Latest News

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Brazil: Domestic demand recovering and exports of most wood products rising

At the beginning of the pandemic there were forecasts of reductions in domestic demand and exports, notably of solid wood products...... [more...]

US home construction trended up in September

U.S. home construction rose a solid 1.9% in September after having fallen in the previous month, as home building continues to be one of the bright spots of the economy...... [more...]

Finland: Corona crisis continues to weigh on the forest industry

The decline in Finland's forest industry production continued in July – September in all main product groups. Cardboard, sawn timber and pulp held their ground best, but the downturn in paper continued most sharply...... [more...]

Resolute reports high rise in sales for 3Q/2020

Resolute Forest Products Inc. reported net income for the 3Q ended September 30, 2020, of $57 million, or $0.66 per diluted share, compared to a net loss of $43 million, or $0.47 per share, in the same period in 2019...... [more...]

EU27 tropical flooring imports rise while other joinery imports decline

Given the situation in the wider market, one of the least expected trends in EU27 import data is a slight recovery in imports of tropical flooring products in the first eight months of this year after a long and persistent period of decline..... [more...]

IKEA Germany sees a sharp increase in online sales

IKEA Germany closed the 2020 financial year (September 1, 2019 to August 31, 2020) with retail sales of € 5.325 billion, which corresponds to an increase of 0.9% compared to the previous year. Online sales amounted to € 861 million and thus grew by 74.3%. The online share of total sales was 16.2% - in the previous year it was 9.4%...... [more...]

Republic of Korea likely to maintain anti-dumping tariff on Malaysian plywood

The Republic of Korea’s Trade Commission has made a preliminary decision to extend anti-dumping duties on Malaysian ...... [more...]

SWISS KRONO reports solid financial year 2019/20

Despite the difficult conditions of the past financial year, the SWISS KRONO Group can show a solid business result: Since the Corona crisis hit the economy hard and customers had to close due to the lockdown...... [more...]

Western Forest Products reports Q3/2020 results

Western Forest Products Inc. reported adjusted EBITDA of $33.7 million in the third quarter of 2020. The company capitalized on improved markets in North America by increasing sales of Western Red Cedar (WRC) lumber..... [more...]

Forestry

Artificial intelligence brings detection of wood characteristics to a new level

In the coming years, artificial intelligence will become a major competitive factor in the woodworking industry. Weinig Luxscan, a German-Luxembourgish specialist for wood scanning solutions, has recently installed the first scanner with this kind of technology in Textuur’s sawmill in Viljandi/Estonia...... [more...]

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Special Reports

special report
France: Lower prices for maritime pine confirmed by latest auctions

France: Lower prices for maritime pine confirmed by latest auctions

The first signs of falling maritime pine prices that appeared in the southwest of France at the end of 2019 were consolidated in the first half of the year. And the results of recent auctions which have just taken place this autumn in the Landes forests, clearly indicate that the decrease in prices is continuing...... [ more...]

special report

Softwood log exports from Russia in steady decline for the past 15 years and may be banned in 2022

In a recent statement, the Russian President Mr. Putin ordered the government to strictly control the exportation of roundwood and low-value forest products, and to clamp down on the illegal trade of logs (in his terms: “hard-hitting decriminalization of the industry”)...... [ more...]

special report

FEFPEB highlights international squeeze on wood sector

The European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB) has warned that tighter supplies of wood in some international markets is expected to increase prices into and beyond the final quarter of 2020...... [ more...]