Several major Scandinavian groups have announced extensive cuts in their softwood lumber output in the last few weeks, owing to the deteriorating underlying conditions on the international softwood lumber markets. The measures, most of which are scheduled for the remaining weeks of this year and the beginning of next year, could remove an estimated 350, 000-400, 000 m³ From the market if carried out to the full extent. According to the companies concerned, the purpose of these cuts is to stabilise the volumes and prices on domestic and foreign markets that have come under greater pressure in recent weeks and to improve the tense earnings position businesses are facing. Source: euwid-wood-products.com
Source:
http://www.euwid-wood-products.com/news/roundwoodsawnwood/single/Artikel/scandinavian-sawmilling-industry-planning-marked-reduction-in-softwood-lumber-output.html
