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Ingka acquires forest land in Florida

Ingka Investments, the investment arm of Ingka Group which represents the largest IKEA retailer, has acquired 1,321 hectares (3,264 acres) of land in Florida...... [more...]

Peru's wood products rise 32%

The Association of Exporters (ADEX) has reported that wood product exports between January and October totalled US$97.7 million, a growth of 32% compared to the same period last year however, compared to 2019 there was still a decline of around 4%...... [more...]

China: National standards on MDF and LVL released

National standards on Medium Density Fibreboard (GB/T 11718—2021) and Laminated Veneer Lumber (GB/T 20241—2021) will be effective as of 1 June 2022.... [more...]

Ikea to raise prices globally by 9%

The Ingka Group, owner of 392 Ikea stores, informed that it will raise prices this year due to the supply chain issues caused by the coronavirus pandemic....... [more...]

Malaysian plywood exports to Japan expand to double-digits

Malaysia saw a double-digit increase in plywood exports to Japan, surpassing figures of Indonesia, its main competitor....... [more...]

N. American lumber prices jump to seven-month high

North American lumber prices have risen to a seven-month high as the lingering effects of flooding in Western Canada disrupt supplies and shipments.... [more...]

Jartek to deliver green sorting and dry sorting lines for Segezha's Onega wood processing facility

Jartek Invest Oy, a leading supplier in Finnish sawmilling technology, has announced that it has just signed a contract to deliver green and dry sorting lines... [more...]

Egger Group records strong sales growth in first half of financial year

The Egger Group has closed their H1 21/22FY with consolidated sales of €1.98 billion, a 36.5% compared to the previous year...... [more...]

US sawmill output continues to lag home construction

US domestic sawmill capacity also contributed to record-high lumber prices and price volatility in 2021...... [more...]

Softwood timber surplus in the US South is likely to diminish over the next decade

The US South softwood timber resource is significant, cost-competitive, and increasingly crucial for the global supply of several forest products. In 2020, an estimated 12% of the world's conifer timber harvest was in this region. A large softwood timber inventory has built up in the southern US over the past 15 years...... [more...]

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Special Reports

special report
US lumber futures back to record highs

US lumber futures back to record highs

US lumber futures are above 1000 USD again hitting 1024,30 USD yesterday in trading...... [ more...]

special report
Survey on Oak and Beech logs prices in Europe

Survey on Oak and Beech logs prices in Europe

Raw materials in Europe show no sign of decreasing and the latest oak and beech auction sales showed a strong rush to win ...... [ more...]

special report

România: artificial wood deficit, crisis prices

In some auctions beech log prices reached 120 Euro/m3 and Spruce logs 160 Euro/m3. Prices of firewood have also increased significantly reaching 100 Euro/m3 and even much more delivered to consumers in some regions of Romania.... [ more...]

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