• Market Prices October 24, 2014 15:55

    Germany: Oak log exports to China more than double

    The interest of Chinese buyers in oak from Germany remains at a high level. In July 2014, exports to the People's Republic amounted to over 5,000 cbm, the highest level of the year. In total, through July, exports to China grew by a massive 173% and 230%, backed by a 21% increase in export prices... [more...]

  • Market Prices October 24, 2014 15:06

    Africa: EUTR might trigger negative attitudes towards tropical timber in EU

    Producers report that demand from European buyers remains very quiet with not a hint of the usual autumn up-tick in purchases. Overall, exporters in West Africa are not at all optimistic on prospects for any growth in demand in EU markets. Current demand in northern Europe is heavily concentrated on ayous, sipo and sapele sawnwood. The slow response of some EU members to enforcement of the EUTR is attracting the attention of green activists who seem set to put pressure on authorities to ensure stricter adherence to the regulation. [more...]

  • Panels October 24, 2014 12:30

    India: Plywood industry survival at risk due to log supply shortage

    Plywood manufacturers in India are facing huge difficulties in securing logs to maintain production. Recently log imports from Sarawak have increased and this has eased the situation but the steadily rising prices for Sarawak logs are undermining the profitability of Indian plymills. Plywood manufacturers in India are accustomed to using tropical hardwoods for face and core veneers and, until the log export ban by Myanmar... [more...]

  • Machinery News
    Machinery News October 24, 2014 10:56

    SCM Group marks an excellent start for ''Technology Days on Tour''

    A highly positive result for the first “Technology Days On Tour” event, a new SCM Group format which brings the group's technologies to customers by visiting key retailers, both in Italy and abroad. The first appointment in Brianza (Italy) at the Cantù-based retailers, Tomesani (2-4 October) marks the start of a calendar of events... [more...]

  • Sawmilling
    Sawmilling October 23, 2014 17:10

    EU tropical hardwood veneer imports up 8%

    EU veneer market has shown signs of recovery this year. EU imports of tropical hardwood veneer were 138,400 m3 in the first six months of 2014, 8% more than the same period last year. This year there has been particularly strong growth in EU veneer imports from Ivory Coast (+29% to 36,500 m3) and the Congo Republic (+37% to 8,600 m3). EU imports of tropical hardwood veneer from the Gabon, still the largest single supplier, were up 2.1% at 61,700 m3 in the first six months of 2014. This is despite the temporary imposition of a 7% import duty on EU veneer imports from Gabon on 1 January 2014 following a change in the country's GSP status... [more...]

  • Pulp and Paper October 23, 2014 16:43

    Stora Enso to invest €27 million at Imatra Mills in Finland

    Stora Enso invests €27 million to improve the quality and cost-competitiveness and to increase the capacity of the consumer... [more...]

  • Market Prices October 23, 2014 15:22

    Booming German pine lumber exports to Egypt

    In the first seven months of the year, German exports of sawn pine lumber have further increased. Year-on-year exports are +21% above the levels of last year. Particularly, shipments to Egypt and China, the first two main destinations, grew significantly by +709% and 30%... [more...]

  • Interior October 23, 2014 13:38

    US furniture trade accelerating

    US year-to-date furniture shipments were 4% higher in the first half of 2014 compared to 2013. Almost 70% percent of companies reported higher year-to-date shipments in June. Inventory levels at distributors and manufacturers increased more than orders and shipments... [more...]

  • Market Prices October 23, 2014 12:16

    Austria: Pellet price rises in October, but is still lower compared to last year

    In October, the average price of wood pellets in Austria currently stands at... [more...]

  • Sawmilling October 23, 2014 11:05

    Metsä Wood to lay-off 200

    The Finnish company Metsä Wood, Metsä Group's wood products business area, has initiated a programme to reduce costs and to... [more...]

special report

Comment: New EU energy deal to make Europe dependent on wood pellet imports

The new EU energy deal agreed last night has set some ambitious targets. A 27% quota for renewable energy will further make wood pellets an increasingly important source of energy. However, the ability of the EU countries to satisfy internal demand will not be able to keep up the pace with the expected 4-6 time rise in consumption, and will make Europe more and more dependent on imports, especially from the United States...[ more...]

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