Nordic sawmillers are reporting that recently reported weak financial results are prompting production curtailments. Weakening demand due to uncertain global economic conditions and a spruce beetle infestation has resulted in a large amount of product available for sale. To help offset the current oversupply and over production further curtailment announcements have been made by Bergs Timber, Stora Enso, and Moelven.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.