Timber industry research & analytics 
China reduces VAT on sawn timber and round timber from 1 April 2019
April 6, 2019 ` 14:00
VAT on some commodities and services has been reduced in order to stimulate the economy and the development of processing in the country. VAT on round timber is reduced from 10% to 9% sawn timber from 16% to...
UPM continues preparations for the construction of a new world-class pulp mill in Uruguay
March 7, 2019 ` 19:00
UPM sales in 2018 increased by 5% and comparative EBIT by 17%. About it reports a press-service of the company. According to UPM President and CEO Jussi Pesonen, ” 2018 was a record year for UPM. Despite the...
The production capacity of the SCA Tunadal Sawmill plant will increase to 900 thousand cubic meters per year
March 7, 2019 ` 16:00
SCA is applying for a new environmental permit for the Tundal Sawmill, the press service reported. Currently, the company has a permit for the maximum output of 600 thousand cubic meters of solid wood products per year. The...
The US increased exports of pellets by 17 % in 2018
March 7, 2019 ` 14:00
The US exported 6.04 million metric tons of wood pellets in 2018, an increase of about 17% compared to 5.14 million metric tons exported in 2017, according to data published by the USDA Foreign Agricultural Service – the...
Russian Timber Journal №01-2019: the eight-year work of the existing head of Rosleskhoz was assessed as unsatisfactory; WhatWood summarizes the preliminary results of the LPK for 2018; the company “Solikamskbumprom” took a loan of 27 million euros; Segezha Group completed the design of a new pulp and paper mill in the Krasnoyarsk region; prices and volumes of production of LPK in Russia for 4Q 2017-2018
February 12, 2019 ` 14:00
Russian Timber Journal №01-2019: summed up the first results of the LPK for 2018; basic prices for round wood and lumber; prices for the products of LPK in Russia for 2017-2018; exchange rates to the US dollar from...
The International Monetary Fund gives new forecasts for the development of the Russian economy for two years ahead
January 22, 2019 ` 14:00
According to estimates of the International Monetary Fund (IMF), economic growth in Russia will decline in 2019 by 0.2 percentage points and amounted to 1.6 %, and in 2020 – by 0.1 percentage points and will stay at...
During the New Year holidays in Russia, the Russian ruble has become stronger
January 9, 2019 ` 14:00
As of January 09, the dollar fell below 67 rubles, and the euro fell below 77 rubles. At the same time, the cost of oil increased during the new year holidays. If last year the price per barrel...
The team of the timber industry analytics agency WhatWood congratulates its colleagues, partners and customers on the upcoming New Year holidays
December 28, 2018 ` 19:00
Global timber market review #22/23-2016
December 31, 2016 ` 22:21
– Latvijas Finieris Group opens a new birch plywood mill in Kohila (Estonia), launching products with RIGA logo there, Fordaq reported. After two investment phases worth €80 million in total, a world-class birch plywood mill has been created:...
Global timber market review #21-2016
December 31, 2016 ` 15:48
– In the first three quarters of 2016, log imports through Taicang Port, China, totalled 6.51 million m3 valued at $920 million, ITTO reported. Of the total, the value of log imports from Russia through Taicang Port soared...
Global timber market review #20-2016
November 22, 2016 ` 02:40
– According to ITTO, the bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion. Recently written notices were received from shipping companies and agents that the prices for ocean shipping from...
Global timber market review #19-2016
October 28, 2016 ` 00:28
– In July 2016, seasonally adjusted production in the construction sector increased by 3.1% in the Euro area and by 1.0% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In...
