New sawmill under construction in Canada will raise log intake to 500,000 tonnes as North Island acquisition adds Ōtorohanga Timber Company operations.
Kayu gergajian
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.
Price for lumber exported from Thailand to China decreased slightly 0.6%.
Index rises 2% over the past month from $513, with no change from the previous week.
Price for lumber exported from Belarus to China slid 3%.
Price for softwood lumber imported to China rose 1.5%.
Price for lumber exported from New Zealand lost 15%.
Price for lumber exported from Russia to Kazakhstan fell marginally 0.5%.
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.
Price for lumber exported from Latvia upped 5%.
Price for lumber exported from the EU to United Arab Emirates slipped 1.3%.
Price for lumber exported from the EU to MENA grew 9%.
Price for lumber exported from Finland to Algeria grew 9%.
Price for lumber exported from Finland upped 5%.
Price for lumber exported from Sweden increased 6%.
Imports of lumber to the UK lost 13%.
Price for lumber imported to Kazakhstan lost 7%.
Consolidated sales fall 2% to $108.7 million as cold winter and elevated interest rates weigh on construction activity.
February sales declined 0.8%.