A plentiful supply of logs coupled with declining demand moved sawlog prices downward in most major markets around the world in the 3Q/19. The biggest price reductions came in Central Europe, where storm damaged logs flooded the market. With falling sawlog prices throughout the world, the Global Sawlog Price Index…
In a partnership with the Brazilian Trade and Investment Promotion Agency (Apex-Brazil) and the Brazilian Embassies in Germany, Belgium and France, the Brazilian Forest Service (SFB) delivered a series of lectures in Cologne, Brussels and Paris to provide information on forest concessions and the monitoring system in Brazil. This event…
China’s forestry sector has seen continuous expansion in recent years, an official with the National Forestry and Grassland Administration said Tuesday as Chinese Xinhua news agency reports. The gross output of the industry in the first three quarters of the year hit 5.13 trillion yuan (about 730.5 billion U.S. dollars),…
In connection with COP25, Inter Ikea Group announces the decision to invest 200 million euros to speed up the transformation to become a climate positive business. Considering that more than half of the Ikea climate footprint comes from materials in the products and production, the investment will focus on two…
WWF Austria accuses four Austrian parquet manufacturers of importing illegally harvested timber from the Ukraine. The WWF relies on a report from the search platform “Addendum”, which allegedly found traces back to two Ukrainian suppliers. The allegations are directed against Weitzer, Scheucher, Admonter and Parador. Over a period of 18 months, according…
In October the value of Vietnam’s wood product exports was US$1,037 billion, up 20% compared to September and by 23% compared to October 2018. This was the first time Vietnam’s export earnings from wood products exceeded US$1 billion in a single month. Exports in the first 10 months of this…
China has informed the CITES Parties that as of 1 July 2019 new versions of the permits and certificates were used by CITES Management Authority in China. Further they have advised that the older versions will remain valid until 1 January 2020. Forms for the new permits and certificates There…
Woodbois has entered into a Memorandum of Understanding with a leading West African timber supplier to offtake all of their timber production in Liberia. A formal offtake agreement is expected to be entered into in January 2020. Under the terms of the MOU, Woodbois will have exclusive right of first…
Stora Enso has appointed Jari Suominen as EVP, Head of Forest division as of 1 January 2020. He will continue as a member of the Group Leadership Team. Jari Suominen has led Stora Enso’s Wood Products division since 2014. He has held several leadership positions in Stora Enso’s paper and…
At Wharf Gate (AWG) prices for export logs delivered to ports around New Zealand in November increased by an average of NZ$5 per JASm3. Since July the average AWG prices have now increased by approximately NZ$25 per JASm3, a new report by interest.co.nz reveals. Due to the increase in the…
