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Sawmilling

Finland: Forestry giants Stora Enso and UPM report declining profits in Q3/2019

Finland's forestry giants, Stora Enso and UPM, have reported declining profits and smaller production output for the third quarter [...]

Cheap European logs fill the Chinese falling softwood stocks

While log supply from North and South America in China has virtually dried up the volume from Europe continues to [...]

China: Weak market for European birch timber, as Russian birch becomes cheaper

Some Chinese merchants said that this year, due to the short-term factors such as the downturn in the property [...]

Romania: Romsilva to harvest 9.5 million m3 of roundwood in 2020

The Romanian national forest administration Regia Nationala a Padurilor (Romsilva) is planning to harvest 9.5m m³ of roundwood in [...]

B.C. forestry crisis in figures: 25% fall in export sales and a $3.4 billion loss

The crisis in British Columbia’s forestry sector that saw more than 20 sawmills close or curtail production over the [...]

New Zealand’s export prices for logs on the rise as demand in China rises

At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in October increased by an average [...]

Export prices for Finland’s pine and spruce sawnwood expected to fall this year

This year and next year, export prices for Finnish lumber will fall, driven by China. The price difference between spruce [...]

North American hardwood prices drop sharply in Chinese timber markets

The recent price of North American red oak fell by 500-600 yuan/cubic meter (US$ 70-85/m3)  in [...]

Södra’s revenues hit by the bark beetle infestation

Södra reported operating profit of SEK 2,520 million for the first nine months of 2019, compared with SEK [...]