News
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Planned tariffs by U.S. President Donald Trump: Impact on the timber market and international trade
The newly elected U.S. president, Donald Trump, plans to impose 60% tariffs on all goods imported from China and 10% tariffs on goods from other countries. Trump's tariffs could create serious problems for the global timber market, as they would significantly affect the prices of roundwood in international markets. The U.S. and China’s timber markets are closely linked.
Read the whole article2024-11-25 -
The European Union is fighting against the unfair import of timber from China.
The European Union (EU) has launched an investigation in the fall of 2024 into the import of hardwood plywood from China. This investigation was requested by nine European plywood manufacturers who claim that China is selling this product in Europe at unfairly low prices.
Read the whole article2024-11-22 -
2024 June timber market price overview
In the first half of 2024, Latvia's timber market has experienced several significant trends and changes in wood prices, reflecting both seasonal and economic factors. Summer is the construction season, typically influencing the prices of softwood sawlogs, which tend to rise during this period. The recent decrease in interest rates after a significant pause also potentially signals a positive increase in softwood sawlog prices.
Read the whole article2024-06-13 -
Softwood felling site auctions indicate a price increase
The price of softwood pulpwood has risen to 74 to 75 euros per cubic meter. This increase has significantly impacted the cost of softwood tare logs, which have now reached 77 to 78 euros per cubic meter. This trend illustrates a usual correlation between the prices of pulpwood and tare logs. Positive trends can also be observed in the softwood sawlog market. The softwood sawlog price has reached 85 EUR/m3 on average, but in some places even 96 EUR/m3, as well as the demand for conifer logs has risen.
Read the whole article2024-04-30 -
The increase in the price of pulpwood at the beginning of 2024
No particularly important price fluctuations have been observed so far. Softwood pulpwood prices have increased from 58 euros per cubic meter at the beginning of the year to 70 euros per cubic meter today. Birch pulpwood prices have increased from 55 euros per cubic meter at the beginning of the year to 59 euros per cubic meter today.
Read the whole article2024-03-08
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