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Tag: China

Global timber market review #2-2016

10 February 2016 ` 16:36  
– In 2014, the DIY/home improvement world market turnover reached €424.85 bn. According to Fordaq quoting a report from the European Federation of DIY manufacturers (Fediyma), North America, with €269.6 bn, represents more than 63% of the world...

WhatWood: Russian softwood lumber prices fell by 22% in 2015

8 February 2016 ` 03:32  
In 2015, sales of softwood lumber from Russia to foreign markets increased by 5% to 22.4 million m3, but the average value fell by $753 million to $2.7 billion. General decline in prices amounted to 22% in dollar...

Global timber market review #1-2016

7 February 2016 ` 19:33  
– UK’s forestry, wood and wood products sector is picking up after five years of low demand and little expansion, according to the UK Timber Trade Federation Statistical Review. A 10% rise in UK timber and panel products...

Global timber market review #22-2015

26 December 2015 ` 00:49  
– The consensus at the International Softwood Conference was that the industry is still dealing with the consequences of global recession in many areas. The international speaker line-up at the recent Amsterdam event highlighted different countries emerging from...

Russian timber industry news #21-2015

27 November 2015 ` 18:20  
– RusForest announced preliminary Q3 2015 production and sales results. Sales to the Japanese market grew, and prices increased slightly, however, overall sales volumes of both sawnwood and sawlogs decreased due to sustained unfavorable market conditions in the...

Global timber market review #21-2015

27 November 2015 ` 18:17  
– Södra Wood is going to open sales offices and subsidiaries in the US and China. The Chinese office will be headquartered in Shanghai, the American one – in the southeastern part of the country. – Swedish family-run...

Global timber market review #20-2015

14 November 2015 ` 13:31  
– Market situation leads to downtimes at the Swedish lumber mills. Jarl Timber (a part of Norvik Timber) will cut sawn timber production at its plant in Broakulla from two shifts to one. The mill’s capacity is 110,000...

Global timber market review #19-2015

22 October 2015 ` 17:48  
– A Chinese company plans to invest $250 million to build a massive wood-processing plant in New Zealand. Fenglin Wood Industry Group, based in Nanning, has already been carrying out a feasibility study on building and operating a...

Global timber market review #18-2015

5 October 2015 ` 13:46  
– After adjusting production at its spruce sawmills in Finland, Metsä Wood will start statutory employee negotiations to adjust also pine lumber production due to oversupply and price competition. – European lumber exports to Japan in the first...

Global timber market review #17-2015

14 September 2015 ` 22:38  
– According to a representative from one of the main redwood markets in Beijing, some 12 stores selling redwood products have closed and only 2 remained open as of the end of July. The future for solid wood...

Russian timber industry news #17-2015

14 September 2015 ` 22:44  
– RusForest announces plans to develop harvesting operations in its Ust-Ilimsk forest lease areas. The company has recently been subcontracting forest lease areas in Ust-Ilimsk for harvesting by third party. While the subcontracted volumes have been successfully increased,...

Global timber market review #14-2015

30 July 2015 ` 15:38  
– Norwegian wood-products company Moelven will shut down Nössemark Trä AB sawmill in Sweden, Fordaq says quoting Sverige Radio. Moelven’s CEO, Erik Sjölund, hopes that a new owner could be found. – China’s Customs has reported that timber...