
This volume was also 16% higher than the average for the past five Januarys.
This volume was also 16% higher than the average for the past five Januarys.
Annual productivity grows 0.6% in 2024, with unit labor costs increasing 3.3%.
Compared to December 2023, lumber production declined by 2%, while shipments saw a larger drop of 9%.
Residential real estate investment shrinks to 7.6 trillion yuan.
The growth was driven by an increase in wood harvesting, while imports declined.
Renewable output reaches 14.6 TWh; pellet production grows 5% to 4.0 million tonnes, with a 130 thousand tonnes capacity expansion at Aliceville, Alabama, and a multi-year 1 million tonnes per annum offtake agreement in place for 2029.
Shipments rise by 2%.
Building permits rise 0.1% from December, while housing completions increase 7.6%.
Export drops 7.8% to Euro 1.7 billion, domestic demand declines 9.5%.
The world’s largest single-line eucalyptus pulp mill achieved average nominal capacity within less than six months after start-up, nearly four months ahead of schedule.
Lumber prices fall 4%, sales decline 9% amid weak market conditions.
Sanctions derailed the company’s investment and export strategy.
North American home construction supports demand as European market faces slow recovery.
Residential permits increase 21%, led by Ontario and British Columbia.
Domestic construction activity remained weak, but foreign demand helped sustain production.
Chinese softwood lumber imports decline 7.3% as real estate downturn cuts demand.
December output increases 7% year-over-year.
Comparable EBIT grows to Euro 1.2 billion while pulp production increases at Paso de los Toros.
The boxboard operating rate was 84.7%, up 3.8 points from the same quarter last year and up 3.3 points year-to-date.
New single-family construction grew by 1% month-over-month but remained slightly down year-over-year, reflecting the impact of elevated mortgage rates.