Tag: sawn timber

US sawn timber prices continue to rise

Rising further after reaching seemingly impossible highs, in the week ending April 23, 2021, the wholesaler price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr was $1,330 mfbm. This is up by +$120, or +9%,...

Ivanovo Timber Industry Company invested 300 million rubles in its production in 2 years

The press office of the government of the Ivanovo region reports that Ivanovo Timber Industry Company, with the support of the Industrial Development Fund, implemented an investment project in 2020, thanks to which the enterprise increased the output...

Stora Enso abandoned the intention to expand its production facilities in the Novgorod region

The Finnish company abandoned the intention to update and expand the production facilities of Setnovo LLC, its subsidiary company in the Novgorod region. Investments in the project were estimated at 520 million rubles. According to Novy Prospekt, the...

Russia reduced its export of sawn timber by 15.7% in January-February 2021

In January-February 2021, the volume of sawn timber exported from Russia reduced by 15.7% YoY and totaled 2.7 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

US sawn timber prices show all-time highs

In the week ending April 16, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$80, or +6%, to $1,210 mfbm ($465 per m³), from $1,130 the previous week, said Madison’s...

Russia reduced sawn timber production in 1Q 2021

According to data from the Federal State Statistics Service (Rosstat) in 1Q 2021, Russia reduced sawn timber production by 1.9% YoY to 7 million m³.

Oleg Fokin, Commercial Director of Sudoma Sawmill: “At the moment, Russia does not have enough own production facilities for processing low-grade timber in full”

Sudoma Sawmill is an export-oriented enterprise engaged in the production of thermally modified, impregnated, planed, and brushed sawn timber for the construction and furniture industries. The enterprise is located in Dedovichsky district of the Pskov region; one of...

Russia increased its roundwood exports by 30.1% In January 2021

In January 2021, the volume of Russian roundwood exports increased by 30.1% YoY to 1.026 million m³, in value terms, exports increased by 33.7% YoY to $75 million, the Federal Customs Service of Russia reports. The volume of...

A waste-free timber enterprise to be built in Tuva (Russia)

The investment project is being implemented by Verba LLC. The company will receive a subsidy of 252.5 million rubles from the federal and regional budgets and invest 70 million rubles of its own funds. The timber enterprise with...

Russia reduced sawn timber production in January-February 2021

According to data from the Federal State Statistics Service (Rosstat), Russia reduced sawn timber production by 3.9% YoY to 4.4 million m³ in January-February 2021.

U.S. softwood sawn timber prices keep going up in early 2021

In the week ending February 26, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$28, or +3%, to US$1,040 mfbm, from $1,012 the previous week, said Madison’s Lumber Reporter. Last...

Sawmill 25 increased the output of export sawn timber in 2020

Sawmill 25 (part of Titan Group) increased the output of export sawn timber by 6% YoY to 887,000 m³ in 2020. The output of wood pellets amounted to 193,000 tons in the same year.