Market Prices

• May 22, 2013 23:39

  
  

  Myanmar: Buyers feel pressure to quickly ship logs

  Analysts report that the firm demand conditions remain... [more...]

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  May 22, 2013 13:38

  
  

  EU: value of Chinese plywood imports up 15%

  The output of plywood imports to Europe showed a slight improvement in the first two months of 2013. In value, imports grew by 2%, from the same period of 2012, with the top three sources of plywood showing good results: imports from China rose by 15%; those from Brazil by 10% and those from Russia by 6%. The European appetite for the Chinese plywood is continuing its growing pace. [more...]

• May 21, 2013 09:31

  
  

  Indonesia: SVLK undermining export competitiveness

  SVLK undermining export competitiveness It is now four months since Indonesia’s timber legality assurance system (SVLK) became operational but the timber industry is expressing concern that the investments made by companies in Indonesia to secure SVLK certification is not delivering the benefits expected... [more...]

• May 20, 2013 23:10

  
  

  Malaysia: Election fever dampens trading in domestic market

  Malaysia went to polls for the thirteenth time on 5 May to fill 222 parliamentary seats... [more...]

• May 20, 2013 23:07

  
  

  U.S.: Softwood and Panel Markets - Week 21, 2013

  While green Douglas Fir was an exception, prices of framing lumber continued to fall across the various species... [more...]

• May 20, 2013 07:40

  
  

  Negative quarterly result for Setra due to strong Swedish krona

  The wood products company Setra reports net sales of SEK 945 (1,065) million for the first quarter of 2013. Operating loss for the period January-March amounted to SEK 26 (27) million. [more...]

• May 20, 2013 06:59

  
  

  Universal Forest Products: 25,7% increase of net income in the first quarter

  Universal Forest Products Inc. reported one of the finest first quarter results. The company rode high on the back of strong sales performance in its five market segments with a net income surging 25.7% over the year-ago earnings. [more...]

• May 19, 2013 13:22

  
  

  Ghana: Getting to grips with illegal chainsaw milling

  The Forest Services Division of the Forestry Commission has begun a pilot project on artisan milling as part of measures aimed at curbing illegal chainsaw milling... [more...]

• May 19, 2013 12:01

  
  

  UPM: 5% sales decrease due to lower paper prices

  Sales for Q1 2013 were EUR 2,474 million, 5% lower than the EUR 2,608 million in Q1 2012. Sales decreased due to a reduction in paper deliveries and prices. EBITDA was EUR 284 million, 11.5% of sales (357 million, 13.7% of sales). The decrease in EBITDA was mainly attributable to the Paper business area, as a result of lower average paper prices and lower delivery volumes. [more...]

• May 19, 2013 11:19

  
  

  RusForest Announces Results

  RusForest AB announced preliminary first quarter 2013 production results for its core operations in Arkhangelsk, Boguchany and Magistralny. RusForest increased harvesting of sawlogs by 69 percent from 145,937 cubic meters in the first quarter of 2012 to 245,976 cubic meters in the first quarter of 2013. The Company increased production of sawnwood by 47 percent from 47,991 cubic meters in the first quarter of 2012 to 70,412 cubic meters in the first quarter of 2013. [more...]