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DATE 2022.07.20

Setra reports increasing sales in the second quarter 2022

Setra has reported an operating profit of SEK 564 million (USD 55 million, previous quarter: SEK 442 million) for the second quarter of 2022. Net sales totalled SEK 1,792 million (USD 175 million, previous quarter: SEK 1,529 million).

DATE 2022.07.01

Valmet to deliver world’s first electrical folding machine for pulp bales to S?dra Cell M?nster?s in Sweden

Valmet?will deliver the world’s first two electrical folding machines for pulp bales to S?dra Cell M?nster?s pulp mill in Sweden. The machines’ start-up is planned for the last quarter of 2022. The value of the order will not be disclosed.

DATE 2022.06.06

Germany: Beech log price index slightly declining

The German producer price indices for beech logs developed slightly negative in March 2022. On average, they decreased by 0.6% to 105.7 points. B grade fell 0.2% from February to 113 points. The index for 3 m lengths fell by 0.1% to 107.6 points, while that for 5 m lengths fell by 0.3% to 113.9 points.

DATE 2022.05.24

Less positive outlook for UK market in 2022 and 2023

Prospects for strong demand for wood products in the UK continuing this year and into 2023 look increasingly uncertain.

DATE 2022.05.13

Sweden: Increase in roundwood prices in Q1/2022

The roundwood prices on delivery timber in Sweden increased for both sawlog and pulpwood during the first quarter of 2022 in comparison to the fourth quarter of 2021. The sawlog price increased by 4 percent and pulpwood by almost 3 percent, according to statistics released by the Swedish Forest Agency (Skogsstyrelsen).

DATE 2022.05.07

US hardwood flooring is experiencing a retail renaissance

The US wood flooring industry is strong and growing. For 2021 wood flooring is estimated to have accounted for 13.5% of the floor covering market according to Market Insights, up from 11% in 2020.

Us home builders' confidence drops to seven month freezing point

A survey released on Monday showed that the confidence index of single family home builders in the United States fell to its lowest level in nearly seven months in April, as soaring mortgage interest rates and supply chain chaos pushed up housing costs and prevented some first-time home buyers from entering the market.

Shortage of timber supply, new tension in Vietnam's timber industry

So far, Vietnamese processing enterprises can make up for some wood shortages, but in the long run, it may be more serious

DATE 2022.03.18

Malaysia sets export target for timber and timber products by 2030

According to The Borneo Post, Malaysia’s Minister of Plantation Industries and Commodities has fixed an export value of RM$32.8 billion (US$7.77 billion) for the timber and timber products industry to reach by 2030.

United States: new residential buildings surpass the historical trend by the end of 2021

Driven by the continuous strong demand for actual construction projects, the benchmark timber project western SPF 2 for the week of January 21, 2021 × The price of 4 #2&btr KD (RL) was $1220 mfbm, up $50, or + 4%, from $1170 the previous week. The price that week was + 417 dollars higher than $803 a month ago.