Global timber market review #16-2016

– Finland’s export volume of sawn timber grew by 15% in January-June 2016, Fordaq reported. The export value totalled EUR 650m. Managing Director of Finnish Sawmills association, Kai Merivuori, says the profitability of the sawmill industry in Finland is declining rapidly due to falling prices and slower market for all by-products. There is an oversupply of wood-based biofuels in Central and Northern Finland.

– Nippon Paper Industries, Tokyo, Japan, plans to produce torrefied wood pellets and use them as fuel for electricity generation. The company will begin tests on its new project in the spring of 2017 and plans to start the operation in 2018, as reported by Fordaq quoting Nikkei Asian Review.

– Binderholz will build its third CLT plant at its Burgbernheim site in Germany, says the company in a press release. At the same time, glulam production in Burgbernheim is to cease at the end of August. This volume will be compensated for by extension of the Jenbach site in Austria. The company took into account the dynamic growth of the CLT market in recent years.

More detailed review of global market trends of roundwood, lumber, wood panels and pellets as well as news of the Russian timber industry; exclusive articles and interviews; over 25 pages of price charts are available in our digital Russian Timber Journal.