Markets Archive
Archive of industry markets from the global ttj industryMarkets By Date
February 2018
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UK sawmills seek supply solutions
Continuing high log prices and a lack of log availability have reached dangerous proportions in the UK, with mills cutting their production as a result. But an industry crunch meeting with the Scottish government has provided hope of a solution, reports Stephen Powney
Sourcing central to success
The hardwood sector is confident of demand, but says supply is the key focus for 2018. Mike Jeffree reports
December 2017
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Irish timber processors stay true to UK market
Ireland’s economy has made a good recovery but domestic demand for timber is still at a low level, making the UK a crucial and enduring export market. Sally Spencer reports
November 2017
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The highest bidder
With current prices in the UK failing to compensate for sterling’s downward currency adjustments, the road ahead for importers looks more uncertain as mills must favour those markets prepared to pay the going rate, reports Jerry Wilson
Softwood in tune and on trend
The International Softwood Conference highlighted primarily positive trends for the softwood sector around the globe, with demand growing and new applications taking root. Mike Jeffree reports
October 2017
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Demand solid but supply tightens
Chipboard business is keeping traders busy but supply issues are such that even European producers are selling P1 and P2 in the UK. Keren Fallwell reports
September 2017
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Plywood sales On steady course
UK plywood demand is reasonably healthy, and expected to remain so, but shipping issuesand environmental crackdowns in China could affect supply. Keren Fallwell reports
August 2017
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UK prices “too low” and “too slow”
European softwood sawmillers say low UK prices compared with other world markets may result in some UK importers being short of wood following the summer, according to TTJ’s softwood market specialist
Irish counter currency change
Irish softwood sawmillers are investing heavily to boost competitiveness following the Brexit vote’s impact on currency markets, reports Stephen Powney
Unbowed by Brexit or log bans
The hardwood sector is facing its share of trading challenges, but generally reports business on or above budget. Mike Jeffree reports
July 2017
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UK softwood market quietens down
The UK softwood market quietened down as the trade moved in to July tempered by the political outfall from the general election, Brexit uncertainty and a sombre aftermath of the Grenfell Tower fire tragedy.
Tight supply is talking point
The UK’s MDF sector is reasonably happy with demand levels but tight supply is causing some issues. Keren Fallwell reports
May 2017
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Fencing market fails to excite
Higher than normal fencing stocks and a less than spectacular Easter period has left many fencing manufacturers looking at reduced sales volumes
March 2017
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Producers Bemoan "Dull" European Markets
Markets in Asia, the Middle and Far East are giving more grounds for optimism for West African producers than “dull” European markets, reports TTJ’s West Africa markets specialist
Softwood Shortages Loom
There are signs of a softwood shortage for the year ahead with further price increases in the second and third quarters, reports Jerry Wilson
February 2017
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No Brexit Big Bang
The UK hardwood sector says the EU referendum complicated trade, but had minimal impact on overall sales last year. Mike Jeffree reports
Further Whitewood price increases expected
Timber exports from the Baltics to the UK increased in 2016 but further price increases for whitewood are widely being mooted for Q2, reports Stephen Powney
December 2016
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Business as usual?
The Brexit vote shocked the Irish timber industry but the fundamentals of trade remain the same, it says. Sally Spencer reports
Scaling up
West Cork sawmiller GP Wood is on the mill investment trail, with a major new project at its Enniskeane sawmill
November 2016
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Market progress Dampened for African mills
The encouraging trading prospects for West and Central African exporters that were expected toconsolidate the first half of 2016’s good progress through into the summer months have tended to fizzle out as we enter the fourth quarter, report’s TTJ’s Africa market specialist