The Estonian mill will add and modernize veneer and plywood production lines, with start-up scheduled from autumn 2027.

Price for plywood imported to the UK increased 6%.

Inventory reaches 1.62 million units, while the median existing-home price rises 1.6% from a year earlier.

The association cites a continued weakened market situation and lower demand for the reductions.

The new facility at Kočevska Reka will process beech timber in batches ranging from six to 15 metres.

Regional constraints, limited plantation expansion and infrastructure barriers will restrict how much additional softwood roundwood reaches markets.

Price for lumber imported to the UK upped 3%.

Plywood prices rose 25.8% year over year, while wooden log prices gained 0.9% in August.

Price for wood chips imported to the UK decreased 27%.

Price for wood pellets imported to the UK rose 2%.

Price for lumber imported to Egypt upped 2%.

Price for lumber imported to the UK gained 2%.

Price for wood chips imported to the UK increased 21%.

Price for wood pellets imported to the UK fell marginally 0.6%.

Price for plywood imported to Taiwan rose marginally 0.7%.

The 15-year fixed-rate mortgage also rose, while both rates remain above year-ago levels.