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Daily News
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November 6, 2024
Finland: Wood prices will continue to rise next year – softwood finding a new balance
The rise in wood prices in Finland will continue this year and next year as well. However, the increase in the price of softwood next year will be more moderate than before. Fellings and trade volumes on the wood market are increasing as industrial wood use increases. The gross annual income of private forests clearly breaks the previous records, estimates Pellervo economic institute (PTT) in... Continue reading
Wood Industry Prices
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November 4, 2024
High raw material prices put pressure on Setra
Swedish wood product company Setra had a struggling third quarter and reports a loss of SEK 50 million, compared to a profit of SEK eight million for the same period last year.... Continue reading
Market Analysis
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October 31, 2024
European parquet market hit by slow construction activity and Chinese imports
European parquet consumption continued to decrease during the three first quarters of 2024 but at a slowing pace, reflecting the still subdued construction activity and increased pressure from Chinese imports.... Continue reading
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Companies & Products
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November 4, 2024
Premier Forest Products to acquire Bitus UK from Bergs Timber
Premier Forest Products has continued on the acquisition trail by acquiring the trade and assets of Bitus UK Ltd – formerly known as Continental Wood Products – from Bergs Timber. Bitus UK is an importer and bulk distributor of timber, panels and garden products serving industrial manufacturing, furniture-making, construction and merchanting sectors. Premier Forest will take on the... Continue reading
Industry Events
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October 22, 2024
Pallet and packaging companies to see significant change in their businesses within a decade
Pallet and packaging companies heard that they should expect significant change in their businesses within a decade, during a presentation on the imminent impact of artificial intelligence (AI).... Continue reading
