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Analyst Comment – Wood Markets News
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class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/s3JVMSofpb9A8sUjHia5.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="116061" href="/en/news/Swedish_forest_owners_expect_timber_prices_to_rise_50_in_three_years_116061/">Swedish forest owners expect timber prices to rise 50% in three years</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-19T19:59:40+03:00">November 19, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Limited timber supply, sanctions on Russia, and heightened demand from energy production and industrial investments are driving timber prices to historic highs.</p></div> </article> <article id="news_115997" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/DrBmGbfWXWjHMN5fXag3.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115997" href="/en/news/30-year_mortgage_rate_stabilizes_at_6_78_as_affordability_challenges_persist_115997/">30-year mortgage rate stabilizes at 6.78% as affordability challenges persist</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-14T20:05:42+03:00">November 14, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Despite the leveling off of rates, affordability remains a barrier for many potential buyers, as mortgage payments compared to rents on the same homes have stayed high relative to most of the past thirty years.</p></div> </article> <article id="news_115995" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/UsmWTwMoGZMjHA92YtEj.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115995" href="/en/news/Softwood_lumber_prices_rise_2_6_in_October_115995/">Softwood lumber prices rise 2.6% in October</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-14T19:35:00+03:00">November 14, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Final demand prices edge down 0.2%, while softwood leads lumber gains with hardwood prices unchanged</p></div> </article> <article id="news_115962" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/O8vXavV2vo9eVueyefDN.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Furniture_4/">Furniture</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115962" href="/en/news/IKEA_braces_for_potential_U_S_tariffs_with_enhanced_supply_chain_readiness_115962/">IKEA braces for potential U.S. tariffs with enhanced supply chain readiness</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-12T19:56:32+03:00">November 12, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>U.S. imports face 10% tariffs under Trump; IKEA's U.S. supply chain remains largely import-dependent</p></div> </article> <article id="news_115896" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/NArzfC5TK3322PiEmm5b.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Timberlands_1/">Timberlands</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115896" href="/en/news/Rayonier_completes_495_million_timberland_sale_reports_strong_Q3_income_115896/">Rayonier completes $495 million timberland sale, reports strong Q3 income</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-07T02:00:20+03:00">November 7, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Rayonier Inc. posted third-quarter net income of $28.8 million and announced large timberland dispositions to cut debt.</p></div> </article> <article id="news_115890" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/ywH6bffNDAPmugbVQr6Q.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_Pulp_22/">Wood Pulp</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115890" href="/en/news/EU_faces_potential_softwood_shortage_amid_hardwood_surplus_study_reveals_115890/">EU faces potential softwood shortage amid hardwood surplus, study reveals</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-06T21:09:00+03:00">November 6, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>A detailed spatial analysis highlighted potential wood supply constraints in Europe, underscoring shortages in softwood for sawmills and bioenergy sectors amid surplus hardwood availability.</p></div> </article> <article id="news_115865" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/HuhJXMMEYwgsSxmSvACV.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Logs_2/">Logs</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115865" href="/en/news/Timber_stocks_in_Sweden_show_slight_annual_increase_driven_by_softwood_sawlogs_115865/">Timber stocks in Sweden show slight annual increase driven by softwood sawlogs</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-05T17:57:37+03:00">November 5, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Softwood sawlog stocks in Västra Götaland, Värmland, and Örebro counties reached a record level for this time of year since tracking began in 2013.</p></div> </article> <article id="news_115840" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/UOSJK4cMOBu6K6ACS9ic.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115840" href="/en/news/Appalachia%E2%80%99s_hardwood_industry_faces_collapse_under_economic_strain_115840/">Appalachia’s hardwood industry faces collapse under economic strain</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-04T18:02:19+03:00">November 4, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Trade challenges, falling demand, and mill closures threaten survival of region's logging sector.</p></div> </article> <article id="news_115821" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/ypB2QNmNOYz42SRdHKik.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115821" href="/en/news/U_S_construction_spending_edges_up_0_1_in_September_reaching_2_149_billion_115821/">U.S. construction spending edges up 0.1% in September, reaching $2,149 billion</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-11-01T17:26:00+03:00">November 1, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Over the first nine months of the year, total construction expenditures increased 7.3%.</p></div> </article> <article id="news_115803" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/aiGZHg2nzyvU9urkNn6R.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115803" href="/en/news/Mortgage_rates_increase_for_fifth_consecutive_week_115803/">Mortgage rates increase for fifth consecutive week</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-31T20:04:57+03:00">October 31, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Freddie Mac suggests mortgage rates may be peaking and are unlikely to reach the highs recorded earlier in the year.</p></div> </article> <article id="news_115778" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/eKWYDTSEfAiK45NEtQw2.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Logs_2/">Logs</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115778" href="/en/news/Energywood_prices_in_Finland_increase_sharply_in_Q3_2024_115778/">Energywood prices in Finland increase sharply in Q3 2024</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-30T17:26:17+03:00">October 30, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>From January to September, trade volumes were up one-third year-on-year and 75% above the five-year average.