The finnish forest industry's production environment was difficult in the first quarter and demand for several product categories was sluggish in the main market areas. Timber sales were lively. January-March sawn timber production came to 2.3 million cubic meters, down 2% from 2011. Plywood production was down 7% from the previous year and totaled 250,000 cubic meters. Sawn timber exports increased to a million cubic meters in January-March, up... [más...]
This report contains prices of logs, wooden beams, veneer, plywood, solid wood flooring and other items from timber markets in several Chinese regions: Jiashan Kaihua, Shanghai Furen, Beijing Dongba... [más...]
Shock waves from another fatal mill fire in British Columbia rippled across framing lumber markets in the U.S. and Canada. In the wake of the second mill explosion this year, provincial authorities announced plans to inspect all sawmills for wood dust and other potential catalysts... [más...]
Southern Pine cooled in late trading from its torrid pace, while other species warmed up on Wednesday and Thursday, putting the broader framing lumber market on a firm to higher track... [más...]
The biggest French wood industry association, FNB, raised an alarm signal aimed at the political scene and the media regarding the rising exports of roundwood to Asia (especially via China). During a press conference held end of March the association presented numbers that illustrated that French exports of beech and oak logs to China have tripled since 2007, reaching 300.000 m³. [más...]
Norbord Inc. today reported EBITDA of $21 million in the first quarter of 2012 compared to $9 million in the prior quarter and $14 million in the same quarter last year. US single family housing starts were 17% better versus last year and in the UK the housing market continues to slowly recover. [más...]
The European Commission has fined nine European producers of mountings for windows a total of € 85 876 000 for operating a cartel by which they agreed on common price increases, in breach of EU antitrust rules. The collusion lasted from November 1999 to July 2007 and affected European buyers of windows across all Member States... [más...]
Pellervo Economic Research PTT forecasts that recession in Europe will have clear
impacts on the Finnish forest sector this year. Production in the sawmilling industry will slightly decrease. However, exports of softwood lumber outside the Euro zone will increase. A reduced demand for wood will also slow down commercial fellings in Finland this year. PTT estimates the price of roundwood to go down as... [más...]
