Tag: lumber

Global timber market review #9-2016

– On May 1, insolvency proceedings on the bankrupt German Pellets Group were opened. The company is now managed by insolvency administrator, and its mills are gradually acquired by various investors. – A trial is underway at the...

In Q1 2016, Russian softwood lumber exports reached a historic high of 5.2m m3

In March 2016, the sales of softwood lumber from Russia to foreign markets grew by 32% (m/m), or by 5.5% year on year to 2.2 million m3. The value was $256 million, which is 30% higher than last...

Russian timber industry news #7/8-2016

– Ilim Group has announced the investment of $2 billion in development of its production facilities in the next five years. The company plans to increase annual output by 500 thousand tonnes during this time. – Chinese Hubei...

Global timber market review #7/8-2016

– The Japanese government has reassessed the state of the economy and cited weakness in consumer and corporate sentiment as undermining the progress made to-date. Domestic weakness is exacerbated by uncertainty in global markets and slowdown in emerging...

WhatWood: in February 2016, softwood lumber exports from Russia grew 29% to 1.7 million m3

In February 2016, deliveries of softwood lumber from Russia to foreign markets rose by 29% (m/m). On the annual basis, exports also increased by 6.7% to 1.7 million m3. The value of exports amounted to $198 million, which...

Russian timber industry news #6-2016

– Lesozavod 25 (Sawmill 25, Arkhangelsk region) is investing RUR 4.8 billion in the modernization of Arkhangelsk LDK-3 sawmill acquired in late 2014 from Rusforest. The project will be implemented until 2018 in two phases. The first one...

Global timber market review #6-2016

– A new deal is being negotiated for sawn softwood exports from Canada to the US market, after the 2006 Softwood Lumber Agreement expired last October, ITTO reported. The US president and Canadian prime minister announced at a...

Global timber market review #4-2016

– According to rough estimations published by ITTO, log imports from the North America to Japan in 2015 were 2.444 million m3, 19.8% less than in 2014, which is the second annual decline in a row. Based on...

Global timber market review #3-2016

– The decline in Canada’s sawnwood exports to China has turned sawmills to look for alternative export markets. Possible candidates to make up for the weak low-grade lumber market in China are South Korea, Japan, India and other...

Russian timber industry news #2-2016

– At the end of December 2015, Plitspichprom activated the contract with Siempelkamp, which was concluded in 2014, for the supply of a complete particleboard plant including a Generation 8 ContiRoll press. – The Federal Antimonopoly Service of...

Global timber market review #2-2016

– 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

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...