</p></div> </article> <article id="news_115756" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/U6aCOSzWMg2iBJekTwan.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Wood_Pulp_22/">Wood Pulp</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115756" href="/en/news/UPM_reports_32_jump_in_Q3_EBIT_as_sales_dip_amid_mixed_market_conditions_115756/">UPM reports 32% jump in Q3 EBIT as sales dip amid mixed market conditions</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-29T16:51:00+03:00">October 29, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The full production ramp-up at Paso de los Toros significantly contributed to earnings despite demand slowing during the year.</p></div> </article> <article id="news_115734" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/cG4BcXGBQbxXQSfkf4in.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Logs_2/">Logs</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115734" href="/en/news/Chinese_log_demand_holds_steady_despite_economic_slowdown_115734/">Chinese log demand holds steady despite economic slowdown</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-28T16:57:19+03:00">October 28, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>The Purchasing Managers’ Index (PMI) fell to 49.3 from 50.4 in August, with new orders, including exports, declining at the fastest rate in two years.</p></div> </article> <article id="news_115712" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/Fa9vYxP7uA6DcQJXBVMb.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115712" href="/en/news/German_construction_leader_Peri_projects_growth_in_Russian_sector_expands_operations_115712/">German construction leader Peri projects growth in Russian sector, expands operations</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-27T21:43:00+03:00">October 27, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>According to the company's Telegram channel, Peri has actively adapted its offerings to Russia’s evolving construction needs.</p></div> </article> <article id="news_115711" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/iBKdcWfspjUhWQ6XntJG.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Lumber_19/">Lumber</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115711" href="/en/news/Canfor_reports_560_million_Q3_loss_driven_by_asset_write-downs_and_weak_lumber_demand_115711/">Canfor reports $560 million Q3 loss driven by asset write-downs and weak lumber demand</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-26T03:57:00+03:00">October 26, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Canfor anticipates continued pressure on the North American lumber market for the rest of 2024. While lower interest rates may offer some relief, ongoing affordability constraints are likely to limit residential construction and DIY activity.</p></div> </article> <article id="news_115691" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/pyNGbdjNaVNEH4AGS8tD.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Packaging_Paper_%26_Board_24/">Packaging</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115691" href="/en/news/Holmen%E2%80%99s_profit_drops_in_first_nine_months_of_2024_amid_market_pressures_115691/">Holmen’s profit drops in first nine months of 2024 amid market pressures</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-25T03:23:00+03:00">October 25, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Holmen anticipates gradual recovery driven by potential interest rate cuts, particularly in the construction and energy sectors. While wood prices may continue to support returns, limited raw material availability could constrain growth.</p></div> </article> <article id="news_115681" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/pdav4MS2RcSgXnZi8Qbr.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Homebuilding_60/">Homebuilding</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115681" href="/en/news/New_home_sales_rise_but_overall_market_still_set_for_worst_year_since_1995_115681/">New home sales rise, but overall market still set for worst year since 1995</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-24T17:24:00+03:00">October 24, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>High prices and mortgage rates continue to restrict home-buying.</p></div> </article> <article id="news_115657" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/aaSv237oYZxzGRcx3WAt.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <p class="mf-byline news-topic"> <span class="mf-byline news-topic lesprom-plus"><a href="/en/news/plus/">Lesprom Plus</a></span> <span class="mf-byline divider">|</span> <a class="news-topic-link" href="/en/news/products/Plywood_21/">Plywood</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115657" href="/en/news/Dark_times_for_Russian_birch_plywood_115657/">Dark times for Russian birch plywood</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-23T21:28:00+03:00">October 23, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>Facing sanctions and struggling to capture demand in limited markets, Russian plywood producers now face a new threat: Chinese companies are building plywood plants in Russia.</p></div> </article> <article id="news_115637" class="story-package wire-block-image wire-blocks"> <div class="wire-block-second no-image"> <p class="mf-byline news-topic"> <a class="news-topic-link" href="/en/news/products/Logs_2/">Logs</a> </p> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115637" href="/en/news/Industrial_roundwood_harvesting_in_Finland_rises_by_25_in_September_115637/">Industrial roundwood harvesting in Finland rises by 25% in September</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-23T05:47:22+03:00">October 23, 2024</time> </div> </div> </div> <div class="wire-block-third no-image"><p>From January to September, the total volume of roundwood harvested rose by 2%.</p></div> </article> <article id="news_115630" class="story-package wire-block-image wire-blocks"> <div class="wire-block-first"> <figure class="wire-block-media"> <picture> <img alt="" src="/assets/files/news_xl/hDRaNFPip2YQOtnRbArU.jpg"></figure> </picture> </figure> </div> <div class="wire-block-second"> <h2 class="wire-block-title"> <a class="wire-block-title-link news-link" data-id="115630" href="/en/news/IMF%3A_Global_inflation_under_control_GDP_growth_to_remain_steady_at_3_2_through_2025_115630/">IMF: Global inflation under control, GDP growth to remain steady at 3.2% through 2025</a> </h2> <div class="wire-block-meta"> <div class="wire-byline"> <time class="wire-byline-time" datetime="2024-10-22T17:37:00+03:00">October 22, 2024</time> </div> </div> </div> <div class="wire-block-third"><p>This marks a recovery from stagnation in 2023, driven by increased intraregional trade and offsetting geopolitical disruptions.</p></div> </article> </div> 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