Price for logs imported to China gained 3%.

Price for sawlog exported from Germany to China increased 11%.

Price for bleached kraft pulp imported to China grew only 0.9%.

Price for particleboard exported from Thailand contracted 20%.

Price for MDF panels exported from Thailand rose 4%.

Standing-sale pulpwood prices increased by at least Euro 1 per m3 from May, while June purchase volumes rose from both May and a year earlier.

Branch managed by Andy Witt with 21 years of industry experience.

Former Finnair and Outokumpu CFO joins Executive Leadership Team by January 2027.

Company expects Q3 earnings of $2.91 per share as price increases take effect.

Compared with May 2025, production was down 6%.

Sales increase from May, while homes for sale and median selling prices decline and inventory stands at a 9.3-month supply.

In June 2026, production of softwood lumber in Poland upped 2.5% compared to June 2025 to 244.9 thousand m3.

The 15-year fixed rate also increases to 5.96%, while the 30-year rate remains below 6.74% a year earlier.

Higher pulp prices, strong renewable fuel demand and growth in advanced materials supported results, while weak graphic paper demand, high wood costs and geopolitical uncertainty continued to weigh on parts of the business.

The funding will support sawmill expansion, new processing equipment and a new sawmill to increase domestic wood processing capacity and timber production.

The company reviews supplier sourcing plans each year, requires FSC certification and blocks deliveries when suppliers cannot prove compliance with its minimum sourcing standard.