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Global Trends Review

Major trends of the week in the world’s forest industry.

Global Trends Review, June 03-09, 2013: surging lumber prices in Japan; growing export wood trade in early 2013; further shift of board & paper capacities

June 11, 2013 ` 03:48  
To stop long lasting deflation, Japanese government took monetary easing policy, which depreciated yen’s exchange rate sharply in short time, ITTO reported. The yen/dollar rate was 78 last autumn, now it plunged to 102. Also the yen depreciated...

Global Trends Review, May 27 – June 02, 2013: Top 20 softwood lumber producers in Europe; sawlog and pulpwood price trends in Q1

June 4, 2013 ` 01:38  
Sawlog prices were up in practically all regions in the 1Q/13, but they were still generally lower than they were a year ago, as reported in WRQ report by Wood Resources International. The biggest increases from the previous...

Global Trends Review, May 20-26, 2013: J-grade demand to decline slightly in Q3; high prices may cut Chinese deliveries of Canadian lumber in mid-term

May 28, 2013 ` 02:34  
Weaker lumber prices may hinder any further sawmill start-ups in North America, as reported by International Wood Markets. Until prices in North America stabilize, buyers in China and Japan are likely to act defensively, buying only fill-in quantities....

Global Trends Review, May 13-19, 2013: OSB demand in China predicted to grow; new board capacities to appear in China and India

May 24, 2013 ` 11:10  
In the latest contracts concluded with buyers in East Asia, Baltic shippers have agreed increases of €25-30/m3 on the softwood lumber prices that applied in the first quarter, EUWID Wood reported. In North Africa, prices in the hitherto...

Global Trends Review, May 06-12, 2013: OSB prices plateaued; China’s GDP slowed down

May 14, 2013 ` 06:38  
The slight decline in North American OSB and softwood plywood prices seen in the first half of April has intensified in the past fortnight, EUWID Wood reported. The slump in OSB prices, in particular, is being attributed mainly...

Global Trends Review, April 29 – May 05, 2013: Canadian quarterly reports: NBSK up, paper down, and OSB surging

May 7, 2013 ` 02:43  
Major Canadian and North-West U.S. companies posted first-quarter results last week. Mercer International Inc., operating in Canada and Germany, reported net loss of €0.4 million compared to net income of €1.2 million in 1Q 2012. Total revenues for...

Global Trends Review, April 22-28, 2013: Challenging conditions for Nordic producers; market forces restructurings

April 30, 2013 ` 18:28  
The largest Scandinavian companies posted not very cheerful Q1 results. Setra’s net loss was SEK 27 million, which is on par with Q1 2012 levels. Sales decreased slightly. According to company’s CEO Stefan Lundin, strengthening Swedish krona had...

Global Trends Review, April 15-21, 2013: New products for the recovering construction industry

April 23, 2013 ` 15:52  
The spring forecast by the Pellervo Economic Research Institute (PTT) in Finland predicts rising softwood lumber exports and higher selling prices for 2013, EUWID Wood reported. The profitability of the Finnish sawmilling industry is expected to ameliorate generally....

Global Trends Review, April 08-14, 2013: Housing market drives capacity changes

April 15, 2013 ` 23:44  
Since April 15, 2013, WhatWood launches English version of Global Trends Review, as announced earlier. Sawlog prices in Europe were generally lower in 2012 than in 2011 because of lower log demand from the sawmilling sector, as reported...