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The UK hardwood sector seems to be weathering the immediate currency and confidence impacts of the EU referendum; it’s passing price rises on and forecasts a good to firm second half. Mike Jeffree reports
The UK’s vote to leave the EU has had a dramatic affect on imported softwood prices, but demand continues to hold up
Price stability for West African timber and wood products has been a feature of the recent market
UK traders have no complaints about the current MDF market. Keren Fallwell reports
Market conditions have improved for Swedish sawmills and their Q2 results are expected to show a substantial improvement. Stephen Powney reports.
Fluctuating exchange rates are currently perhaps the biggest single influence on the plywood market. Keren Fallwell reports
Some markets are providing good business for Finnish mills but exchange rates changes are causing uncertainty. Keren Fallwell reports.
UK chipboard volume import stats show a reduction for 2015 and the market is reportedly clouded at the start of this year
Europe currently holds the key to overall market stability in the tropical timber market
Pressure exists from Northern European mills for increased prices after Sterling’s recent fall but patience may be required before shippers’ can claw back the currency reduction in the UK