Tag: sawn timber

Russia reduced its export of sawn timber by 5.2% in January-April 2021

In January-April 2021, the volume of sawn timber exported from Russia reduced by 5.2% YoY and totaled 6.8 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Sawn timber prices in US rose again in mid-May 2021

In the week ending May 14, 2021 the wholesaler price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr was $1,650 mfbm. This is up by +$90, or +5%, from the previous week when it was...

Glennon Brothers has entered into an agreement with SHV Energy to buy Balcas

Balcas operates a sawmill in Enniskillen, County Fermanagh, Northern Ireland, producing quality sawn timber products for the fencing, landscaping, agricultural, construction, and pallet and packaging sectors. The company also operates two renewable energy plants at Enniskillen and Invergordon,...

The Ministry of Industry and Trade of Russia proposes to allow temporary restrictions on plywood and sawn timber export

The Ministry proposes to add plywood (HS Code 4412) and sawn timber (HS Code 4407) to the list of products that are materially important for the domestic market of the Russian Federation and whose export may be temporary...

Russia increased sawn timber production in January-April 2021

According to data from the Federal State Statistics Service (Rosstat) in January-April 2021, Russia increased sawn timber production by 1.9% YoY to 9,7 million m³.

Russia reduced its export of sawn timber by 9.6% in 1Q 2021

In 1Q 2021, the volume of sawn timber exported from Russia reduced by 9.6% YoY and totaled 4.64 million m³, as reported by the Federal Customs Service of Russia. The value of foreign sawn timber shipments from Russia...

Euroports and Metsä Fibre expand cooperation

Euroports Finland and Metsä Fibre have signed a multi-year service agreement, under which the port operator will take care of handling the finished products of the sawmill that is going to be built in Rauma by the third...

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...