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Declining trade of softwood lumber, plummeting lumber prices in the US and slowing wood demand in China were some of the biggest international lumber developments in the 3Q/18, reports the Wood Resource Quarterly Global Softwood Lumber Trade Global trade of softwood lumber from January through September 2018 was down 2.5% as compared to the same[…]

China announced a 25% tariff on US imports, on a value of $16 billion from 23 August. The taxed products include $1.83 billion of wood products and logs. A large range of wood products are listed in the tariff list, including oak logs, birch logs, OSB, spruce, larch, teak, wooden window frames, shelves, furniture etc.[…]

GLobal Timber – Exports of softwood lumber from Russia, Germany and the Nordic countries have increased due to high demand for wood in Asia and Europe in early 2018, while Canadian exports fell to the lowest levels in five years, reports the Wood Resource Quarterly. Global Softwood Lumber Trade Worldwide trade of lumber inched up[…]

The group of companies Pulp Mill Holding announces the conclusion of a transaction for the acquisition of 100% of the shares of OOO Evropak, a corrugated cardboard and corrugated packaging plant in the Voronezh Region (Maslovsky, 1st Parkovaya Street). The amount of the transaction was not disclosed. The asset of Pulp Mill Holding – OOO[…]

EDITOR’S COMMENT ISSUE 64 AUG/SEPT 2018 Canada big winner in trade war Not so long ago, I used this space to bemoan what I felt was the short-sightedness of US President Donald Trump in starting a trade war in his effort to wrestle back global market share. My view had been that playing what amounts to[…]

A surge in lumber prices and modest increases in sawlog costs have resulted in record profits for many lumber companies in North America and Europe in 2018, reports the Wood Resource Quarterly. Sawlog costs, the largest cost component when manufacturing lumber, have gone up much more slowly than lumber prices in many countries during the[…]

Hannover/Irkutsk In just a few weeks, SibWoodExpo will be opening its gates at the SibExpo Centre in the city of Irkutsk, Russia. This year marks the first time that the trade fair will be co-organized by Deutsche Messe AG’s Russian subsidiary, Deutsche Messe RUS, and Sibexpocentre OJSC. From 11 to 14 September, the event will[…]

Ponsse’s consolidated net sales for the 1H 2018 amounted to Euro 291.1 million, which is 12.5% more than in the 1H 2017. The operating result amounted to Euro 29.5 million, compared to Euro 28.2 million in the 1H 2017. The operating result equalled 10.1% of net sales for the period under review. Consolidated return on[…]

For Renholmen, which manufactures lumber handling equipment, the 2017/18 operating year was very good with near record levels of turnover for the Byske based company. “Turnover hit 128 million SEK and that is close to an all time high. We are just below our record year of 2011, when we turned over 130 million. As[…]

China’s log imports in 2017 totaled 55.43 million cubic metres valued at US$9.927 billion, a year on year increase of 14% in volume and 23% in value. The average price for imported logs was US$179 per cubic metre, a year on year increase of 8%. Of total log imports, 2017 softwood log imports rose 13%[…]