More particleboard and MDF/HDF mills in Spain, Portugal and Italy look set to shut for a long period of time or for good before the year's end due to ongoing weak demand in domestic markets that can hardly be offset by temporary shutdowns ...
Severe storms in southern Sweden over the weekend felled around one million m³ of timber, according to initial reports. The damage, equivalent to about one-and-a-half months of timber harvest, is less severe than Hurricane Per in 2007 ...
Tags: market view, timber, southern Sweden
New Zealand's sawn timber exports to China have been 'hammered', while raw log shipments surged in the wake of Beijing's efforts to cool the economy. This is amid increased sales by rival forestry nations such as Canada, according to the ...
Tags: market view, sawn timber, log
Central European OSB prices have dipped slightly over the course of the past few weeks after stabilising briefly in September. Prices fell even though demand is relatively steady for this time of year. A variety of manufacturers and buyers ...
Tags: market view, OSB, price
Wood-fibre insulation and I-joist manufacturer Steico has reported reduced profits on the back of increased competition and a poorer economic climate for its products. Profits before interest and tax were ?.2m for the first nine months ...
Tags: market view, timber
The Timber Trade Federation (TTF) has welcomed chancellor George Osborne's ambitious programme to stimulate the economy by large-scale new investment in infrastructure and housing, along with help for small businesses. Mr Osborne's autumn ...
Tags: market view, timber
The UK Christmas tree industry is anxiously awaiting the first sales of the festive season to see whether the turbulent economy affects the public's decision to buy trees this year. The British Christmas Tree Growers Association (BCTGA) ...
Tags: market view, Christmas tree
Confusion still remains over what exactly nanomaterials are being defined as. The European Commission, the European Union's Brussels-based executive, has at last published a definition of nanomaterials. But both environmentalists and ...
Tags: News Update, Market View, Coating, m
Canfor Corp. Has reached an agreement with Tembec to purchase Tembec's two eastern British Columbia sawmills for $60 million, including working capital. The deal gives Canfor Tembec's mills at Canal Flats and Elko along with 1.1 million ...
Tags: market view, sawmill, Canfor
With weaker demand for lumber around the world, sawlog prices fell in a majority of the 21 markets tracked by the WRQ. The Global Conifer Sawlog Price Index (GSPI) declined in the 3Q for the first time since the 1Q/09 to $90.18/m3. With a ...
Tags: market view, sawlog, lumber, price
Thanks to legislation passed by the European Commission on 28 November, all wood imports into Europe via the Central Africa Republic (CAR) will be required to have a license denoting their legal origin, which will be fully implemented by ...
Tags: market view, wood
Utisa, which since the end of 2008 has been wholly owned by Finsa, aims to permanently close down MDF production at the Cella plant trading as Intamasa. The production line, which was originally commissioned in 1977 and is equipped with a ...
Tags: market view, mdf
Third quarter US and Canadian production of OSB and softwood plywood was largely unchanged from that reported in the second quarter and in the same period of last year. A total of 5.966 million m³ of structural panels was produced in ...
Tags: market view, North American, structural panel, production
(The Indonesian authorities' recent clampdown on Greenpeace's presence in the region has caused concern, according to Ian Duff, a forest campaigner with the NGO) The last few years have seen some significant milestones crossed in the ...
Tags: market view, opinion
China's total forest product exports were valued at US$31.5bn in the first nine months of 2011, according to the International Tropical Timber Organisation's latest market report. The total was up 17% on a year ago, with wooden furniture ...
Tags: market view, china timber, export