alternatives to natural gas before [...]
August 2, 2022
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Belgium: Worries about availability of wood; prices on the rise
Wood traders in Belgium are currently experiencing an unusually high demand for firewood. The reason for this is the high [...]
August 2, 2022
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Russian timber, timber product exports likely to see double-digit decline in second half
Russian sawn timber exports, which have been sanctioned by the EU along with other wood products since July 10, were [...]
August 2, 2022
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Log demand in China remains weak at the moment
China softwood log inventory has remained stable at about 5.0M. Daily port log offtake has dropped to around 60 [...]
August 1, 2022
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Many sawmills close in Gabon and Cameroon due fuel shortage
In Cameroon more than 50 sawmills have stopped production and in Gabon 22 sawmills, mostly Chinese, have ceased production. In [...]
August 1, 2022
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Canfor to invest US$210 million to build a new sawmill in southern Alabama
Canfor Corporation will invest approximately US$210 million to build a new, state-of-the-art sawmill complex in southern [...]
July 29, 2022
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German lumber prices start to fall in summer; autumn evolution uncertain
After the outbreak of the Russia-Ukraine war, timber prices rose sharply in most parts of Europe, especially in Germany [...]
July 26, 2022
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Finland: Roundwood prices continued to rise in June
In June, an average of EUR 68.6 per cubic metre was paid for pine logs and EUR 72.8 [...]
July 26, 2022
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