Lumber pricing rises on tighter supply, but weak demand, duties, and disruptions cut shipments and keep both lumber and pulp operations under pressure.
Marketing
High roundwood prices and slightly higher felling volumes lift income, even as trade and prices ease late in the year.
Median new-home price falls 5.3% to $387,400 as months’ supply declines to 8.5.
Exports fell 6.6%.
Expedited first five-year review finds dumping would likely continue if the order was revoked, with weighted-average dumping margins up to 231.60% for imports from China.
For delivery timber, prices increased on sawlogs and decreased on pulpwood.
Volatile mortgage rates, weather disruptions, and cautious housing demand weigh on results and margins, with the largest pricing and gross-margin pressure in engineered wood products.
Lumber sales realizations rise 13% from fourth-quarter averages and oriented strand board realizations rise 8%.
The reviews cover Canadian softwood lumber and uncoated paper from Brazil and Portugal, and list the companies subject to review.
High financing costs, construction-input prices and currency weakness are expected to limit new procurement.
Wooden housing starts decrease 26.9% while monthly figures rise from February levels.
Mortgage rates above 6% and tariff uncertainty shape 2026 operating plans and input-cost expectations.
More than half of tracked metros post annual price declines, with Denver the weakest.
Finland consumes 78.9 million m3 of roundwood in 2025 Headline option 3: Finland forest industry roundwood use rises 6% in 2025 Subheading: Forest industry processing totalled 66.1 million m3, while energy use fell to 12.8 million m3.
Significant overcapacity in the forest industry led to production curtailments that reduced demand for pulpwood, and pulpwood prices fell during the quarter. Log demand decreased, and log prices began to decline slightly from very high levels.
The builder cited affordability concerns and competitive conditions, and said it adjusted incentives, sales pace and production while working down spec inventory.
The forestry group cites higher logistics and input costs, a stronger krona and uneven pricing between wood supply and finished products, while pointing to small pulp-price gains late in the quarter.
Weak lumber demand and price pressure in China, a stronger ruble, and high interest costs drove asset impairments, capacity curtailments, and lower fourth-quarter sales.
New estimates show lumber demand is more sensitive to housing starts than to GDP per capita or prices, and the revised setup produces lower long-run demand.
New construction increases 2.6-fold from February but remains 17% lower year-on-year.