SCA increases the prices on brown and white kraftliner in Europe by Euro 60 per tonne.
Duties and Tariffs
At the end of 2023, the total plywood production capacity in China was about 205 million m3 per year.
A year ago at this time, the 30-year FRM averaged 6.39%.
U.S. mortgage rates climb for a second week.
U.S. mortgage rates continue to show little movement.
In 2023, Russia decreased of plywood exports into the U.S. by 52%.
Sappi Europe will renew price negotiations to reach the level of min. 10% originally announced, with implementation latest by 1 May 2024.
U.S. 30-year FRM averaged 6.79% as of March 28, 2024, down from last week when it averaged 6.87%.
Joint investigation reveals sophisticated trade rerouting to smuggle sanctioned goods into Europe.
Exemption benefits global wooden pallet industry in EU regulation adaptation.
Sonoco announced it is implementing a Euro 60 per ton and GBP 50 for UK market, price increase for all grades of uncoated recycled paperboard (URB) sold in Europe effective for deliveries after 15th April 2024.
However, a number of factors may limit the rapid expansion of unprocessed timber exports to China.
An increase of 10% or more over current prices will be applied to all consignments delivered from April 1, 2024 onwards.
This change is expected to lower the expenses for homeowners selling their properties by potentially reducing the standard commission rates, which have historically been among the highest globally.
Once the investigation process is complete, the anti-dumping duties, as high as 15.8%, will be applied retroactively on all imports of birch plywood into the EU from 22 August 2023 and for all future imports from Kazakhstan and Türkiye.
U.S. mortgage rates increase for the fourth consecutive week.
Södra is adjusting the base price for GROT, i.e. branches and tops, as of February 28.
The new price is valid from April 1, 2024
The implementation of the price increase will be effective for all markets effective on deliveries from April 1st.
By misdeclaring the species, country of origin, or harvest country of the wood, the couple managed to import these products into the U.S., thus violating federal laws.