Latest News

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Reduced order intake in the German construction industry

According to the Federal Statistical Office (Destatis), real (price-adjusted) incoming orders in the German construction industry in May 2020 were seasonally and calendar-adjusted by 5.7% lower than in April....... [more...]

Armstrong Flooring's 2Q net sales decreased by 18.1% to $145.6 million

In the 2Q 2020, Armstrong Flooring's net sales decreased 18.1% to $145.6 million from $177.7 million in the 2Q 2019, including an adverse currency impact of 80 basis points...... [more...]

SCA plans to increase harvesting level

SCA has confirmed a new harvesting plan which shows that the harvesting level in the own forest will increase over the coming five years by an additional one million cubic meters per year more than the current level....... [more...]

Importing logs and sawnwood into India

The Directorate of Plant Protection, Quarantine and Storage (DPPQS) under the Ministry of Agriculture, Cooperation and Farmers Welfare (MOA) regulates the import of logs into India...... [more...]

US, the top export market for Bento Gonçalves furniture cluster

Data from the Special Secretariat for Foreign Trade and International Affairs analysed by the Furniture Industry Association of Bento Gonçalves (Sindmóveis) shows that in the first half of 2020 the furniture cluster of Bento Gonçalves...... [more...]

Roundwood purchases fall sharply in Finland

In January-June, the member companies of the Finnish Forest Industries Federation (FFIF) bought 13.6 million cubic meters of wood from private forests, which is 22 per cent less than the average of the previous five years...... [more...]

EU tropical imports already down 9% before COVID-19

Trade data is also less reassuring about future market prospects when cumulative EU imports in the first four months of 2020 are compared to the same period in 2019...... [more...]

UFPI announces record earnings for Q2/2020

UFP Industries, Inc. (UFPI) announced record net earnings of $66.5 million for the 2Q 2020, as well as record EPS of $1.08 per diluted share, a 23% increase over the same period of 2019...... [more...]

Decline in demand for paper hits Stora Enso's Q2 profit

The profit of Stora Enso declined to 178 million euros in the second quarter of 2020, from 299 million euros in the same period of 2019...... [more...]

Production in construction up by 27.9% in euro area and 21.2% in EU

In May 2020, when Member States began easing the COVID-19 containment measures, the seasonally adjusted production in the construction sector rose by 27.9% in the euro area and by 21.2% in the EU, compared with April 2020..... [more...]

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Special Reports

special report
French hardwood market under pressure: auctions lack buyers, prices are falling

French hardwood market under pressure: auctions lack buyers, prices are falling

We must face the facts, there are few reasons to rejoice today on the hardwood market. This is the case with crushing where, at the first public sales after Covid-19...... [ more...]

special report

Myanmar Teak: Scandal or no scandal in Croatian imports?

The NGO Environmental Investigation Agency (EIA) suggests, in one of its reports, that a significant amount of teak from Myanmar was imported into the EU via Croatia from 2017 to 2019 without full evidence of legality. 10 loads with a total of 144 t teak worth at least ... [ more...]

special report

Stimulus of € 700 million for German forests

The Federal Government will offer € 700 million to deal with the damage in the German forest after two years of drought. The sustainable management of forests should be promoted as well as digitalization in forestry...... [ more...]