BC announced investments exceeding CA$12 million to expand global demand for wood products and support market development initiatives.
News in international markets
US Wood Pellet Exports Increase in March
US wood pellet exports totaled 1.1 million metric tons in March, up from 608,572 metric tons in February, the USDA and Biomass Magazine reported.
Sweden’s Sveaskog Lowers Timber Prices Amid Uncertain Market Conditions
Sveaskog lowered softwood and hardwood pulpwood purchase prices by 40 SEK/m3fub nationwide, citing uncertain market conditions.
Stora Enso Names Its New Swedish Forest Asset Company Bergslagets Skogar
Stora Enso named its planned Swedish forest asset company Bergslagets Skogar as it prepares for a potential public listing in 2027.
Swedish Forest Agency Reports Higher Stocks of Coniferous Sawlogs in Q1
Swedish stocks of coniferous sawlogs and pulpwood increased in Q1, while pulp chip inventories declined, the Swedish Forest Agency reported.
US Trade Court Rules Against President Trump’s 10% Global Tariffs
The US Court of International Trade ruled against President Trump’s latest 10% global tariffs, finding the duties were not justified under Section 122 of the Trade Act of 1974.
Sweden’s JGA Sawmill Group Receives Expanded Production Permit
JGA’s new production permit allows annual output of up to 400,000 cubic meters of sawn timber at its Linneryd facility in Sweden.
Russia’s Forestry Industry Remains Under Pressure from Sanctions and Aging Machinery
Russia’s timber volumes for sale fell 10% in 2025 to 176 million cubic meters, the weakest level since the start of the war in Ukraine.
European Commission Says EUDR Simplification Cuts Compliance Costs by 75%
The European Commission said EUDR simplification measures have cut compliance costs by about 75%, while maintaining the regulation’s scope and timeline.
Strait of Hormuz Closure Disrupts Timber Supply Chain
The closure of the Strait of Hormuz is disrupting timber supply chains, Robbert Jan Dekker, director of Dutch Royal Deckker, said.