News in international markets

The US exported 1.10 million metric tons of wood pellets in December, up from 655,649.2 metric tons in November, a Biomass Magazine review of USDA data shows.

German real estate company TAG Immobilen told Reuters that it anticipates home prices in Germany could fall as much as 30% below their 2022 peak.

In December, Brazilian exports of wood-based products (except pulp and paper) increased 2.0% year-over-year to US$270.8 million in value, the ITTO reported.

Stora Enso plans to initiate a new profit improvement program targeting annualized EUR 80 million improvement of the operational EBIT.

Södra Wood said it would consolidate its sawn timber operations to achieve economies of scale by relocating production volumes to its larger production units.

BelTA reported that exports of Belarusian sawn timber were up by almost 40% in 2023, according to figures released by the Belarusian Forestry Ministry.

Citing strong demand for green raw materials, Sveaskog announced that it is raising the prices for private forest owners who sell their wood to Sveaskog.

Södra has announced that it has implemented a timber price increase, effective January 18th. The change applies to normal logs and small sawn assortments of spruce and pine.

Ukraine’s state-run enterprise Forests of Ukraine has put up more than 1 million cubic meters of wood for auction, General Director Yuriy Bolokhovets said on Monday, Interfax-Ukraine reported.

Canadian wood pellet production was down 6% in 2023 and exports down were 14%, according to a Biomass Magazine review of USDA data.