Operating profit falls amid lower paper prices.
Märkte
The era of steep commodity price falls triggered by the pandemic and subsequent recovery phases seems to be concluding.
Exports of wood pellets from Vietnam to South Korea upped 3%.
Price for sawlog exported from Germany to China rose 2%.
Exports of lumber from New Zealand rose 1.7%.
Exports of wood chips from Australia to China rose 4%.
Exports of lumber from Chile slipped 4%.
Price for wood chips exported from Chile gained 2%.
The total consumption of logs was 23.8 million cubic metres (-11%), and that of pulpwood was 36.7 million cubic metres (-2%).
Price for lumber exported from Thailand to China upped 3%.
The average price for logs decreased by 8%.
In the week ending April 12, 2024, the price of Western S-P-F 2x4 #2&Btr KD (RL) was US$452 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $452.
In May, Setra is planning a small opening event for its Umeå office.
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
The most significant regional increase for sawlog prices was recorded in Södra Norrland, where prices surged by 9%.
Imports of softwood logs to China gained 2%.
Imports of hardwood bleached kraft pulp to China decreased 17%.
Price for hardwood bleached kraft pulp exported from Chile added 0.7%.
Price for plywood exported from Chile added 0.9%.
Imports of wood chips to China increased 23%.