Tag: Scandinavia

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...

Global Trends Review, September 08-21, 2014: Japan feels oversupply of lumber, China to develop wooden housing

With continuing demand slump in Japan, port inventories of imported Russian lumber like red pine 30×40 mm remain high and the arrivals have not declined yet so supply glut feeling is heavy in the market, ITTO reported. The...

Global Trends Review, April 21 – May 04, 2014: Nordic sawmillers report positive Q1 2014; importers of Asian plywood switch to break bulk shipments

Scandinavian sawn timber producers report a good start of 2014 due to improved market demand and better prices on major markets, TTJ said. Moelven’s pre-tax profits in Q1 2014 were NOK 32.9 million (€4 million), compared to NOK...

Global Trends Review, October 28 – November 03, 2013: lumber market oversaturation in Japan to end in Q2 2014; companies publish Q3 results

Scandinavian woodworking companies report improving market conditions, higher selling prices and lower raw material costs. Their North American colleagues also publish very positive results, despite lumber prices falling back from Q2, TTJ reported. Setra’s UK sawn timber sales...

Global Trends Review, July 15-21, 2013: sawmillers and pulp makers predict volatile but better market environment in the second half-year

In the construction sector, seasonally adjusted production fell by 0.3% in the Eurozone and by 0.2% in the whole European Union area in May 2013, compared with the previous month, according to first estimates released by Eurostat. With...