INDUSTRY NEWS
EU softwood lumber exports drop by 38% in H1/2023
EU’s softwood lumber exports in the first half of 2023 fell by…
Resilient strategies emerge as German timber trade navigates market shifts
Germany’s timber trade clearly feels the weakening construction sector and the hesitant…
UPM sales fall in Q3/2023, company sees reasons for optimism
In July-September, UPM’s net sales fell by 24 percent from the previous…
Recovery in European construction sector expected in 2025, says Euroconstruct
The continuation of the war in Ukraine and the severe energy crisis,…
Parquet consumption in Europe drops by 15% to 38%
Echoing the general decline in construction activity, European parquet consumption decreased significantly…
The Austrian sawmill industry struggles with low demand for sawn timber
The Austrian sawmill industry continues to struggle with noticeable reductions in demand…
Stora Enso expects weak demand to persist into 2024
Stora Enso faces a continued subdued market outlook for the rest of…
Madison’s Lumber Prices Index October 20, 2023: US$402 mfbm
The Madison’s Lumber Prices Index for the week ending october 20, 2023 is: US$402 mfbm The Madison’s Lumber Prices Index for the week ending October 20, 2023 is: US$402 mfbm This is down by -2%, or -$9, from the previous week when it was US$411. For information...
Lumber Prices Trendline Normalizes
After three years of extreme volatility and many unknowns, North American construction framing dimension softwood lumber price trendlines started to normalize during 2023. This means that next year it will be less difficult to judge what is going with sales and...