Timber imports saw weaker volumes during Q1 than in 2023Q1, and greater price stability for many timber and panel products has continued in recent months, TDUK reported.
News in international markets
US Wood Pellet Exports Decline Month-Over-Month but Rise Year-Over-Year in April
The US exported 819,341.5 metric tons of wood pellets in April, down from 938,662.3 metric tons in March, a Biomass Magazine review of USDA data shows.
EU Formally Adopts Extension of Birch Plywood Antidumping Measures for Kazakhstan and Turkey
The EU has formally adopted the extension of anti-dumping measures on birch plywood imports to include those from Kazakhstan and Turkey, Timber Industry Magazine reported.
Brazilian Exports of Wood-Based Products Decline Year-Over-Year in April
Brazilian exports of wood-based products (except pulp and paper) fell 9.0% in value year-over-year to $306.7 million in April, ITTO reported.
New South Wales, Australia, Announces $13 Million Forestry Funding Package
New South Wales announced a $13 million (AUD) forestry funding package to provide much needed protection of critical timber supplies in the lead up to the next bushfire season.
Isojoen Saha Announces Significant Investment in Its Isojoki, Finland, Sawmill
Finland’s Isojoen Saha announced on Friday that it will build a new main sawmill line. The investment is one of the largest in the company’s 74-year history.
Keitele Group Announces Major Investment at Its Sawmill in Keitele, Finland
Keitele Group is investing more than EUR 40 million to increase annual sawn timber capacity at its sawmill in Keitele, Finland.
Southern Forest Products Association Receives $1.24 Million in USDA Funding to Expand Exports
The SFPA has received $1.24 million in funding over the next five years from the USDA Foreign Agriculture Service’s Regional Agricultural Promotion Program (RAPP).
EU Extends Antidumping Tariffs on Imported Birch Plywood From Russia to Kazakhstan and Turkey
The extension follows an investigation which concluded that EU anti-dumping duties on imports of birch plywood from Russia were being circumvented by imports transshipped from Russia to Kazakhstan and Turkey.
Metsä Group Completes Sale of Russian Subsidiaries to VLP Group
Metsä Group has completed a transaction in which the ownership in the group’s four Russian subsidiaries has transferred to VLP Group.