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Conifex reports sharp rise in revenues

Conifex Timber Inc. reported results for the 2Q ended June 30, 2018. EBITDA in the 2Q 2018, which excludes countervailing and anti-dumping duty deposits of $8.2 million... [more...]

Sweden: continued increase in notified area of final felling during June and July

In Sweden, notified area of final felling increased by 14% in June and by 4% in July, compared to corresponding months of last year. Quarterly statistics during the year shows an increase of... [more...]

Furniture Council – a bright future for Malaysian manufacturers

Malaysia is one of the world’s top 10 furniture exporters. The global furniture market is expected to grow between 3% and 5% in the next five years... [more...]

Estonia: Pulpwood prices continue rising trend

In June 2018, the prices for roundwood in Estonia are significantly higher as compared to the same month of 2018. The prices for pulpwood ranges are at record levels... [more...]

Western U.S. sawmills produced 7.1% more lumber in H1/2018

Western U.S. sawmills produced 7.406 billion board ft. (bbf) of softwood lumber in the first half of 2018, a 7.1% increase from 6.915 bbf in the first six months of 2017, the Western Wood Products Assn. (WWPA) of Portland, Oregon, reported... [more...]

Sharp fall in UK tropical timber imports

UK hardwood companies attributed the particularly sharp fall in their imports of tropical sawn hardwood to a number of factors. These included the situation in Douala and disruption in supply from Rougier, a major supplier to the country. They reported too that, after heavy buying in 2017, there was an excess of stock on the ground. General economic uncertainty in the market was additionally leading to customers buying just in time and little and often... [more...]

Kährs Group acquires Swedish flooring distributor Ehrenborg

Kährs Group has acquired flooring distributor Ehrenborg & Co, which is a leader in the Swedish flooring market for public areas. Ehrenborg also operates in the rest of the Nordic countries... [more...]

Candian lumber production increases slightly in May

Lumber production in Canada rose 1.0% from April to 5 981.0 thousand cubic metres of lumber in May. Production was 2.0% lower than in May 2017... [more...]

Finland: logging volume 29% up in June 2018

In June 2018, an all-time high volume of 5.1 million m3 of roundwood was harvested for use by the forest industries in Finland... [more...]

U.S.: Softwood and panel markets - Week 32, 2018

The plunge in framing lumber prices was unabated, but another round of steep discounting drew in more inquiries and orders compared with recent weeks. Traders sensed that customers were more comfortable with lower prices, while the need for some buyers to replenish was evident after weeks on the sidelines... [more...]

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special report
Romanian wood industry under pressure, with high timber auction prices and booming imports

Romanian wood industry under pressure, with high timber auction prices and booming imports

After a difficult 2017-2018 harvesting season, marked by low standing timber volumes on the market and excessive prices, what is the outlook for Romanian wood industry in the autumn of 2018? ... [ more...]

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