Logging and wood product manufacturing saw declines in capacity utilization.
圆木
Price for logs exported from Brazil contracted 7%.
Company has invested $17 million into the 105-acre Leesville site.
Exports of logs from the U.S. decreased 7%.
Exports of logs from Norway gained 3%.
If lumber prices do not increase, Swedish sawmills will show catastrophic results in the autumn when the current wood raw material prices reflect in their financials.
Price for logs imported to Japan expanded 28%.
All Metsä Forest Eesti AS employees will transfer to the new owner’s service as existing employees.
Exporters expect prices to rise in June.
Price for logs exported from Japan lost 5%.
Imports of logs to European Union contracted 7%.
British Columbia’s chief forester sets a new AAC, changing the previous level set in 2012.
Exports of logs from New Zealand contracted 16%.
Exports of logs from Lithuania decreased 16%.
Finland harvested 4.1 million m3 of roundwood for industrial use, marking a 12% decline from April 2023 and an 11% decrease from the average for the past five years.
Imports of logs to India lost 24%.
Imports of softwood logs to China upped 5%.
Trade volumes in April reflected a 15% decrease in industrial roundwood purchases from the previous year but were still 8% higher than the five-year average.
Despite this growth, the current export volumes remain considerably lower than those seen before the January 1, 2022, Russian restrictions on roundwood exports.
EBITDA was negative $0.5 million for the Q1 2024, compared to EBITDA of negative $3.5 million in the Q4 2023 and negative $6.9 million in the Q1 2023.