China imported 4.865 million cubic meters of timber in April, down 6.8% year-over-year, although US log shipments surged 78%, Interior Daily reported.
News in international markets
War in Ukraine Destroys 165,000 Hectares of Forest, Causing Billions in Losses
Forest fires linked to the war in Ukraine have destroyed 165,000 hectares and caused more than US$22.6 billion in damages, UNN reported.
Swedish Pine Lumber Gains Ground in Structural Construction Applications
Interest in Swedish pine dimensional lumber for structural applications is growing as sawmills and builders seek greater flexibility in raw materials.
Germany’s Timber Industry Retains Pessimistic Outlook for the Next Six Months
Germany’s timber industry business climate indicator improved slightly in April, although companies remained pessimistic about the next six months.
LANA and Etorki Cooperatives Merge to Form Major Southern European Sawmill Operation
Spanish cooperatives LANA and Etorki merged to expand radiata pine processing and raise annual sawn timber capacity to 300,000 cubic meters.
Canfor Subsidiary Vida to Close Two Sawmills in Southern Sweden
Canfor subsidiary Vida AB will permanently close two sawmills in southern Sweden, reducing annual lumber production capacity by 265,000 cubic meters.
Finnish Forest Owners Offer More Than 1,000 Hectares for Conservation Program
Finnish forest owners offered more than 1,000 hectares for voluntary protection through the Metsä Conservation Foundation’s first application round.
BC Invests CA$12 Million to Expand Global Demand for Wood Products
BC announced investments exceeding CA$12 million to expand global demand for wood products and support market development initiatives.
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.
