News in international markets

The US exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons in September, a Biomass Magazine review of USDA data shows.

Metsä Group has decided to close down the operations of the birch plywood mill by the end of 2025Q1, and operations at the spruce plywood mill will end by the end of 2026 at the latest.

The UK is expected to import a record 9.641 million metric tons of wood pellets in 2024, Biomass Magazine reported.

Kronospan has launched a new OSB production line in the Rivne region.

UPM Fibres has completed its change negotiations in the Fibres Finland Operations organization, including the UPM Pulp, UPM Timber, and UPM Forest organizations.

Brazilian exports of wood-based products (except pulp and paper) in October increased 20.0% in value compared to October 2023, the ITTO reported.

The Inter IKEA Group has signed an agreement to acquire its first set of forestlands in Latvia.

The owner of one of Europe’s largest sawmills filed for insolvency in German court last Wednesday, BR24 reported. 

The Finnish Forest Industries Federation reported that its members purchased 32.3 million cubic meters of wood from private forests from January through October.

Danish lawmakers agreed on a deal to plant 1 billion trees and convert 10% of Denmark’s farmland into forest and natural habitats over the next two decades, AP reported.