Latest News

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  • Market Prices
  • July 01, 2016 15:05

New Zealand log export prices drop sharply

The export log prices in New Zealand decrease in June on stronger currency and higher shipping costs. Thus, the prices slid to a five-month low in June as returns were hurt by a stronger local currency and an increase in shipping costs... [more...]

  • Sawmilling
  • July 01, 2016 13:40

Cedar Creek to acquire Lake Lumber

Cedar Creek has expanded its footprint in Minnesota and Wisconsin with the acquisition of Lake States Lumber. Lake States Lumber has five locations in Wisconsin and Minnesota, adding to Cedar Creek's existing 31 locations across 37 states... [more...]

  • Sawmilling
  • July 01, 2016 11:48

Metsä Group transfers its Finnish sawmills to Metsä Fibre

Metsä Group’s Finnish sawmills will become part of the Group’s pulp industry Metsä Fibre in a group internal transaction. Until now, the sawmills have been part of the Group’s wood products industry Metsä Wood apart from the Svir sawmill in Russia which has already been part of Metsä Fibre... [more...]

  • Wood Construction
  • July 01, 2016 09:46

Japan: Housing starts rise sharply in May

Japan's housing starts rose more than expected in May, according to figures released by the Japanese Ministry of Land, Infrastructure and Transport... [more...]

  • Forestry
  • June 30, 2016 13:03

Confor pledges support after Brexit vote

Confor has pledged to continue to provide strong leadership for the forestry and timber sector after Brexit - and to work with all levels of government to deliver the best possible outcome for the industry... [more...]

  • Market Prices
  • June 30, 2016 12:07

Austria: Price of wood pellets stable in June

The retail price for ENplus A1 wood pellets in Austria has remained virtually unchanged from May to June. Currently the average price stands at 22.25 cents / kg... [more...]

  • Sawmilling
  • June 30, 2016 10:54

Stora Enso considers an opportunity of building a CLT-plant in Sweden

Stora Enso has decided to commence a study in order to assess the feasibility of building a cross laminated timber (CLT) production unit in connection with its Gruvön Mill in Sweden. The expansion would add a total annual capacity of approximately 75 000 m3CLT... [more...]

  • Sawmilling
  • June 30, 2016 10:05

Weyerhaeuser closes lumber and plywood mills in Columbia Falls

Weyerhaeuser Company announced that it will permanently shut down its operations at the lumber and plywood mills in Columbia Falls, Montana, somewhere in August or September... [more...]

  • Forestry
  • June 30, 2016 08:46

European veneer sector in trouble due to oak logs shortage

2015 was another challenging year for the European veneer sector. Throughout 2015 and continuing into 2016, European veneer mills were suffering from shortages of veneer grade oak logs... [more...]

Market Prices
  • Market Prices
  • June 29, 2016 16:33

France: upward trend in oak sales

The launch of the so-called labeled auctions (i.e. under the labels of quality, as in FSC etc.) organised by ONF (Office national des forêts) doesn't seem to have had any effect on the quality oak sales. This is one of the conclusions buyers and sellers could reach at the close of the latest auctions held early this summer. In the end of May, ONF announced that an annual oak price growth on average came up to 5%, while the volume of unsold goods reached 10%... [more...]

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special report

Slow US housing market affecting Canadian lumber producers

The US housing market is stumbling, which makes two of Canada’s top lumber producers, West Fraser Timber Co. and Canfor Corp., to suffer from a lower demand from the US... [ more...]

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