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Forestry

Canada: Sawmill production falls into a lower gear

The recent lumber curtailments of major Canadian lumber producers, announced back in the fall and winter of 2018, have seriously [...]

China: Timber prices falling sharply due to high stocks and weak demand

Timber stock levels in Zhangjiagang markets remained high throughout 2018. In November, stocks of okan, a main species imported, reached [...]

Sliding importance of the UK in the EU market for timber products

There are significant shifts on-going in destinations for EU imports of timber products. After emerging as by the largest [...]

Estonia: Sawlog prices continue to rise at the beginning of the year

Roundwood prices in Estonia rose further in January 2019 from an already high level reported throughout 2018. Pine and spruce [...]

Canfor completes acquisition of major stake in Swedish Vida Group

Canfor has completed its purchase of 70% of the Vida Group. The Vida Group is Sweden’s largest privately-owned [...]

Weather conditions weaken the US lumber market

Weather conditions continued to thwart the US softwood lumber trading. Buyers and sellers in US acknowledged that they were tiring [...]

Recovery in EU wood imports continues in 2018

The total value of EU imports of wood products was 19.44 billion euro in 2018, 5.1% more than [...]

SCA plans to boost production capacity at Tunadal sawmill from 600,000 m3 to 900,000 m3

SCA is applying for a new environmental permit for the Tunadal Sawmill. Instead of the currently permitted maximum of 600 [...]

Stora Enso plans massive lay-offs in Finland due to lumber oversupply and high log prices

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Finland: Log prices overview for January 2019

In January 2019, the Finnish pine log stumpage price came up to EUR 60.0 per m3, and the spruce [...]